Indian IT faces AI reckoning as disruption fears spark sell-off

Vivan Sharan of Koan Advisory Group discusses the recent weakness in the stocks of Indian IT services firms. AI disruption fears have sparked a sell-off in the stocks sparked by Anthropic tools. Sharan notes that AI adoption in other industries is still at a pilot stage. He adds that the IT services firms are facing a big challenge when it comes to upskilling and taking advantage of India's wide talent pool.