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Are Indian techies losing jobs due to AI? CLSA analysts make a strong argument

Despite fears of AI-driven layoffs in Indias IT sector, CLSA analysts say hiring remains steady, and revenue per employee is rising. IT giants like TCS, Infosys and Tech Mahindra continue to expand recruitment, especially for specialised AI roles, while AI adoption boosts productivity and margins without threatening core jobs.

12 Mar 2026 12:06 pm