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Global Business News

The Economic Times

Global Business / The Economic Times

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AI will amplify, not replace companies that adapt fast: Nandan Nilekani

Infosys is aggressively pursuing the AI-first services market, projecting a $300-400 billion opportunity by 2030. Chairman Nandan Nilekani emphasized AI will amplify, not replace, IT services, with 90% of top clients already engaged in AI initiatives. CEO Salil Parekh confirmed 5.5% of FY26 revenue, around $1 billion, came from AI services, experiencing rapid growth. Management highlighted AI's positive impact on margins and future growth potential.

24 Jun 2026 12:56 am