Don’t blame AI or Trump tariff: Indian IT faces deep trouble, says Zoho founder Sridhar Vembu. And jobs?

Don’t blame AI or Trump tariff: Indian IT faces deep trouble, says Zoho founder Sridhar Vembu. And jobs?

Zoho Corporation’s Chief Scientist, Sridhar Vembu, has issued a sobering assessment of the current state of the Indian IT industry. Known for his candid views on social media, Vembu recently reacted to the disappointing quarterly results of major IT firms like TCS, Infosys, and Wipro, arguing that the downturn is neither just cyclical nor driven solely by AI and Trump tariffs. According to him, the industry is at the start of a deep and long-term transformation.

Vembu believes the broader…

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https://m.economictimes.com/magazines/panache/dont-blame-ai-or-trump-tariff-indian-it-faces-deep-trouble-says-zoho-founder-sridhar-vembu-and-jobs/articleshow/120399008.cms

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