Indian IT Not Lagging in AI Adoption, Says Wipro Chairman Rishad Premji at Davos

• Wipro Chairman Rishad Premji stated at the World Economic Forum in Davos that Indian IT services companies are keeping pace with global peers in AI adoption.
• Premji emphasized that the Indian IT sector has quickly recognized AI's transformative potential and is actively adapting business models to remain relevant.
• He believes AI will lead to a redistribution of work and new opportunities in data, advisory, and model-driven services, rather than job losses or revenue shrinkage.
• Clients are moving from AI experimentation to deploying it in mainstream production environments, though complex, business-wide transformations will take time.
• Premji highlighted enterprise readiness, especially well-curated data and clear understanding of model integration, as crucial for successful AI initiatives.

Why It Matters: Indian IT is actively embracing AI, adapting business models, and sees it as an opportunity for growth and partnership.