Infosys CEO Salil Parekh: AI to Drive Growth Amid Tech Headwinds, Stronger FY25 Outlook

• Infosys CEO Salil Parekh expects AI-led opportunities to drive significant growth, outpacing current tech sector pressures.
• The company anticipates a stronger financial year ahead, fueled by momentum in financial services, energy, and utilities.
• AI is a major revenue source, with Infosys identifying six multi-year growth areas and engaging over 90% of top clients in AI programs.
• AI tools are making previously unviable projects feasible by reducing time and costs in software development and legacy modernization.
• Despite potential revenue compression in some traditional areas, Infosys believes AI-driven growth will outweigh these impacts.

Why It Matters: Infosys sees AI as a key growth driver, with a positive outlook for the next financial year despite industry challenges.