Mahindra Group CEO Anish Shah: AI Fears Overblown, a Tailwind for IT Services

• Mahindra Group CEO Anish Shah dismisses fears of AI disrupting IT services, calling them "way overblown."
• Shah states that predictions of the "death of the pyramid model" in IT have been exaggerated for 30 years, citing Y2K and blockchain as past examples.
• He views AI as a structural shift creating new growth opportunities, moving client focus from cost reduction to market winning strategies.
• Shah asserts that Indian IT is not unprepared for AI, noting the industry's history of adapting to efficiency gains and new tasks.
• He emphasizes that nimble companies quick to transform will thrive, positioning Tech Mahindra and the Group for AI-led evolution.