Indian IT Adapting Well to AI Shift, Says Wipro's Rishad Premji at WEF Davos

• Rishad Premji, Wipro's Executive Chairman, stated that Indian IT firms are adapting quickly to AI, keeping pace with global peers.
• He emphasized that client discussions are shifting from AI experimentation to real-world deployments, indicating a positive trend.
• Premji views AI as a significant growth driver, opening new opportunities in advisory, data, AI models, and large-scale delivery, rather than a threat.
• He addressed concerns about job losses and revenue pressure, suggesting AI will lead to a redistribution of roles and more productive work, not necessarily fewer jobs or lower revenues.
• While AI adoption is moving from pilots to production, Premji noted it's still in early stages, primarily used for simpler tasks but gradually integrating into core business processes.

Why It Matters: Indian IT is rapidly embracing AI, moving from experimentation to deployment, and sees it as a growth opportunity.