Happiest Minds Technologies

The proposed deal would combine two Indian technology services businesses with more than 19,000 employees, giving ITC a 73.4% stake in the merged company.

AI is not eliminating India’s technology services industry—it is bifurcating it. The roles that absorb millions of annual hires are contracting. The roles that govern, challenge, and take accountability are growing in number. Organizations that fail to distinguish between these two trajectories will find the market has repositioned them.