HCLTech CEO Urges Indian IT to Embrace AI, Develop Local Models

HCLTech CEO C Vijayakumar has emphasized the urgent need for Indian IT firms to adapt their business models in response to the disruptive impact of artificial intelligence (AI), particularly generative AI, which promises to enhance efficiency and reduce project timelines. He warned that reliance on foreign language models poses geopolitical risks and urged India to develop its own large language models (LLMs) to secure a competitive edge. This shift is critical as the traditional IT service model, mainly serving U.S. clients, becomes outdated. Infosys CEO Salil Parekh echoed these sentiments, stressing the importance of agility and vigilance against complacency in the face of AI advancements. The industry leaders view the development of indigenous AI capabilities as a strategic necessity for long-term growth and independence. Overall, this transformation could position India as a leader in the global tech landscape, reducing dependency on foreign technologies.