We don’t expect big demand for transformation projects: LTIMindtree

LTIMindtree is adjusting to global tariff uncertainties with no major project cancellations, though discretionary spending remains muted. While AI is reducing deal sizes, it is simultaneously enhancing productivity by 25–40%. Venugopal Lambu, chief executive designate, in an interview with Padmini Dhruvaraj, outlined the company’s strategic priorities including sales transformation, cost optimisation, scaling AI services, and a roadmap to target $10 billion in revenue. Excerpts: