{"id":1027929,"date":"2026-08-11T08:39:58","date_gmt":"2026-08-11T03:09:58","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1027929"},"modified":"2026-08-11T09:28:51","modified_gmt":"2026-08-11T03:58:51","slug":"gen-ai-not-an-existential-threat-nuvama-predicts-300-400-billion-market-expansion-for-indian-it-services","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/11\/gen-ai-not-an-existential-threat-nuvama-predicts-300-400-billion-market-expansion-for-indian-it-services\/","title":{"rendered":"Gen AI not an existential threat: Nuvama predicts $300-400 billion market expansion for Indian IT services"},"content":{"rendered":"<p>Indian IT stocks could see a rebound as artificial intelligence (AI) adoption moves from pilot projects to large-scale enterprise deployments. Nuvama Research, remains positive on the IT services sector over the medium to long-term, despite near-term volatility. <\/p>\n<p>After the tech sector delivered stable execution in Q1FY27, Nuvama expects growth momentum to improve in Q2FY27 as well as several large deals enter the ramp-up phase. <\/p>\n<p>\u201cWe do not see any existential threat from Gen AI, but do believe that in the near-term IT Services firms shall face cannibalisation of revenue (which they are facing currently) before they reach inflection point,\u201d Nuvama noted.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian IT stocks could see a rebound as artificial intelligence (AI) adoption moves from pilot projects to large-scale enterprise deployments. Nuvama Research, remains positive on the IT services sector over the medium to long-term, despite near-term volatility. After the tech sector delivered stable execution in Q1FY27, Nuvama expects growth momentum to improve in Q2FY27 as well as several large deals enter the ramp-up phase. \u201cWe do not see any existential threat from Gen AI, but do believe that in the near-term IT Services firms shall face cannibalisation of revenue (which they are facing currently) before they reach inflection point,\u201d Nuvama [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-1027929","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1027929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1027929"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1027929\/revisions"}],"predecessor-version":[{"id":1027959,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1027929\/revisions\/1027959"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1027929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1027929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1027929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}