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The Economic Times
The Economic Times
Nandini Sanyal

AI will expand opportunities for Indian IT; luxury housing demand remains strong: BofA Securities

Artificial intelligence may be creating concerns around job displacement and pricing pressure in the IT services industry, but the bigger picture remains positive, according to Kunal Tayal, Director, Equity Research at BofA Securities.

Speaking to ET Now, Tayal said AI is likely to create new revenue opportunities for Indian IT services firms over the next few years, even as the industry navigates a transition period marked by changing client expectations and evolving technology adoption patterns.

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