After nearly two years of relentless underperformance, India's information technology sector could finally be approaching an inflection point. While concerns over artificial intelligence have weighed heavily on valuations, Vikas Khemani from Carnelian Asset Management believes the pessimism has become excessive and that the sector now offers an attractive long-term opportunity.
Speaking to ET Now, Khemani argued that AI is transforming the technology landscape but is unlikely to diminish the relevance of IT services. Instead, companies that adapt quickly are likely to emerge stronger over the coming years.
