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The $115 Billion Reckoning: Why India's Tech Giants Are Bleeding in the AI Era

The End of the Labour Arbitrage Era India's IT services sector, once an unstoppable engine of economic growth, is facing a structural crisis. In the last year, the Nifty IT index has plummeted nearly 20%, erasing an estimated $115 billion in market capitalization. The culprit? The rapid, ruthless
Paramdeep Singh 27 Apr 2026
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