AI can’t copy deep enterprise context: Nasscom chief Rajesh Nambiar

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With growth for the IT services industry in single digits and impact of AI tools like Co-work by Anthropic, many are raising existential questions for the industry

Rajesh Nambiar, Nasscom President

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Rajesh Nambiar, Nasscom President

Shivani Shinde Mumbai

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Indian IT services stocks have seen one of their sharpest selloffs in recent days. With industry growth slipping into single digits and the rapid rise of AI tools such as Anthropic’s Co-work, some analysts are raising existential questions about the sector’s future. However, Nasscom President Rajesh Nambiar, in a video interaction with Shivani Shinde, refutes these concerns. Edited excerpts:

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