Archive · 18 Jul 2026
Anand Mahindra: AI to Boost IT Services
Anand Mahindra, the chairman of Tech Mahindra, recently spoke at the company's annual meeting.
He said that artificial intelligence (AI) will not weaken India's IT services industry but will instead create new growth opportunities.
Mahindra explained that every big technological change has made people worry about jobs and industries, but he believes IT services will become even more important with AI.
He said AI is now a key part of how companies work, serve customers, and make decisions.
Many businesses still use old systems and have complex challenges, so they need help from IT service providers like Tech Mahindra to use AI effectively.
Mahindra also mentioned that Tech Mahindra has been doing well, with good growth and big new deals.
He thinks India should not just use AI made by others but should also create and develop its own AI solutions.
This will help IT companies play a bigger role in the future digital economy.
Anand Mahindra believes AI will create growth opportunities for India's IT services industry.
AI is becoming central to business operations, customer service, risk management, and decision-making.
Many enterprises need help integrating AI due to legacy systems and complex challenges.
Tech Mahindra has maintained growth momentum with margin expansion and $1B+ deals in successive quarters.
India should focus on becoming a creator and developer of AI solutions, not just a consumer.
- Who
- Anand Mahindra, Chairman of Tech Mahindra
- What
- AI will enhance, not replace, IT services
- When
- During Tech Mahindra’s 39th annual general meeting
- Where
- At the annual general meeting
- Why
- To address concerns about AI's impact on the IT services industry and highlight growth opportunities
- Speaker
- Anand Mahindra
- Event
- Tech Mahindra’s 39th annual general meeting
- AI Role
- Central to operations, customer service, risk management, and business decisions
- Company Performance
- Margin expansion for ten consecutive quarters, $1B+ deals in successive quarters
- AI Models
- Frontier AI models as strategic assets
- India's AI Goal
- Become a creator, developer, and trusted user of AI solutions