New Delhi, April 23 -- Artificial Intelligence (AI) presents a decisive inflection point for India's massive IT ecosystem, with industry veteran Nilesh Shah warning that it could either unlock unprecedented growth or disrupt a sector that currently contributes USD 350 billion in foreign exchange earnings.

In an interaction with ANI, Kotak Asset Management Company MD, Nilesh Shah underscored the scale of the stakes involved, noting that "either it is opportunity of a lifetime for us or it is a risk of a lifetime," highlighting the dual-edged nature of AI adoption for India's technology sector.

He pointed out that nearly "Four crore Indians directly or indirectly depend upon IT related sector... and collectively they earn 350 billion doll...