India, Aug. 2 -- India's technology sector may be gaining productivity through artificial intelligence, but it is struggling to create enough jobs for the country's growing young workforce. A prominent industry leader has warned that money once reserved for hiring employees is increasingly being spent on AI infrastructure and data centres.

(Also read: Zoho's Sridhar Vembu says AI is the 'only technology that will matter', sparks discussion)

Zoho founder Sridhar Vembu shared his concerns in a detailed post on X, highlighting the challenges facing the IT industry and the wider economy.

"The real issue facing our nation is how to create jobs for our massive cohort of youth in this very uncertain global landscape. Sadly, the IT industry, i...