India, Aug. 3 -- Veteran investor Raamdeo Agrawal believes artificial intelligence (AI) could fundamentally reshape India's IT services industry, particularly as businesses increasingly adopt enterprise AI solutions.

Speaking to Moneycontrol about the next phase of AI adoption, Agrawal said the real transformation lies beyond consumer-facing applications.

"The first is consumer AI, which everyone is already experiencing. The second is enterprise AI. That is where the real transformation will happen," he said.

"The question is: how do businesses integrate AI into their operations, and what impact will it have? Much of that implementation work will be done by Indians," he said.

Agrawal noted that AI also raises important questions about...