New Delhi, Oct. 19 -- Nearly four years after ChatGPT ignited the generative artificial intelligence boom, India's top IT leaders remain sharply divided on when-or if-AI-driven revenue deflation will stop eating into their core business."

During their second-quarter earnings announcements, chief executives at four of the country's largest IT services exporters offered conflicting assessments on the trajectory and persistence of AI-led revenue cannibalization.

The lack of consensus highlights a broader structural challenge facing Indian tech services firms. As Fortune 500 clients demand higher productivity through automation, legacy coding, software development, and maintenance contracts are shrinking. This persistent uncertainty-coupled...