AI squeezes India’s IT giants as their labor model faces a textile style reckoning

Billable hours are shrinking fast, and investors notice

India’s leading IT firms are facing a “textile-style” shake-up as AI disrupts their traditional labor-driven business. Reports point to shrinking billable hours, cooling investor confidence, and a sharp drop in the sector’s market weight on Nifty—now down to 10% over five years—raising fears of a deeper slide.