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Nasscom US CEO Forum highlights AI opportunities for India

Industry leaders discussed AI's transformative impact on India's technology services sector and future growth opportunities.

 US CEO Forum US CEO Forum / X/ IndiainNewYork

India's technology services industry is expected to remain a key driver of global enterprise transformation in the artificial intelligence era, with industry leaders emphasizing that AI will reshape service delivery rather than diminish the sector's relevance.

The outlook was discussed at the Nasscom US CEO Forum held at the Consulate General of India in New York City.  The forum brought together Governor Matt Meyer, Secretary Charuni Patibanda-Sanchez, and CEOs of leading Indian technology companies operating in the United States. 

Participants said AI is creating new opportunities in enterprise modernization, data management, AI governance, cybersecurity and intelligent operations, even as automation streamlines routine and repetitive tasks.

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Ravi Kumar S, chair of the Nasscom US CEO Forum, said enterprises are moving beyond AI experimentation and now face the challenge of deploying AI effectively in complex business environments.

"The next phase of AI is not about experimentation alone. Enterprises now need to convert AI capability into production value. That requires data readiness, workflow redesign, secure deployment, governance and change management. These are areas where Indian technology services companies have deep experience and a strong opportunity to lead,” Kumar said.



According to Nasscom, nearly 25 percent of technology services companies have already moved AI projects from pilot stages into production. The industry currently generates an estimated $10 billion to $12 billion in AI services revenue and has more than 2 million AI-skilled professionals, including up to 200,000 with advanced AI capabilities. Around 85 percent of technology service providers now operate agentic AI platforms.

Nasscom president Rajesh Nambiar said global enterprises will continue relying on specialized technology partners to implement AI responsibly while integrating models, applications, cloud infrastructure, cybersecurity and regulatory compliance into scalable operating systems.

The industry body estimates agentic AI could unlock an additional $300 billion to $400 billion in addressable spending for technology services by 2030 across areas including legacy modernization, AI operations, governance and cybersecurity.

Nasscom said future industry growth will increasingly depend on AI platforms, proprietary solutions, domain expertise and outcome-based delivery models rather than linear workforce expansion, requiring continued investment in advanced AI skills, cybersecurity and responsible AI practices.

Discover more at New India Abroad.

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