Addressing shareholders at Infosys’ 45th Annual General Meeting (AGM) on June 23, 2026, Chairman Nandan Nilekani delivered a confident outlook on the company’s future in an AI-driven world. Amidst growing industry debate regarding whether artificial intelligence could render traditional IT services obsolete, Nilekani asserted that the technology acts as a “force multiplier” rather than a disruptor for firms that adapt with purpose and speed.
“AI will not replace companies like ours; it will amplify those who move with purpose and adapt with speed,” Nilekani stated. He argued that while generative AI has captured global boardroom attention, large-scale enterprise adoption remains hindered by a significant “AI deployment gap”. According to Nilekani, closing this gap—which requires rigorous testing, resilient architecture, robust cybersecurity, and stringent data governance—is where the primary opportunity lies for systems integrators.
Infosys is positioning itself to capitalize on an “AI-first” services market estimated to be worth between $300 billion and $400 billion by 2030. Nilekani noted that the AI revolution has created an urgent need for legacy modernization, as companies look to retire decades of technical debt and integrate advanced AI models with mission-critical transaction systems. The company is already collaborating with 90% of its top 200 clients on their AI journeys to facilitate this transition.
Supporting this optimistic outlook, CEO Salil Parekh confirmed that Infosys’ AI services revenue has already crossed the $1 billion mark on an annualized basis and is growing at a rapid pace. Parekh emphasized that productivity gains from AI are increasingly being reinvested by clients into new technology programs, which creates non-linear growth opportunities for the firm.
Despite the macro-level uncertainty and cautious discretionary spending that have impacted overall revenue growth, Infosys remains committed to its talent strategy. The company recruited over 20,000 fresh graduates during fiscal year 2026, maintaining a workforce of more than 325,000 employees to support its evolving service offerings in the AI era.
