NASSCOM Says AI Creates Net Employment and Growth

NASSCOM leaders said on February 24, 2026, at the industry summit that AI’s job-creation benefits will outweigh human and climate concerns. The body projects India’s IT revenue rising 6% to $300 billion in 2026 from $297 billion, and expects AI to be a net hirer with hiring growth of 2.23%, adding 133,000 new employees; markets reacted with Nifty IT falling about 4%.