India’s information technology (IT) sector is projected to reach $400 billion by 2030, led by firms delivering domain-specific automation that outperforms traditional service models on speed, quality, and cost, a report said on Tuesday.

The country’s strong talent pool, global client trust, and cost efficiency will enable it to leverage the increased global demand for AI-driven solutions, a report by venture firm Bessemer Venture Partners indicated.

AI is automating tasks previously performed by humans and disrupting the billable-hour model that supports traditional Indian IT services, which makes deep strategic pivots crucial to stay competitive, the report noted.

The venture firm mentioned that agile, AI-native challengers are adapting more quickly to such changes than incumbent compa

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