Shravan Shetty, Managing Director at Primus Partners, shares his view that the rise of GCC centres and hyperscalers offering value-added solutions is shrinking the technology opportunity available to traditional IT players, which may be contributing to the sector’s stock decline.
He highlights that innovative firms with differentiated models — especially those aligned with India’s push to build AI-led, India-specific technology and data-center capabilities — are likely to perform better going forward.