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flag Zoho CEO blames decades-long inefficiencies, not tariffs or AI, for India's IT sector struggles.

flag Zoho's CEO, Sridhar Vembu, attributes the decline in India's IT sector to long-standing inefficiencies rather than tariffs or AI advancements. flag He argues that these inefficiencies, built over decades, have misallocated talent and affected industries like manufacturing and infrastructure. flag Major IT firms like Infosys, Tata Consultancy Services, and Wipro are facing challenges with weak financial earnings and potential hiring slowdowns, indicating the need for a fresh approach to business strategies. flag Experts predict a tough year ahead, despite some optimism for slight improvement in the next financial year.

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