infosys: Servicing the product economy: Indian IT firms eye AI to bridge market cap gap with global leaders

In the past year, the stock of India’s largest software services firm, Tata Consultancy Services (TCS), has surged by 25.5% to Rs 4,495.30. Meanwhile, Infosys, the second-largest software exporter, has seen a 29.5% increase. HCLTech has delivered 40% returns to its investors, Wipro 21.5% and Tech Mahindra has risen by 29.9%. The BSE IT index rallied by 32.2%. In comparison, the Nasdaq 100 Tech index (NDXT) rose by 25.8%.Global tech giants such