Nasscom appoints Fractal cofounder Srikanth Velamakanni as Chairman, aiming to drive AI transformation in service sectors.
Why it matters
This appointment signifies a strategic focus on AI within India's IT industry body, Nasscom. Velamakanni's background in AI and analytics suggests a push towards leveraging AI for significant advancements and competitiveness in India's service sectors, potentially impacting job roles, business models, and technological adoption across the country.
The head of India's tech industry association, Nasscom, is now someone who knows a lot about AI. He wants to use AI to make Indian service companies much better and more modern.
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