NASSCOM Says AI Creates Net Employment and Growth
NASSCOM leaders said on February 24, 2026, at the industry summit that AI’s job-creation benefits will outweigh human and climate concerns. The body projects India’s IT revenue rising 6% to $300 billion in 2026 from $297 billion, and expects AI to be a net hirer with hiring growth of 2.23%, adding 133,000 new employees; markets reacted with Nifty IT falling about 4%.
Key Points
- 1States NASSCOM: AI creates employment at unprecedented scale across countries, despite localized harms.
- 2Highlights that job creation and human-condition improvements outweigh climate and labor-condition concerns.
- 3Implies employers and policymakers should prioritize responsible AI deployment while preparing skilling and safeguards.
Scoring Rationale
Official NASSCOM data and market reaction indicate significant industry relevance, but the update lacks major technical novelty.
Sources
Public references used for this report.
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