Indian IT (GenAI) Quarterly Report

FY25 Q2 results for Indian IT are finally out—and we have some interesting observations. 

Good News: Indian IT is aggressively integrating generative AI into its services, with TCS reporting over 600 GenAI engagements, a significant increase from close to 270 last quarter. “Last quarter, we had eight engagements that went into production. And this quarter, we have almost 86 engagements going into production,” shared TCS chief K Krithivasan, saying it's a sign of maturity. 

Meanwhile, Infosys is deploying small language models, and multi-agent solutions, embedding GenAI into nearly every client engagement. “Generative AI is now a part of everything we do—any large program, transformation, or cost-efficiency initiative—it is becoming crucial to almost every deal,” said Salil Parekh, CEO and MD at Infosys, when asked about generative AI revenue.