If you believe Indian IT firms will create jobs, you must be dreaming: Ex-HCL CEO

Mansi Agarwal, Published on Feb 16th, 2026

If you believe Indian IT firms will create jobs, you must be dreaming: Ex-HCL CEO

HCLTech ex-CEO Vineet Nayar said Indian IT firms "are going to be profit-driven and therefore if you believe that they're going to create employment, you must be dreaming". He stated that employment in the age of AI will come from mass-scale startups. He added that the focus should be on creating new people who are trying to solve new problems.

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