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Fund managers Rajeev Thakkar and Sankaran Naren back Indian IT as AI fears fade
Economy
Published on 10 May 2026
They call valuations contrarian but see adaptation and AI demand ahead
Veteran fund managers Rajeev Thakkar and Sankaran Naren say some Indian IT stocks look attractive even as AI disruption worries persist. Naren frames the move as a contrarian bet on valuations, while Thakkar argues Indian firms have repeatedly adapted to technology shifts. He also suggests AI could boost productivity and expand end demand for services.
- Thakkar and Naren see selective value in Indian IT despite AI disruption fears
- Naren highlights contrarian valuations with real but manageable risks
- Thakkar points to IT firms’ past adaptability to tech change
- AI productivity gains could broaden demand for services
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times