Coforge CEO says India’s IT services industry still has room to grow despite its reputation
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Summary: Coforge CEO says India’s IT sector must adapt to change, with growth still ahead.
India’s IT services industry often gets pigeonholed as a slow-moving space that mostly delivers contract coding or project work. But Coforge — one of the country’s prominent mid-tier IT firms — sees things differently. In a recent interview, its CEO Sudhir Singh made the case that the sector is far from done evolving and still has plenty of runway ahead, even as global demand shifts and technology priorities change.
Singh’s message is simple: India’s strength in talent and global delivery doesn’t automatically translate to future success unless companies keep adapting. Those days when the industry could thrive mainly on labour arbitrage and legacy contracts are fading.
Clients today want deeper technical expertise, faster problem-solving and partners who can help them compete with digital natives. That means shifting from being a low-cost back-end provider to a trusted technology advisor that can tackle cloud transformation, cybersecurity, generative AI and automation.
For Coforge specifically, this shift is more than just words. The company has been investing in higher-value offerings such as digital engineering and artificial intelligence integration, betting that future growth won’t come from traditional outsourcing but from services that help clients re-architect their digital core. According to Singh, these aren’t just buzzwords — they reflect what large enterprises are willing to pay a premium for.
Singh also touched on the global market mix, noting that while the U.S. and Europe remain key for Indian IT firms, newer markets are starting to matter more. Southeast Asia, parts of Africa and even Latin America are opening up as companies in those regions look for technology partners who can deliver end-to-end transformation at scale.
There’s also a clear emphasis on talent. With widespread use of generative AI and automation tools in software development, Coforge and others are rethinking how they build teams. The CEO believes that learning agility — the ability of engineers to pick up new skills fast — is becoming just as important as traditional experience.
What emerges from Singh’s comments is a picture of an industry in transition — not fading, but reinventing itself. If Indian IT companies manage that shift well, they could stretch their relevance far beyond the traditional outsourcing playbook and into the future of global enterprise technology.
