While India continues to attract global investors, CEOs in the country remain cautious about challenges such as disruptive technologies, macroeconomic volatility and inflation along with shortage of skilled labour. “For CEOs today, the challenge is to envision the ecosystem in which their company will operate in the future. This includes thinking through the impacts of megatrends like climate change and AI, evolving customer needs, shifting value pools, and the roles that their company will play,” said Sanjeev Krishan, chairperson, PwC in India.
As China and the US companies continue to invest heavily in GenAI, this could have an impact on several countries including India, say industry trackers.