IBM, Infosys, and Wipro entered Kochi. Only one emerged unscathed

About this episode

The episode discusses the contrasting strategies of IBM, Infosys, and Wipro in Kochi's IT landscape and the implications for the future of Indian IT.

At Kochi's Infopark, two models of the IT industry sit 500 metres apart. Infosys and Wipro: sprawling campuses, thousands of engineers, margins built on scale. IBM: a smaller hub, senior-heavy teams, focused on enterprise AI. Same city, completely different bets on the future. India's IT giants are expanding into tier-2 cities because they're cheaper. But AI is quietly making the old logic — hire more, deliver at scale — look like the wrong answer. Infosys and Wipro's stocks have nearly halved since 2021. IBM's has doubled. So what does Kochi reveal about where Indian IT is actually headed? Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

People in this episode

Host: The Ken

Topics covered

• IT industry
• AI
• business expansion
• stock performance
• tier-2 cities

Keywords

• IBM
• Infosys
• Wipro
• Kochi
• AI
• IT industry
• business news

Mentioned in this episode

Organizations: IBM, Infosys, Wipro

Places: Kochi, Infopark, India

More episodes of Daybreak

• Can Adani do with apples what Mahindra did with grapes? · June 12, 2026 · 14 min
• India's mango paradox · June 10, 2026 · 12 min
• Analysts say gas prices are about to crash. India still can't afford to celebrate · June 10, 2026 · 14 min
• LIC has lost its throne to SIPs. It’s still the smartest investor in the room · June 9, 2026 · 10 min
• NEET’s switch from pen-and-paper to computer: damned if you do, damned if you don’t · June 7, 2026 · 11 min
• Why Big Tech is tokenmaxxed out · June 4, 2026 · 12 min