{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Daybreak","title":"IBM, Infosys, and Wipro entered Kochi. Only one emerged unscathed","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/5a801225\"></iframe>","width":"100%","height":180,"duration":721,"description":"At Kochi's Infopark, two models of the IT industry sit 500 metres apart. \nInfosys and Wipro: sprawling campuses, thousands of engineers, margins built on scale. \nIBM: a smaller hub, senior-heavy teams, focused on enterprise AI. Same city, completely different bets on the future.\nIndia's IT giants are expanding into tier-2 cities because they're cheaper. \nBut 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.\nSo what does Kochi reveal about where Indian IT is actually headed?\nDaybreak 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.","thumbnail_url":"https://img.transistorcdn.com/uPitovxKRYBGX6AWg9UrET6s3nAdkS-Ci9uZvsZj7vk/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS85ODhl/ZWM4NmEwZTcxZjZk/MDRlYjAzNTNkMjJi/ZGQ2YS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}