Ashlee Vance: AI Agents Threaten India's Outsourcing Core as New Hard-Tech Startups Rise

kyliebytes · x · 2026-10-22

Ashlee Vance's Core Memory piece kicks off a series on India's tech scene. Core thesis: AI coding and customer-service agents threaten the software outsourcing, services, and call-center businesses that power Hyderabad and India's tech economy, contributing to a steep year-long decline in Indian tech stocks. Hope now rests on a new generation of hardware startups—Ather, Airbound, Alteon, Aspera Industries—building machines unlike anything made elsewhere, which optimists believe can turn India into a true hard-tech innovator.

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