Because They are just copy paste companies, they can't build a thing.
R&D investment by IT companies
-TCS: 1.1% – 1.3%
-Infosys: 0.62% – 0.71%
-HCLTech: 0.50% – 0.55%
-Wipro: 0.30% – 0.45%
-LTIMindtree: 0.25% – 0.35%
-Tech Mahindra: 0.20% – 0.30%
-Persistent Systems: 0.70% – 0.90%
-Mphasis: 0.25% – 0.35%
-Oracle Financial Services Software (OFSS): 1.5% – 2.5%
-KPIT Technologies: 3.0% – 4.5%
Why are Indian IT companies incompetent to build AI models?
Everyone is questioning Modi Govt instead of questioning our IT cos.