The $150 billion IT industry in India might be going through a rough patch with automation and artificial intelligence threatening to take away low level outsourcing jobs. Rising protectionism in the US is not helping the outsourcing industry either. We caught up with IT industry veteran Ashok Soota. He has led Wipro technologies in the early days of the IT boom. He then founded MindTree and later Happiest Minds. This is an opportunity for the industry to move up the value chain, he says. “For larger and older players, there were certain amount of business which was to dribble down. And that has to be replaced and that has to be a challenge,” said Soota, executive chairman, Happiest Minds. Take a look. Subscribe to our FactorDaily Channel: https://goo.gl/QOG5xx Checkout more of Factordaily here: http://factordaily.com/ https://www.facebook.com/factordaily/ https://twitter.com/factordaily