With all the infrastructure being outsourced to the cloud and being managed by super small teams and highly efficient algorithms half of the business of Indian IT has stopped growing.
On the other hand you have companies like IPSoft which automate monitoring your own infrastructure.
The third blow is from things like Salesforce etc.
Altogether it could be a bit of a major blow to growth in Indian IT. Because it never really competed on technical strength but only on cost . Now all the low cost work is vanishing and they're forced to somehow transition to 100 % dev work with the poor quality of devs they have (on average) .
The article is a bit poor as it doesn't shed light on these aspects.
We definitely need better articles on this subject as it's effects on India are going to be huge.