The $245-billion Indian IT industry is witnessing a churn in its C-suites as LTIMindtree grooms two insiders for the CEO job. This succession plan comes at a time when the industry is facing challenges such as weak client demand, inflationary pressures, and global macroeconomic uncertainty. As the industry evolves, LTIMindtree aims to strategically position itself by appointing leaders who understand the internal workings of the company. With this move, LTIMindtree hopes to navigate through the changing landscape and come out stronger in the highly competitive IT industry.