This is really good news for Indian as even Indian business are looking to make the most of this technology use.Tech Mahindra has rightly understood the potential of both tech and their future scope.AI and Blockchain both have huge potential to grow in future.100 million investment will not go in vein and will get back with huge return and help them to capture market capital in future.
They are opening the unit in Toronto Canada and what makes you think that it is a good thing for Indian businesses, if they are investing inside the country it could benefit many people, especially students who are interested to learn about it, they are working on AI and block chain and it is the future but it is just a corporate deal and even if they develop a new system you will have to pay to use them, that is what corporate do.