Demand for Indian AI talent to double by 2027 but quality a hurdle: Report

It proposes industry-academia-government collaboration to improve skilling around AI

Less than two years since generative artificial intelligence (GenAI) came to the market, organisations are discovering that instead of automating away jobs, the technology is boosting workers' performance. That's one of the key findings of Freshworks
Representative Picture
Raghav Aggarwal New Delhi
2 min read Last Updated : Aug 20 2024 | 5:47 PM IST

Don't want to miss the best from Business Standard?

The demand for Indian Artificial Intelligence (AI) talent is likely to jump to 12,50,000 in 2027 from 600,000-650,000, but there is a need to improve the quality of these professionals to meet the demand, a report released on Tuesday said.

It added that there is a "pressing need to cultivate a highly skilled AI workforce to propel the country's digital economy."

According to the "Advancing India's AI Skills: Interventions and Programmes Needed" report released by Deloitte India and Nasscom, two out of three Indians plan to learn at least one digital skill. AI and Machine Learning were the top such skills.

The report stated, "Despite growing AI adoption across industries, the shortage of qualified professionals could slow innovation and growth."

It added that by 2027, the AI market is expected to grow at 25-35 per cent, "potentially signalling a demand-supply gap in the talent pool and a need for upskilling existing talent."

"By reskilling the existing workforce and fostering new talent through robust government-academia-industry collaboration, we can ensure a steady pipeline of professionals ready to lead AI-driven innovation," said Sathish Gopalaiah, President, Tech & Transformation, Deloitte South Asia.

The report suggested that there should be collaboration between industry and academia, and they must develop a skill pipeline. Under this, they must integrate foundational AI coursework into academic programmes and establish training programmes relevant to the industry.

It added that industry stakeholders must develop and implement comprehensive skilling pathways that address both foundational and advanced AI skills, including a mix of theoretical knowledge and practical applications through courses, workshops, hackathons, and internships.

"By fostering collaboration between industry, academia, and government, India’s tech sector can not only meet the rising demand for AI expertise but also lead the global AI revolution," said Sangeeta Gupta, Senior VP & Chief Strategy Officer, Nasscom.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Artificial intelligenceTechnologyIT Industrytech talent

First Published: Aug 20 2024 | 5:33 PM IST

Next Story