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Automation to take away 40% existing jobs in next 5 yrs: PepsiCo India CEO

Shivakumar Dega said jobs that are repetitive will be taken over by technology in the coming years

WEF India, WEF, World Economic Forum, Dharmendra Pradhan, Pradhan
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(Photo courtesy: Twitter/@dpradhanbjp)

Sahil Makkar New Delhi
Indian industry experts predict that technology will take away over half the jobs that are repetitive and don’t add value in the next five years.

“We have to create jobs and skilling is one route and there are other routes as well. Today technology is impacting anything which is a standardised job. A job that is repetitive and doesn’t add any value is being taken over by technology,” said Shivakumar Dega, chairman and Chief Executive Officer, India Region, PepsiCo India Holdings Pvt. Ltd.

He was speaking during a panel discussion at India Economic Summit, organised by the World Economic Forum