Future of Jobs in India by 2030
According to 'Future of Jobs 2025' report by the World Economic Forum (WEF), several factors will influence the future of jobs in India:
- Increased Digital Access
- Geopolitical Tensions
- Climate-Mitigation Efforts
These elements will be pivotal in shaping employment and skills demand in the coming years.
Key Trends and Investments
Indian companies are heavily investing in new technologies:
- Artificial Intelligence (AI)
- Robotics
- Autonomous Systems
As a result, job roles such as Big Data specialists, AI and machine learning experts, and security management professionals are projected to grow rapidly.
Shift in Hiring Practices
To meet talent needs, Indian organizations are:
- Hiring from diverse talent pools.
- Adopting skills-based hiring approaches by removing degree requirements.
AI Adoption and Training
Highlights from the report include:
- 96% of Indian organizations are implementing AI programs, compared to 88% globally.
- India and the US lead in generative AI training enrollments on platforms like Coursera.
Corporate sponsorship greatly enhances GenAI training uptake.
Technological Transformation
Indian employers expect significant shifts in operations with:
- 35% prioritizing semiconductors and computing technologies.
- 21% focusing on quantum and encryption technologies.
Skill Evolution by 2030
By 2030, it is anticipated that:
- 38% of workers' core skills in India will evolve.
- This is slightly lower than the global forecast of 39%.