Topics In Demand
Notification
New

No notification found.

Advancing India’s AI Skills: Interventions and Programmes Needed

August 19, 2024 21410 0 Data Science & AI Community Talent & Skills

Advancing India’s AI Skills: Interventions and Programmes Needed

The Indian AI market, particularly software and services market, is projected to grow at 25-35% CAGR through 2027, partly supported by the emergence of Generative AI, which has further triggered the need for relevant AI skills in the market. This study “Advancing India’s AI Skills: Interventions and Programmes Needed” presents a point of view on planning current and future AI roles within the larger organizational structure, approaches to develop requisite skills in India while learning from such global endeavors, and recommendations for nation-wide AI skilling interventions.

21410

0

Download

Key Highlights

Indian AI market is growing and AI skilling is top priority for the industry and the nation–

  • Indian AI talent pool is expected to grow from 600k –650k to over 1.25 Mn by 2027, at a 15% CAGR.
  • Indian AI market is expected to grow at a rate of 25% –35%during this time, potentially signalling a demand-supply gap in the talent pool.
  • With Gen AI emergence, majority Indian IT services companies have trained large segments of their workforce on base Gen AI skills.

 

India’s tech providers are actively partnering with government skilling initiatives –

  • Tech providers have also partnered with many state and central government missions on AI skilling
  • MeitY has planned several interventions to develop an AI-ready talent pool
  • The Ministry of Skill Development and Entrepreneurship (MSDE) has also collaborated with tech companies to empower India’s workforce with future-ready skills and democratise access to AI skills nationwide

 

Leading industry players are reimagining internal skilling programs across the full stack of AI and tech skills –

  • Providers are rethinking basic to advanced AI skills and domain-specific expertise
  • Foundational skills such as problem-solving capabilities, critical thinking and social skills are also in focus
  • Leading players are thinking tiered skilling across various levels based on relevance in time, AI usage, and technical expertise level of an employee
  • Skilling interventions with the collaborative effort of industry, governments, and academia can be planned at a large scale

 

Global nations and India are stepping-up their AI skilling programs

  • Europe, USA, South Korea, Finland, Singapore, countries in the Middle East are all developing holistic programs to skill their workforce and citizens
  • To advance India’s AI skilling while retaining it’s pole position as the nation with highest AI skill penetration, focus has to be on upskilling through active industry-academia collaboration, specialized training programs, online coursework, and dedicated data and AI labs across the country.

 

 

For a detailed read, download this free report.

Community by nasscom Insights is focused on building the largest online community catering to the Indian technology sector. The purpose of the community is to bring the latest trends and discussions onto a single platform. Our passion for tech drives the free-flowing exchange of ideas and visions from industry leaders and game-changers across India.



LATEST REPORTS

© Copyright nasscom. All Rights Reserved.