New Delhi.The World Economic Forum (WEF) released a comprehensive research report on Wednesday, outlining the key factors that will shape India’s job market by 2030. The study highlights geopolitical tensions, climate change mitigation efforts, and technological advancements as significant drivers. Indian businesses are ready to make substantial investments in robotics, autonomous systems, and artificial intelligence (AI), which are expected to reshape the job market. According to WEF’s “Future of Jobs 2025” report, sectors like Big Data specialists, AI and machine learning specialists, and security management specialists are expected to see the fastest growth in India. These fields are poised to dominate the employment landscape as industries continue to adopt emerging technologies. The report also noted that 67% of companies in India are prioritizing diverse talent, significantly higher than the global average of 47%. Additionally, 30% of companies are shifting towards skills-based hiring practices, eliminating the requirement for specific degree qualifications, compared to the global average of 19%.
Growth in AI and Robotics Sectors
The report also highlighted key trends shaping India’s future workforce, including increased digital access, geopolitical tensions, and climate mitigation efforts. Similar to their global counterparts, Indian companies are investing heavily in AI, robotics, autonomous systems, and energy technologies. Notably, 35% of Indian employers expect operational changes driven by semiconductor and computing technologies, while 21% anticipate success in quantum computing and encryption.
In line with these technological advancements, 96% of Indian organizations have already implemented AI programs, surpassing the global average of 88%. The demand for AI skills has surged, with India and the US leading the way in generative AI training enrollments on platforms like Coursera. Corporate sponsorship is playing a key role in driving participation in these programs.
Insights from Over 1,000 Companies
The research is based on insights from over 1,000 companies that collectively employ more than 14 million people worldwide. These companies shared their views on the evolving job market, changing skill requirements, and workforce strategies they are adopting to stay ahead of the curve. The WEF report sheds light on how India’s job market is evolving, driven by technological innovations and changing workforce demands. As Indian businesses increasingly embrace new technologies, the job market is set for significant transformation.
