
Summary:
Artificial Intelligence (AI) is set to revolutionize India’s workforce and economy by 2030, according to an Ernst & Young report. Generative AI (GenAI) could impact 38 million jobs, increasing productivity in both organized and unorganized sectors. Many tasks across industries will be automated or enhanced by AI, especially in IT, healthcare, and customer services, offering opportunities for workforce upskilling.
India faces skills shortages and data readiness challenges, but these offer opportunities to strengthen its AI ecosystem. Only 3% of businesses are fully AI-ready, showing potential for growth with investments in training, partnerships, and AI policies. By focusing on governance, infrastructure, and research, India can address these gaps. As AI adoption increases, India can become a global hub for AI talent.
Source: IBEF
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