AI is poised to revolutionize India’s economy, contributing trillions of dollars in GDP and
creating millions of jobs in the process. It also offers India a powerful tool to address social
challenges like education, healthcare, and poverty alleviation.
In 2023, India had an installed talent base of 416,000 professionals, responding to the current
demand of approximately 629,000. As AI research, development, and implementation expands, new
jobs are emerging in fields like data science, machine learning, and NLP engineering. According
to McKinsey Global Institute, the future could see up to 90 million new jobs in India by 2030.
By creating a space for qualified talent, the industry’s evolution is complemented by
initiatives from industry and academia to enhance skills and employability, showing immense
promise for the future.
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