INDIA'S DIGITAL ECONOMY is advancing at an extraordinary pace, driven by cutting-edge technologies like AI, robotics, and Industry 4.0. As the nation moves towards an AI-powered future, it's essential to focus on hiring, upskilling, and reskilling the workforce to maintain a competitive edge in the global landscape. From AI and cloud computing, to deep tech and robotics, the demand for specialised skills is growing exponentially.
The Changing Hiring Landscape
India is experiencing a dramatic shift in hiring practices as the demand for technical skills surges. More than ever before, companies are prioritising skill-based hiring, with 68% of recruiters focussing on abilities rather than traditional qualifications. This trend is most evident in emerging fields like AI, ML, cybersecurity, and cloud computing. For example, between 2022 and 2023, AI and ML job postings in India rose by 74%, reflecting the massive growth of these sectors.
As industries increasingly adopt AI, robotics, and cloud computing, the demand for specialised talent is skyrocketing. The cloud market in India is expected to reach $13 billion by 2026, leading to a surge in demand for cloud architects and engineers. Similarly, cybersecurity roles are growing rapidly due to heightened cyber threats, especially in industries like BFSI and e-commerce.
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