According to a recent study, technology-related job roles in India are among the most promising for job seekers given that these job opportunities have grown steadily over the past five years (February 2014 to February 2019). Technology job roles increased by an overall 8% between February 2014 and February 2019.
The last year alone (February 2018 to February 2019) saw tech job roles grow by 31%, while job searches for these roles during the same period increased by 8%.
Report data also reveals that 30% of jobs requiring tech skills in India are currently ‘hard to fill’. For instance, roles like database specialist and web administrator are some of the tech jobs that are hard to fill.
The difficulty is the difference in the rate of demand for tech talent and the rate at which tech talent is being made available. Another study showed that 53% of Indian businesses find it hard to recruit because they are unable to find the right talent with the required skill sets.
Talent mismatch, a phenomenon wherein the availability of skilled talent does not meet the requirements of the industry, is prevalent in the technology sector globally.
Indian cities like Bengaluru, Pune, and Hyderabad, which contribute 25%, 9%, and 8%, respectively, to tech jobs in the country have trouble finding the right talent.
Over 50% of jobs posted in the sector require applicants to be skilled in Java programming.
An industry expert said that job profiles are evolving and changing at a pace that can be matched by talent, provided they acquire the requisite skills. Job seekers, therefore, must continuously upskill themselves in order to enhance their career prospects for the long run.
Furthermore, companies can look at taking the initiative towards providing their employees the requisite skills to ensure their relevance in the evolving technology landscape.
OpenGov reported earlier that IoT and AI-based applications could create over 2.8 million jobs in rural India over a period of 8 to 10 years with an annual value of IN ₹60,000 crores (about US $8.9 billion).
A study said that out of the 2.8 million jobs, at least 2.1 million will be created for the agriculture sector and another 700,000 jobs will be created for the rural healthcare sector.
The study was conducted by the Broadband India Forum (BIF), a think tank for Digital Transformation in consultation with the Electronics Skill Council of India, Agriculture Skill Council of India and the Healthcare Sector Skill Council.
AI is likely to more than double the rate of innovation and employee productivity in India by 2021. Although only one-third of organisations in India have adopted AI tech, these companies expect it to increase their competitiveness by 2.3 times in 2021. This is according to the study that surveyed 200 business leaders and 202 workers in the country.
For organisations in India, the top reasons for adopting AI were higher competitiveness (24% of respondent chose it as number one driver), accelerated innovation (21%), better customer engagement (15%), higher margins (14%) as well as more productive employees (9%).
