India alone had 45,000 jobs related to Artificial Intelligence (AI) as of February, with data scientists and machine learning engineers being the most in-demand, a research team said in a newly released report.
TeamLease Digital’s report – ‘Initiative for Critical and Emerging Technologies (ICET) – Forces Shaping Future of Technology AI’ – states that increasing emphasis on scalable ML (Machine Learning) applications is driving the demand for AI professionals skilled in scripting languages Is. It also said that creating traditional ML models would be a primary skill required for a career in AI.
The report highlights the ICET partnership between the US and India by exploring AI development and job opportunities. It should be noted that the intergovernmental initiative was established to strengthen and expand the strategic technology partnership between the two countries, and it pledges cooperation in various technological areas such as AI, quantum technologies, advanced wireless .
According to TeamLease Digital: “Recent budget announcements on the ICET initiative and a great government stimulus in recent years, especially in terms of skilling in new age technologies, create huge potential to benefit from the AI revolution.”
employment opportunities
Amid tech layoffs in India and other parts of the world, the details in the report showed opportunities for job seekers in India. The report identifies a wide range of key jobs in the AI landscape across key industries including healthcare, education, BFSI, manufacturing and transportation.
These job profiles include clinical data analyst, chatbot developer, fraud analyst, industrial data scientist, robotics engineer, edtech product manager, digital imaging leader, etc. According to research by TeamLease Digital, in many technical roles in India, especially freshers can expect salary packages ranging from Rs 10 to 14 lakh per annum.
The report further states that candidates with eight years of experience in relevant fields can earn a high salary of Rs 25 to 45 lakh per annum.
role of the center
The newly released report also highlights a list of government initiatives in the field of AI. This includes collaboration with FutureSkills Prime, MeitY and NASSCOM and National AI Portal, National Program on Responsible Use of AI for Youth, Visvesvaraya PhD Scheme and 25 Technology Innovation Centers in reputed institutions.
“The recent announcements of the Union Budget such as creation of Centers of Excellence for AI to promote interdisciplinary research, develop cutting-edge applications and scalable problem solving in the areas of health, agriculture and sustainable cities, indicate a greater focus on AI and to initiate Creates an outline. The vision is to ‘Make AI in India’ and ‘Make AI work for India’.”
The report further states that to develop a skilled AI talent pool, the Pradhan Mantri Kaushal Vikas Yojana will introduce on-the-job training and courses in emerging technologies such as AI. Additionally, it was highlighted that India can also use its G20 chairmanship and chairmanship of the Global Partnership on AI (GPAI) to advocate for AI innovation and develop a common framework to steer emerging technology. Used to be.
Sunil Chemmankotil, CEO, TeamLease Digital, said: “The AI revolution is changing the job market, creating an urgent need for skilled professionals who can design, develop and implement cutting-edge AI technologies. Fortunately, the Government of India through ICET is taking proactive steps to address this challenge by entering into a bilateral strategic partnership with the U.S. and establishing a Center of Excellence and training initiative.”
Shiv Prasad Nanduri, Chief Business Officer, TeamLease Digital, said: “Developing AI skills can create high paying job opportunities and help individuals stay relevant and adaptable in the ever-changing job landscape. It’s never too late, and investing in AI skills can provide long-term benefits for individuals and their careers.”
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