New research by Amazon Web Services (AWS) reveals that in India, employees equipped with AI skills could potentially receive salary increases exceeding 54%. Among them, those in IT (65%) and research and development (62%) sectors stand to gain the most.
On top of significant salary increases, 97% of workers in India expect their AI skills to have a positive impact on their careers, including increased job efficiency and career advancement.
- 95% of workers in India indicated a keen interest in developing AI skills to accelerate their careers, and this interest transcends generations.
- 95% of Gen Z, 96% of Millennials, and 93% of Gen X workers want to acquire AI skills, while 90% of baby boomers — a demographic usually contemplating retirement — say they would enrol in an AI upskilling course if it was offered.
Amit Mehta, Head of AWS Training and Certification, AWS India Private Limited said, “Generative AI offers an unprecedented opportunity to transform businesses across India, and this research shows that AI skills are imperative for the future workforce.”
“From financial services to construction and retail, industries are embracing AI at a rapid pace, which is why an AI-skilled workforce is essential to unleashing a culture of innovation and driving productivity in India, aligning with the government of India’s IndiaAI Mission,” Amit Mehta added.
The research also found that the productivity payoff from an AI-skilled workforce could be immense for India:-
- Surveyed employers expect their organisation’s productivity to increase by 68% as AI technology automates repetitive tasks (71%), encourages learning of new skills (68%).
- The improves workflow and outcomes (64%).
- Workers believe AI could raise their efficiency by as much as 66%.
The research reveals a looming AI skills gap which must be bridged to ensure India is well-positioned to unlock the full productivity benefits of AI.
- The hiring AI-skilled talent is a priority for more than nine in ten (96%) employers in India, of which 79% can’t find the AI talent they need.
- The research also uncovers a training awareness gap, whereby 91% of employers indicated that they don’t know how to run an AI workforce training program.
- Meanwhile, 86% of workers said they aren’t sure about relevant career paths where AI skills are useful.
In order to gain deeper insights into the evolving trends of AI utilization and the skill requirements in workplaces, AWS enlisted Access Partnership to undertake a regional study titled “Accelerating AI Skills: Preparing the Asia-Pacific Workforce for Jobs of the Future.” The study surveyed over 1,600 workers and 500 employers in India.
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