ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Indian workers lead Global South in adapting to AI and tech revolution

The findings reveal that over 70 per cent of Indian professionals are actively pursuing opportunities to upskill, a figure that reflects the nation's readiness to embrace a rapidly evolving job market.

ANI Dec 09, 2024 13:09 IST googleads

Representative image

New Delhi [India], December 9 (ANI): A report released at the Global Labor Market Conference (GLMC) has spotlighted India's leadership in workforce adaptability, highlighting its proactive efforts to address the challenges posed by artificial intelligence (AI), machine learning, and automation.
Titled 'Navigating Tomorrow: Mastering Skills in a Dynamic Global Labor Market', the report positions India as a pioneer in skill development and a key player in the Global South's adaptation to the technological revolution.
Indian workers lead Global South in adapting to AI. This commitment places Indian workers at the forefront of technological adaptation and innovation, showcasing their role as global leaders in workforce transformation.
The report notes that Indian workers exhibit a relatively high level of trust in their government's ability to support upskilling initiatives.
While global confidence in governments remains low at 20 per cent, 31 per cent of Indian respondents expressed trust, surpassed only by Saudi Arabia at 35 per cent.
Similarly, 49 per cent of Indian respondents reported trust in businesses to facilitate workforce development, underlining the critical role of the private sector.
The urgency to reskill due to technological advancements is evident, with 55 per cent of Indian workers concerned about their skills becoming obsolete within the next five years. This aligns with global trends observed in Brazil (61 per cent) and China (60 per cent) but is higher than in developed markets like the UK (44 per cent) and Australia (43 per cent).
Climate change is emerging as a significant motivator for skill development in India. The report highlights that 32 per cent of Indian workers identified climate change as a factor influencing their reskilling decisions over the next five years.
This trend aligns closely with countries like China (41 per cent) and Vietnam (36 per cent) but is less pronounced in nations such as the US (18 per cent) and the UK (14 per cent).
Despite their proactive approach, Indian workers face notable barriers to upskilling. The report identifies lack of time (40 per cent) and financial constraints (38 per cent) as primary challenges. These obstacles mirror those faced by workers in Brazil and South Africa but are less prevalent in developed economies like Norway and the UK, where stronger institutional support systems provide greater access to training opportunities.
Indian workers and their counterparts in the Asia-Pacific region are prioritizing cognitive skills (54 per cent) and STEM capabilities (38 per cent) as essential for thriving in a technology-driven economy.
This focus contrasts with service-oriented economies such as the US and the EU, where socio-emotional skills are more highly valued.
India's workforce demonstrates a balanced approach to adapting to an AI-driven future. The report notes that 55 per cent of Indian workers are prioritizing upskilling in the next five years, surpassing figures in developed markets like the US (51 per cent) and the UK (44 per cent).
Additionally, only 26 per cent of Indian respondents expressed anxiety about job automation, compared to 36 per cent in China, indicating a more optimistic outlook among Indian professionals. (ANI)

Get the App

What to Read Next

Business

Piyush Goyal meets global industry leaders to deepen trade ties

Piyush Goyal meets global industry leaders to deepen trade ties

The meetings were inclined towards bolstering India's manufacturing capabilities and deepening its integration into global supply chains. The discussions focused on expanding investment partnerships and enhancing India's role as a critical hub in the Indo-Pacific region.

Read More
Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

Govt Urges Citizens to Avoid Panic Booking

Govt Urges Citizens to Avoid Panic Booking

Amid global energy disruptions following the closure of the Strait of Hormuz, the government has assured that the domestic supply of LPG, petrol, diesel, kerosene, and natural gas remains stable, while citizens are urged to avoid panic booking and conserve fuel, said Sujata Sharma, Joint Secretary of the Ministry of Petroleum and Natural Gas, today.

Read More
Business

India Emerging as Stable Investment Anchor in Turbulent Global

India Emerging as Stable Investment Anchor in Turbulent Global

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

Read More
Business

India pushes for green ship recycling, euro-compliant yards

India pushes for green ship recycling, euro-compliant yards

India is rapidly expanding its ship recycling sector and upgrading shipbreaking yards to meet European environmental standards, as part of a broader effort to strengthen its maritime industry and reduce logistics costs, Sushant Kumar Purohit, Chairperson of VO Chidambaranar Port Authority, said today.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.