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India Skills Report 2024

Context:

Recently, Wheebox in association with various agencies including All India Council for Technical Education (AICTE), Confederation of Indian Industry and Association of Indian Universities has published India Skills Report 2024, highlighting India’s skill landscape and the impact of AI (Artificial Intelligence) on the workforce

  • Theme: Impact of AI on the Future of Work, Skilling & Mobility.

Relevance:

GS III: Human Resources

Dimensions of the Article:

  1. India Skills Report 2024: Key Highlights

India Skills Report 2024: Key Highlights

AI Talent Landscape:

  • India stands out globally in AI skill penetration and talent concentration.
  • The country had 4.16 lakh AI professionals by August 2023, with an expected increase to 1 million by 2026.

Demand-Supply Gap in Key Roles:

  • There’s a 60%-73% demand-supply gap in critical roles like ML engineer, data scientist, DevOps engineer, and data architect.

Overall Young Employability:

  • Young employability has improved, reaching 51.25%.
  • States like Haryana, Maharashtra, Andhra Pradesh, Uttar Pradesh, Kerala, and Telangana exhibit high concentrations of highly employable youth.

Age-wise Employability Trends:

  • Different age groups demonstrate varying employability levels.
  • States like Uttar Pradesh and Maharashtra stand out for the 22 to 25 age group, while Telangana excels in the 18-21 age group.

City-wise Employability:

  • Pune leads in employable talent among 18-21 year-olds, followed by Bengaluru.
  • Lucknow leads in the 22-25 age group, followed by Mumbai.

Gender and Location Preferences:

  • Kerala is the most preferred state to work for both male and female employable talent.
  • Cochin is the top choice for female test takers.

Integration of AI in Learning:

  • AI integration in learning science is a key differentiator, enabling personalized, analytics-driven, and actionable insights for effective professional development.

Upskilling Initiatives:

  • Anticipation of increased investment in upskilling initiatives, especially focused on early career programs.
  • Significant hiring expected in early career segments.

Call for Collaborative Efforts:

  • Emphasis on collaborative efforts among government bodies, businesses, and educational institutions to address challenges and promote inclusive upskilling initiatives in the AI-driven transformative journey.

-Source: The Hindu


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