As the world grapples with the implications of artificial intelligence (AI), India is poised to become a major player in the global AI landscape. According to a recent report, multinationals are setting up global capability centers (GCCs) in India to harness the country’s vast AI talent pool and bypass the global AI talent war.
A New Factor in Production: AI’s Impact on India’s GDP
Analysis further reinforces this view by positioning AI as a new factor in production—on par with traditional inputs like labor and capital. The integration of AI promises accelerated growth and the creation of a resilient, adaptable workforce. In fact, AI is expected to add a staggering Rs. 83,02,662 crore (US$ 967 billion) to India’s GDP by 2035.
The Rise of AI Roles in India: High-Paying Careers and Job Demand
India is home to 16% of the global AI talent pool, making it an attractive destination for companies looking to tap into this talent pool. The demand for AI professionals is expected to grow exponentially, with over 2.3 million AI-related jobs expected to open up in India alone. The average salary for AI/ML roles starts at ₹8 LPA, with the potential to earn much more as you grow.
Addressing the AI Skills Gap: A Roadmap for Career Success
However, a recent AWS commissioned Access Partnership study,
Originally published on https://m.economictimes.com/tech/artificial-intelligence/multinationals-set-up-gccs-in-india-to-bypass-ai-talent-war-ft-report/articleshow/122834748.cms
