City
Epaper

GenAI, quantum computing set to create over 10 lakh jobs in India by 2030

By IANS | Updated: November 27, 2024 17:50 IST

New Delhi, Nov 27 Emerging technologies like Generative AI (GenAI) and quantum computing are set to create more ...

Open in App

New Delhi, Nov 27 Emerging technologies like Generative AI (GenAI) and quantum computing are set to create more than 10 lakh jobs in India by 2030, according to a report on Wednesday.

Global capability centres (GCCs) emerged as the powerhouse of tech hiring India during the July-September period (Q2 FY25), driven by a robust demand for skills in roles such as AI/ML, analytics, cybersecurity, cloud, and DevOps, according to the report by Quess Corp, India’s leading business solutions provider.

In Q2 FY25, Development skills dominated with 41 per cent share of tech hiring demand while AI/ML positions saw 30 per cent growth in demand from previous quarter.

“Reskilling and upskilling with proliferation of GCCs are driving the dynamic ecosystem of India’s tech growth,” said Kapil Joshi, CEO of Quess IT Staffing.

“Emerging technologies such as generative AI, deep-tech, and quantum computing emerge are set to create over a million jobs by 2030. While challenges remain, India's IT industry is well-positioned to grow 10-12 per cent in the next six months,” he added.

According to the report, 79 per cent of the aggregate demand emerged from the top five skill suites -- development, ERP, testing, networking and data science.

In addition to these functional skill suites, there was a rapid increase in specialised roles and skills related to Java (30 per cent), cybersecurity (20 per cent), and DevOps (25 per cent) between Q1 FY25 and Q2 FY25.

The manufacturing sector witnessed a significant transition, with demand escalated on products across sectors such as semiconductor, electronics, and electrical industries.

Bengaluru dominated tech hiring with 43.5 per cent share, followed by Hyderabad (13.4 per cent) and Pune (10 per cent).

“India's tech landscape is experiencing a boom, with Bengaluru emerging as the undisputed leader. A staggering 62 per cent of hiring requests flow through this region, followed by the West (14 per cent), North (8 per cent), and East (0.4 per cent),” the report mentioned.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

MaharashtraHigh Court Orders FIR in Somnath Suryawanshi Custodial Death Case

Navi MumbaiNavi Mumbai: 9 Homes Targeted in Single Night, Lakhs in Cash and Valuables Looted in Kharghar

AurangabadStray dog menace irk residents of Satara area

Other Sports2nd Test: Laxman arranged for India U19 team to watch day two’s play, says Kanitkar

Other SportsFormer PKL Champion Akash Shinde ready to chase glory with Bengaluru Bulls

Business Realted Stories

BusinessIndian team returns from US after trade talks, farm & dairy products stay sticky issue

BusinessSynonym for Gearless Elevator Machine in India – Tectronics Techworld Pvt Ltd

BusinessEdtech leader Toprankers launches Lighthouse, a new personalised mentorship platform for students and parents

BusinessGoa Monsoon Feast - Select Taj and Vivanta's Finest Dining Destinations in Goa Come Together for a Limited Time Culinary Showcase

BusinessCheistha Kochhar Award Presented at Ashoka University Convocation, Honoring a Lasting Legacy