India currently has 45,000 high-paying open positions in AI: TeamLease Digital
1 year, 9 months ago

India currently has 45,000 high-paying open positions in AI: TeamLease Digital

The Hindu  

As of February 2023, India has 45,000 open jobs in the Artificial Intelligence space that can fetch annual salaries for freshers in the range of ₹10 lakh to ₹14 lakh, TeamLease Digital said in a report. According to the research, fresh data engineers, data scientists and business intelligence analysts can earn up to ₹14 lakh per annum, devOps engineers, data architects and database admins can earn up to ₹12 lakh, while fresh machine learning engineers are paid up to ₹10 lakh. However, candidates with eight years of experience in similar fields can earn higher salaries ranging from ₹25 lakh to ₹45 lakh per annum. Sunil Chemmankotil, CEO, TeamLease Digital, said, “The AI revolution is transforming the job market, creating an urgent need for skilled professionals who can design, develop, and implement cutting-edge AI technologies.” The research, titled ‘Initiative for Critical and Emerging Technologies – Forces Shaping Future of Technology’, with specific focus on Artificial Intelligence, illuminated the recently concluded iCET partnership between the U.S. and India by exploring the growth as well as job opportunities in the area of AI.

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History of this topic

94 per cent of Indian desk workers feel the urgency to master AI
4 days, 2 hours ago

94 per cent of Indian desk workers feel the urgency to master AI

New Indian Express  

BENGALURU: Indian workers want to skill up on Artificial Intelligence as 94% feel an urgency to become AI expert. However, 40% of Indian workers have spent less than five hours learning how to use AI, and 30% of global workers say they have had no AI training at all, including no self-directed learning or experimentation, according to Slack's new Workforce …

Top AI, trading firms woo IIT grads with record salaries
3 weeks, 1 day ago

Top AI, trading firms woo IIT grads with record salaries

India Today  

The Indian Institutes of Technology kicked off their highly anticipated placement season on December 1, with leading AI and algorithmic trading firms competing to recruit the brightest minds. According to placement cell officials, this year’s offers have already reached impressive figures, with some nearing Rs 2.5 crore, showcasing the demand for top talent in AI during the recruitment drive. A …

India's Entry-Level Job Market Set To Thrive With Competitive Salaries Across Sectors: Report
3 weeks, 4 days ago

India's Entry-Level Job Market Set To Thrive With Competitive Salaries Across Sectors: Report

ABP News  

The Software Development and Engineering domain, which involves coding, designing, and maintaining software, is set to offer competitive salaries, according to a recent report from TeamLease. TeamLease Digital's analysis highlights the changing landscape of entry-level job roles across key sectors like Global Capability Centers, IT Products & Services, and Non-Tech industries for FY 2024-25. The report also reveals that entry-level …

SAP confident of new job creation by AI
1 month, 2 weeks ago

SAP confident of new job creation by AI

Live Mint  

German software-maker SAP SE is confident that artificial intelligence will create new jobs even as the rise of the new technology casts a shadow on jobs done by humans. The SAP board’s buoyant remarks on AI contrast with those of Google-parent Alphabet Inc’s chief executive Sundar Pichai, whose comments in the company’s post-earnings conference call with analysts put alarm bells …

Hiring Trends By Industries, Senior Roles, High Salaries Defy Market Trends: Naukri Jobspeak
3 months, 2 weeks ago

Hiring Trends By Industries, Senior Roles, High Salaries Defy Market Trends: Naukri Jobspeak

News 18  

The Naukri JobSpeak Index, an indicator of white-collar hiring activity, experienced a slight correction in August 2024 vs August 2023 witnessing a 3% decline, ending at 2576 points. Hiring Trends By Industries While the overall IT sector showed a modest 1% year-on-year growth, AI-ML jobs continued their impressive run with a 14% increase. FMCG and Pharma Sectors Show Strength The …

Economic Survey | AI casts “huge pall of uncertainty” over jobs
5 months ago

Economic Survey | AI casts “huge pall of uncertainty” over jobs

The Hindu  

The Economic Survey published on Monday warned against the potential challenge that artificial intelligence could present to the Indian economy saying the “advent of the tech casts a huge pall of uncertainty as to its impact on workers across all skill levels – low, semi and high.” The massive changes owing to widespread adoption of AI “will create barriers and …

Union budget 2024-25 should prioritise AI research: Experts
5 months, 1 week ago

Union budget 2024-25 should prioritise AI research: Experts

New Indian Express  

BENGALURU: As IT companies are increasingly focusing on Artificial Intelligence and Generative AI use cases, experts say the upcoming Budget should promote AI research and implementation apart from focusing on upskilling programmes. In the interim Budget, finance minister Nirmala Sitharaman had announced that three centres of excellence for Artificial Intelligence would be set-up in top educational institutions. “With the increasing …

India poised to lead the world in the age of AI, says GitHub CEO
6 months, 1 week ago

India poised to lead the world in the age of AI, says GitHub CEO

Live Mint  

Artificial Intelligence is not just accelerating India's digital transformation; it's also set to boost the economy significantly. Dohmke noted, "Developers using Copilot are already 55% faster, propelling the software economy, valued in the trillions globally, to move even quicker thanks to AI." Infosys, too, uses GitHub Copilot to help its developers "become more productive, efficient, and enabling them to focus …

India to invest $1.2 billion in AI infrastructure, startups; Ambani's Reliance to lead the race
9 months, 2 weeks ago

India to invest $1.2 billion in AI infrastructure, startups; Ambani's Reliance to lead the race

Hindustan Times  

India will invest $1.2 billion in a wide range of artificial intelligence projects as the world's most populous country stakes a claim to the burgeoning sector. Junior minister Rajeev Chandrasekhar said the investment "will catalyze India's AI ecosystem and position it as a force shaping the future of AI for India and for the world". OpenAI chief executive Sam Altman …

India Launches Rs 10,300 Crore AI Mission
9 months, 2 weeks ago

India Launches Rs 10,300 Crore AI Mission

Deccan Chronicle  

New Delhi: The Union Cabinet on Thursday cleared “India artificial intelligence or AI Mission” with an outlay of over Rs 10,300 crore for five years. After the Cabinet meeting Union minister Piyush Goyal told reporters that the Cabinet approved the India AI Mission with an outlay of Rs 10,372 crore for five years to encourage AI development in the country. …

Employees in these sectors are likely to get highest pay hikes this year, survey finds
9 months, 3 weeks ago

Employees in these sectors are likely to get highest pay hikes this year, survey finds

Hindustan Times  

This year, sectors including automobile, manufacturing & engineering, and life sciences, are projected to offer the highest pay hikes to their employees, according to a survey by HR consulting firm Mercer. According to Mansee Singhal, rewards consulting leader, Mercer India, the continuous focus on artificial intelligence and automation by these industries, has propelled each into ‘a new phase of growth.’ …

India’s AI market seen touching $17 billion by 2027: Report
10 months ago

India’s AI market seen touching $17 billion by 2027: Report

The Hindu  

February 21, 2024 10:16 am | Updated 12:24 pm IST - MUMBAI India’s artificial intelligence market is projected to touch $17 billion by 2027, growing at an annualised rate of 25-35% between 2024 and 2027, IT industry body Nasscom and consulting firm BCG said on Tuesday, citing a joint report studying AI-powered tech in the country. The growth is seen …

India's AI market to reach USD 17 billion by 2027: Nasscom
10 months ago

India's AI market to reach USD 17 billion by 2027: Nasscom

India TV News  

India’s artificial intelligence market is booming, and it is likely to grow at a 25 per cent compound annual growth rate to reach USD 17 billion by 2027, with similar growth in artificial intelligence investments. This growth has been fueled by multiple factors which include increasing enterprise tech spending, India’s growing AI talent base and a significant increase in AI …

AI created more jobs in web design, data science, digital marketing and more: IBM India
10 months ago

AI created more jobs in web design, data science, digital marketing and more: IBM India

India TV News  

As generative artificial intelligence begins to threaten certain jobs, it was stated that AI will create more job options than it destroys. For example, take the Internet, when the Internet came right, and you had web publishing and all things that were web-enabled, it led to job decline in certain sectors like newspaper printing." However, he added that it also …

India Needs 10 Lakh AI Experts, Says Rajanna
10 months, 1 week ago

India Needs 10 Lakh AI Experts, Says Rajanna

Deccan Chronicle  

Hyderabad: India needs 10 lakh people trained in artificial intelligence by 2026 and the technology industry is making significant investments in this, said V. Rajanna, president, of technology, services, and software, TCS. Delivering the keynote address at the annual event of Hyderabad Software Enterprises Association here on Wednesday, he said Hyderabad was a pioneer in launching digital citizen services in …

Microsoft's Nadella woos Indian developers to the company's AI tools
10 months, 2 weeks ago

Microsoft's Nadella woos Indian developers to the company's AI tools

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Microsoft CEO Satya Nadella urged …

‘Cloud, AI can unlock ₹1.6 trillion for small biz’
1 year, 2 months ago

‘Cloud, AI can unlock ₹1.6 trillion for small biz’

Live Mint  

New Delhi: Small businesses that embrace artificial intelligence and cloud-enabled technologies in India are expected to unlock up to ₹1.6 trillion in annual productivity gains and support 45.9 million jobs by 2030, a report said on Thursday. “By adopting advanced cloud-enabled technologies like generative AI, small businesses can accelerate their growth and digital transformation,” said Deepti Dutt, leader, Verticals, Public …

Want To Make A Career in AI? Check Out Educational Requirements And Salary
1 year, 4 months ago

Want To Make A Career in AI? Check Out Educational Requirements And Salary

News 18  

​ As the board exam results are announced, students are ready to transition from schools to colleges. PG in Machine Learning and AI Foundation of Artificial Intelligence and Machine Learning Post Graduate Program in Artificial Intelligence and Machine Learning Full Stack Machine Learning and Artificial Intelligence Program Post Graduate Certificate Program in Artificial Intelligence and Deep Learning Where To Apply? …

From threat to job to unleashing creativity, here’s what Indians think about AI
1 year, 6 months ago

From threat to job to unleashing creativity, here’s what Indians think about AI

Live Mint  

Amid the growing impact of Artificial Intelligence in nearly every domain, more than 74 per cent of Indians are worried that artificial intelligence will take their jobs in future, according to latest Microsoft report. The recent insight of the Microsoft Work Trend Index 2023 report reveals that 90 per cent of Indian leaders are of opinion that employees need to …

India Under Spotlight As Tech Giants Ramp Up AI Talent Hunt
1 year, 7 months ago

India Under Spotlight As Tech Giants Ramp Up AI Talent Hunt

ABP News  

The demand for data scientists, machine learning specialists, and skilled engineers is rapidly increasing due to an AI hiring frenzy taking place around the world. India's tech industry is built on a plentiful supply of affordable workers, and now, even the world's most populous nation is running out of the skilled engineers, data scientists, and machine-learning specialists that companies are …

Demand for AI jobs in India are up by 11% amid talent scarcity
1 year, 7 months ago

Demand for AI jobs in India are up by 11% amid talent scarcity

India TV News  

The demand for artificial intelligence talent has grown by 11 per cent in India over the last six months, driven by job demands in sectors like IT, BFSI, retail, telecom, and advertising/market research sectors, a report stated. The Indian job market will witness a 22 per cent churn over the next five years with top emerging roles coming from AI, …

Make AI Work For India: What The Future Holds For Artificial Intelligence
1 year, 9 months ago

Make AI Work For India: What The Future Holds For Artificial Intelligence

ABP News  

As India stands at the threshold of leaving China behind to be the most populous country in the world, it now holds immense responsibility to decide the future of education, employment, and skill development of nearly one-fifth of the global population. Projects like Digital India BHASHINI and Digi Yatra can be the stepping-stone for large-scale AI implementation across all major …

India’s AI penetration factor at 3.09, highest among all G20, OECD countries: Nasscom
1 year, 10 months ago

India’s AI penetration factor at 3.09, highest among all G20, OECD countries: Nasscom

The Hindu  

India ranked first in terms of Artificial Intelligence skill penetration and AI talent concentration and 5th in AI scientific publications, according to a report titled, “State of Data Science and AI Skills in India: Data and the Art of Smart Intelligence, prepared by Nasscom in association with Salesforce and Draup. In fact, India’s AI Skills Penetration Factor has been reported …

Bad news awaiting tech grads entering the job market
1 year, 10 months ago

Bad news awaiting tech grads entering the job market

Live Mint  

NEW DELHI : Technology companies are likely to hire engineering graduates at the previous year’s levels of ₹2-4 lakh per annum, industry experts said, adding they expect no increase in freshers’ pay this year as hiring winds down after a year of aggressive recruitment. We expect large IT services firms to offer salaries of ₹3.18-4 lakh for entry-level campus hires," …

Front-End, Data Science, Artificial Intelligence, DevOps Highest Paying Tech Sectors in India: Survey
2 years, 2 months ago

Front-End, Data Science, Artificial Intelligence, DevOps Highest Paying Tech Sectors in India: Survey

News 18  

Amid a rise of jobs in the technology sector, frontend, data science, artificial intelligence and DevOps are the highest paying tech sectors in India, revealed Instahyre’s State of Tech Talent Report 2022. Streaming and OTT platforms pay the highest salaries for senior frontend talent, followed by internet-based product companies for mid-level, and the food tech sector for junior level, it …

AI market can be worth USD 7.8 billion by 2025 | AI career roadmap for beginners
2 years, 4 months ago

AI market can be worth USD 7.8 billion by 2025 | AI career roadmap for beginners

India Today  

New technologies like AI, Data Analytics, and Machine Learning have dominated almost every field in today's ever-evolving high-tech world. "According to the data collected by The International Data Corporation, the AI market can touch up to 7.8$ billion in India by 2025," said Ms. Srividya Kannan, Director and Founder, Avaali Solutions. From being a Data Scientist to an AI engineer …

India’s AI market likely to see 20% growth over next five years: Report
2 years, 5 months ago

India’s AI market likely to see 20% growth over next five years: Report

Hindustan Times  

India’s artificial intelligence market is expected to witness a growth of 20% over the next five years, and the country is among the top three talent markets, producing 16% of the world’s AI talent pool, a joint study conducted by Microsoft and the Internet and Mobile Association of India has revealed. “Artificial intelligence is no longer a fringe technology for …

Global companies offer fat pay to city talent for web, AI, ML
2 years, 11 months ago

Global companies offer fat pay to city talent for web, AI, ML

Deccan Chronicle  

Hyderabad: Demand for web technologies, artificial intelligence and machine learning has been on the rise when it comes to placements for students in the city. Pay package also shows a healthy trend with the average CTC for an employee in 2021 at around Rs 28 lakh and more per annum at a few companies. In the Phase 1 placements for …

Build a successful IT career in 2021 with the right certifications
3 years, 10 months ago

Build a successful IT career in 2021 with the right certifications

India Today  

The IT landscape is always changing and evolving. Two most popular job roles in an IT career Let us take a look at two of the most popular job roles that IT professionals can pursue in 2021: 1. Therefore, IT professionals pursuing these job functions must always be keen to learn about the "next big thing," in order to fulfill …

10 highest-paying jobs of 2021 that can make you rich
3 years, 11 months ago

10 highest-paying jobs of 2021 that can make you rich

India Today  

As the digital transformation of the world continues unabated, it has brought with it a plethora of exciting new opportunities for professionals in the technology space. Full stack developers in the U.S earn nearly US$226K, and in India, about 35 lakh rupees per annum. Big data engineers earn US$300K in the United States and in India, nearly 30 lakh rupees …

IT eyes 20-fold jump in demand for digital skills
4 years, 2 months ago

IT eyes 20-fold jump in demand for digital skills

Live Mint  

Industry body Nasscom will equip more than 4 million professionals with digital skills over the next five years to fill the demand-supply gap across IT services. This can be met by diversifying digital skills across academia, said Sangeeta Gupta, senior vice-president and chief strategy officer, Nasscom, and Amit Aggarwal, vice president and chief executive, IT-ITeS sector skills council, Nasscom, in …

Investing in data, AI is crucial for country
4 years, 4 months ago

Investing in data, AI is crucial for country

Live Mint  

BENGALURU :India has the right ecosystem and an efficient talent pool to create millions of new-age jobs and drive a data and artificial intelligence revolution to become a global powerhouse, said top executives of Infosys Ltd and Wipro Ltd at a panel discussion organized by IT industry body Nasscom on Tuesday. “We have to identify a comprehensive plan for India’s …

Data, AI can add $450-500 bn to India’s GDP by 2025: Nasscom
4 years, 4 months ago

Data, AI can add $450-500 bn to India’s GDP by 2025: Nasscom

Live Mint  

New Delhi: Data and Artificial Intelligence could potentially add $450-500 billion to India’s gross domestic product by 2025 and drive India’s economic growth, said a report by industry body Nasscom. The report ‘Unlocking Value from Data and AI’ lays down an action plan that can help the country emerge stronger from the covid-19 crisis by taking co-ordinated action to enhance …

Half of Indian Workforce Will be Equipped With AI Skills in the Next 10 Years: Microsoft
4 years, 4 months ago

Half of Indian Workforce Will be Equipped With AI Skills in the Next 10 Years: Microsoft

News 18  

The organisations that have deployed Artificial Intelligence with skilling initiatives in India are generating most value from this new-age technology, and senior executives predict that half of all employees will be equipped with AI skills in the next 6-10 years, a new Microsoft survey said on Monday. In India, all AI-leading companies said they are actively building skills of their …

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