The government refers to the coming decade as ‘India Techade’. Over the last nine years, India has emerged as a leader in the development of technologies that benefit and alter the lives of its population.
According to recent statistics, India remains the market leader in AI talent and skill penetration. According to the Stanford AI Index 2024, India has the highest worldwide AI skill penetration and talent concentration.
India has a higher AI skill penetration rate (2.8) compared to the US (2.2) and Germany (1.9). Since 2016, India’s AI talent concentration has increased by 263%.
According to the BCG-NASSCOM study 2024, the AI market in India is experiencing strong growth, with a compound annual growth rate (CAGR) of 25-35%.
‘FutureSkills PRIME’ for Re-skilling/Up-skilling of IT Manpower
AI may result in automating some routine jobs but will also result in job creation in various data science, data curation, etc. This will require reskilling and upskilling, for which Ministry of Electronics and Information Technology (MeitY) has initiated ‘FutureSkills PRIME’ a programme for Re-skilling/Up-skilling of IT Manpower for Employability in 10 new/emerging technologies including Artificial Intelligence. Under this programme so far, 18.56 Lakh+ candidates have signed-up on the FutureSkills PRIME Portal, out of which, 3.37 Lakhs+ candidates have completed their course.
Centers of Excellence for Artificial Intelligence
Under the Scheme of Centers of Excellence for Artificial Intelligence implemented by MeitY in partnership with NASSCOM, Startups are supported for developing AI based tools and applications that are of use for manufacturing companies. Several such solutions have been deployed by companies in manufacturing sector.
‘YUVAi: Youth for Unnati and Vikas with AI’
In addition, National e-Governance Division (NeGD), MeitY in collaboration with its partners, has implemented ‘YUVAi: Youth for Unnati and Vikas with AI’- A National Programme for School Students with the objective of enabling school students from classes 8th to 12th with AI tech and social skills in an inclusive manner. The programme will provide a platform for youth to learn and apply AI skills in 8 thematic areas- Krishi, Aarogya, Shiksha, Paryavaran, Parivahan, Grameen Vikas, Smart Cities and Vidhi aur Nyaay.
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