logo
Now locating: Human talent for AI agents

Now locating: Human talent for AI agents

Economic Times13-05-2025

Tired of too many ads?
Remove Ads
Tired of too many ads?
Remove Ads
Large IT services firms and global capability centres are actively hunting for talent in agentic AI with demand exceeding supply in positions such as agent ops , agent architect, prompt engineer and agent trainer. Traditional roles such as process designers, architects, data specialists, re-engineering experts, natural language processing (NLP) and machine learning (ML) programmers are also extendable to agentic AI, said Jaideep Kewalramani, COO and head of employability business, TeamLease Edtech.The shortage of agentic AI professionals is a key concern. There are fewer than 100,000 such professionals in the country, while demand is projected to double to 200,000 by 2026, according to research and recruitment services firms such s BCG, Everest Group, TeamLease and Adecco, ET had reported. Demand for these skills is growing at 300%, although that's on a low base, TeamLease said. Annual salary levels are at par with other AI roles. Entry-level tech positions can command `3-18 lakh, mid-level pay is at `10-45 lakh and it's upward of `40 lakh for senior roles, depending on expertise. Exceptionally skilled talent commands a 100% premium.Global recruitment firm Deel said it's seeing a growing number of contracts with the job titles of agent ops, agent architecture and technical lead. The top five countries hiring for these roles are India, Argentina, Brazil, Colombia and the UK, Deel said. IBM said it is actively hiring for new job roles such as experience designers, agile coaches, design thinking, D&I specialists, digital data security and privacy, content managers, automation architects, organisational psychologists and prompt engineers.'In India, one of the growth areas for agentic AI that we see is in software, driven by the need for professionals who can not only work in development, but work in implementation to make agentic AI systems that are fair, transparent, accountable and explainable,' said Vishal Chahal, vice president, IBM India Software Labs.He added intuitive or imaginative skills to envision how the agent will respond in various scenarios are also crucial. While most open roles are currently centred around the metros, IBM said it's tapping talent in cities such as Gandhinagar, Bhubaneswar, Kochi, Mysuru and Coimbatore. IBM recently announced a software lab in Lucknow focussed on advancing GenAI and agentic tech.AI agents are gaining rapid traction across industries due to their transformative potential in automating complex tasks, improving efficiency, and cost savings. Software industry grouping Nasscom says the market for AI agents is projected to grow to $47.1 billion in 2030 from $5.1 billion in 2024. Over 60% of Indian enterprises were in active deployment or the pilot stage in FY25 with BFSI, telecom, and IT services leading adoption, followed by retail and healthcare. IDC expects India's AI agent market to grow at a CAGR of 35%, reaching $2.5 billion by 2027. By 2026, AI agents are projected to be the default interface for customer interaction, employee onboarding and low-code app building, IDC said.Global estimates by McKinsey say AI agents could automate routine tasks such as scheduling, data retrieval, summarisation and customer responses, saving up to 70% of employees' time. AI copilots can lead to a 30-40% increase in productivity in software development, HR and customer service. Capgemini noted the need for full-stack AI architects responsible for aligning agentic tech within existing enterprise architectures. 'These distinct roles necessitate a blend of deep technical expertise with a nuanced understanding of complex, multi-disciplinary environments,' said Padmashree Shagrithaya, EVP and head, insights and data, global business line, India, Capgemini.Global AI solutions provider Findability Sciences said investment in data-driven operations is now a priority for medium and large enterprises in North America, Japan and Latin America. 'For the past 10+ years, the focus has been on applications such as ERP, customer, relationship management and business intelligence to monitor operations, where data was generated as a byproduct,' said Sagar Mahurkar, vice-president, Findability Sciences. 'However, with agentic AI, data will be at the centre of enterprise operations, autonomously driving decisions.'

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

GIFT Nifty down 15 points; here's the trading setup for today's session
GIFT Nifty down 15 points; here's the trading setup for today's session

Economic Times

time21 minutes ago

  • Economic Times

GIFT Nifty down 15 points; here's the trading setup for today's session

The position of FIIs in the futures market reduced from a net short of Rs 1.04 lakh crore on Friday to Rs 1.01 lakh crore on Monday. Indian equities rebounded strongly, buoyed by positive domestic cues, while analysts anticipate market vigilance amid global uncertainties and macroeconomic data releases. Defence and crude-linked stocks are expected to remain in focus due to geopolitical tensions, with monsoon-related sectors gaining momentum on rainfall expectations. The rupee strengthened against the dollar, supported by equity market performance and easing crude oil prices. Tired of too many ads? Remove Ads Tech View: Currently, with investors awaiting the Fed's follow-up commentary post the rate announcement, a steep directional move is not expected for now. However, a rally towards 25,350 looks highly probable once Nifty reclaims the 25,000 mark. On the downside, support is placed at 24,850. Currently, with investors awaiting the Fed's follow-up commentary post the rate announcement, a steep directional move is not expected for now. However, a rally towards 25,350 looks highly probable once Nifty reclaims the 25,000 mark. On the downside, support is placed at 24,850. India VIX: India VIX, which is a measure of the fear in the markets, rose 1.6% to settle at 14.84 levels. Dow 0.75%, S&P 500 0.94%, Nasdaq 1.52% S&P 500 futures fell 0.5% as of 9:05 a.m. Tokyo time Japan's Topix was little changed Australia's S&P/ASX 200 fell 0.1% Euro Stoxx 50 futures rose 0.9% Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Indian equities staged a sharp rebound on Monday after the broad-based selling in the previous two trading sessions. Analysts expect the market to remain watchful, tracking global cues and macro-economic data. Defence and crude-linked stocks will remain in focus amidst ongoing Israel-Iran conflict , while monsoon-linked sectors like fertilizers, agro-chemicals, rural FMCG amongst others could be in momentum on expectations of above average Nifty on the NSE IX traded lower by 12 points, or 0.05 per cent, at 24,989, signaling that Dalal Street was headed for muted start on Tuesday.U.S. stocks closed higher on Monday, as oil prices retreated after the Israel-Iran attacks left crude production and exports unaffected, easing investor concerns about the potential for higher energy prices to stoke inflation. Crude prices settled down more than 1% on hopes a truce was on the horizon between Israel and Iran after days of missile strikes, as Iran called on U.S. President Donald Trump to force a ceasefire in the four-day-old aerial war, while Israel's prime minister said his country was on the "path to victory."A gauge of Asian stocks slipped, though Japanese and South Korean shares were marginally higher, after risk-on sentiment returned to Wall Street on Monday and pushed the S&P 500 up about 1% and back above 6, dollar firmed slightly on Tuesday though most currencies held tight ranges as investors remained spooked by ongoing tensions in the Middle East and awaited upcoming central bank prices climbed over 2% on Tuesday as Iran-Israel tension intensified and U.S. President Donald Trump urged "everyone" to evacuate Tehran, increasing the prospect of deepening unrest in the region and disruption to oil FertilisersHindustan CopperRBL BankTitagarhIEXBirlasoftSecurities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position portfolio investors net sold shares worth Rs 2,539 crore on Monday. DIIs, meanwhile, were net buyers at Rs 5,781 rupee rose 7 paise to settle at 86.04 against the US dollar on Monday amid a strong show at the domestic equity markets, weakening dollar, and easing of global crude oil position of FIIs in the futures market reduced from a net short of Rs 1.04 lakh crore on Friday to Rs 1.01 lakh crore on Monday.

FEI cancels equestrian events in India due to non-payment of dues
FEI cancels equestrian events in India due to non-payment of dues

Hans India

time25 minutes ago

  • Hans India

FEI cancels equestrian events in India due to non-payment of dues

New Delhi: In Amanpreet Singha development that will hurt the riders and the development of equestrian sport in the country, at least 24 domestic and international tournaments have been cancelled due to non-payment of dues to the world governing body, FEI, by the Equestrian Federation of India (EFI). It has been learnt that EFI was supposed to pay about Rs 27 lakh to the FEI officials as remuneration and allied charges for various events held between January and March 2025. However, the federation's account stands frozen due to the infighting among the warring factions, leading to non-payments of dues, forcing FEI to take off the events from the calendar. The EFI also needs to settle accounts for unpaid salaries, various costs of tournaments hosted in the past year and other expenses running into almost two crore. 'EFI was supposed to pay remuneration to FEI officials for various Eventing, Show Jumping and Dressage events held in Delhi, Meerut, and Jaipur. However, the bank has frozen the account due to different factions within the Federation claiming operational access,' an EFI source told PTI. 'It is embarrassing and the athletes are the biggest losers here, but that is the situation. The sports ministry has been apprised of the latest infighting,' the source added. The EFI was supposed to hold its election in September 2023 but litigations delayed the polls, following which a Committee of Administrators (CoA) was appointed by the Delhi High Court on May 21, 2024. The decision was challenged and, on May 29, the court reinstated the Executive Committee of the EFI as an interim measure, keeping in mind the participation of Indian riders in the Paris Olympics. The EC, in a meeting on April 11, 2025, without the presence of court-appointed observer SY Quraishi, decided to suspend Colonel Jaiveer Singh as secretary general of the Federation. Quraishi directed the EC to get the order approved from the court before its implementation. Colonel SS Ahlawat moved the court on May 5, seeking approval. However, the application was rejected on May 7 since the decision was not conforming to the law. 'The faction that removed the secretary general notified the development to FEI and also claimed the ownership of the bank account before getting the approval of the court. The bank then froze the account due to multiple stakes,' the source said. When contacted, Col. Jaiveer Singh confirmed the development.

Indian diaspora hails PM Modi's visit as beginning of a new chapter in Canada-India relations
Indian diaspora hails PM Modi's visit as beginning of a new chapter in Canada-India relations

India Gazette

time33 minutes ago

  • India Gazette

Indian diaspora hails PM Modi's visit as beginning of a new chapter in Canada-India relations

Calgary [Canada], June 17 (ANI): Prime Minister Narendra Modi's brief visit to Canada has sparked excitement and optimism among the Indian diaspora in Calgary and Alberta, who hope the trip marks the beginning of a stronger partnership between India and Canada. Nidhi Lodha, a member of the Indian diaspora, shared her delight and said the community was thrilled about the visit. 'Indian diaspora in Calgary and Alberta is so happy that PM Narendra Modi is visiting us. The only caviar is that it is a last-minute short visit, so we could not organise a town hall where lots of people could meet him. His visit will start a new era of the Canada-India relationship and partnership, which will grow... With the change of government and stance in Ottawa, and the current reality that Canada needs to diversify economically, this relationship will improve...' Supporting her view, Sunny Sharma, a businessman and diaspora member, pointed to the broader global context of the visit. He said, '... PM Modi is coming here at the request of Mark Carney. In other words, the G7 needs India... Carney knows how to do business and not just politics...' Adding further perspective, Anil Mehrotra, another member of the diaspora, welcomed the invitation extended to the Indian Prime Minister despite recent tensions between the two countries. He said, '... I am very happy that he (PM Modi) is visiting Canada and our current Prime Minister had the courage, despite all the negative pressure on him, to invite Modi Ji. He has done a superb job in India, which is now the fourth-largest economy in the world. It would be a grave mistake for Canada not to have invited India. This visit will hopefully only strengthen the good relations we had, which have soured in the last 3-4 years...' Meanwhile, as world leaders gather in Alberta for the G7 Summit, the visit is also being viewed as a chance to reset diplomatic ties. Rishi Singh, Honorary Director of the Kendriya Likhari Sabha (North America), stressed the summit's importance in rekindling the Canada-India relationship. In an exclusive interview, Singh praised the Canadian leadership under Prime Minister Mark Carney for hosting the summit during the vibrant Canadian spring. 'All the G7 leaders will be present and will be discussing vital economic trends and other global issues that significantly impact the world scenario,' he said. He listed the prominent global figures attending this year's summit, including Ukrainian President Volodymyr Zelenskyy, Mexican President Claudia Sheinbaum, Indian Prime Minister Narendra Modi, Australian Prime Minister Anthony Albanese, Brazilian President Luiz Inacio Lula da Silva, South African President Cyril Ramaphosa, and South Korean President Lee Jae-myung. While the UAE President could not attend, NATO Secretary General Jens Stoltenberg and World Bank President Ajay Banga are also participating. As a Canadian of South Asian heritage, Singh underscored that this summit provides a crucial opportunity for both countries to deepen cooperation. 'This G7 Summit gives both nations a platform to hold bilateral talks and create new thrusts towards diversifying supply chains -- an issue also highlighted by Prime Minister Carney,' he said. Calling for enhanced collaboration, Singh highlighted areas like technology transfer, innovation, agriculture, mobility of skilled workers, and investment. 'India, with its youthful demographic and rapidly growing economy, presents a major opportunity for Canada. In turn, Canada must share its technological advancements to build long-term relations that extend beyond current leaderships,' he said. Singh envisioned a strong future built on mutual economic strength and shared values. He described this desired bond as an 'ethical-economical friendship' that would benefit both nations. 'As we move into an era where resilient supply chains and collaborative innovation are key to global stability, Canada and India must come together not just as trade partners, but as allies with shared values and forward-looking visions,' Singh concluded. 'I sincerely welcome Prime Minister Modi to Canada and hope this summit serves as a turning point in Indo-Canadian relations.' The G7 Summit is expected to produce new initiatives focusing on economic cooperation, climate action, technological growth, and geopolitical stability, with India-Canada relations emerging as a central point of interest. (ANI)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store