India's demand for AI professionals to hit 1 million by 2026: Report
NEW DELHI: India is set to witness a sharp rise in demand for Artificial Intelligence (AI) professionals, with reports projecting a need for one million skilled workers by 2026.
As the nation aims to become a $23–35 trillion economy by 2047, higher education—especially in engineering—is being reshaped to keep pace with the fast-changing job market driven by AI, automation, and innovation across disciplines, as detailed in the report 'India's AI Revolution: A Roadmap to Viksit Bharat', issued by the Union Ministry of Electronics & IT.
Engineering is at the center of this shift.
According to the All-India Council for Technical Education (AICTE), the number of approved B.Tech seats for 2024–25 has increased to 14.9 lakh, a 16% rise over the past four years.
This growth is mainly due to a surge of over 50% in seats for Computer Science and related fields like AI/ML, Data Science, Cybersecurity, Cloud Computing, and Blockchain, reflecting strong demand from industry.
India's technical education sector is adopting cross-disciplinary and industry-integrated approaches to develop engineers proficient in coding, creation, collaboration and innovation leadership. The evolution from STEM to STEAM, incorporating Arts, is becoming prevalent, combining technical expertise with design thinking, communication, psychology, law and business principles.
The India Skills Report 2024 by Wheebox predicts the country's AI industry will reach $28.8 billion by 2025, growing at 45 per cent CAGR.
The report indicates that AI-skilled professionals have increased 14-fold from 2016 to 2023, positioning India amongst the top five rapidly growing AI talent centres, alongside Singapore, Finland, Ireland, and Canada.
"The surge in demand for AI professionals' stems from rapid technological progress. As AI reshapes productivity, operations, and innovation, preparing a future-ready workforce is imperative.
At SRM Institute of Science and Technology, we offer interdisciplinary programs in areas like Medical Engineering, ECE with Data science, Biotechnology (Food Technology) and AI-ML Embedded Systems to bridge emerging domains.
Our strong academia-industry partnerships provide students with real-world exposure and global competitiveness," Dr Kathiravan Kannan, Director, SRM Group of Institutions, Ramapuram, Chennai and Tiruchirappalli told news agency ANI.
Stay informed with the latest
business
news, updates on
bank holidays
and
public holidays
.
AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Indian Express
2 hours ago
- Indian Express
IGNOU to offer MBA in Hindi, Odia
Indira Gandhi National Open University (IGNOU) has launched its flagship MBA programme in Hindi and Odia. The initiative announced on Monday marks another milestone in the implementation of the National Education Policy (NEP) 2020. One of the key features of the NEP was advocating for multilingual education and democratised learning. According to a statement from the university, the new language offerings aim to remove linguistic barriers in professional education, especially for students from non-English-speaking backgrounds. By offering core MBA study materials in Hindi and Odia, will aim to encourage learners to engage with complex business concepts in their mother tongue, increasing both accessibility and comprehension. How will the course be structured? This development is part of the E-Kumbh project, a national collaboration between IGNOU and the All India Council for Technical Education (AICTE). Through AICTE's 'Anuvadini' AI-powered translation tool, key academic resources have been translated to regional languages, supporting students in a more inclusive manner. Speaking at the launch, Dr Abhay Jere, Vice Chairman of AICTE, highlighted the role of artificial intelligence in breaking educational barriers. He said tools like Anuvadini are helping make education 'borderless' by enabling real-time, large-scale content localisation. Prof. Uma Kanjilal, Vice Chancellor of IGNOU, emphasised the university's goal of ensuring no learner is left behind. She also confirmed plans to expand the MBA offering to 10 more Indian languages, deepening the reach of professional education in regional contexts.
India.com
7 hours ago
- India.com
DA Hike Update: How Much Dearness Allowance Is Likely To Increase Ahead Of 8th Pay Commission? Can April AICPI Figures Throw Hints?
photoDetails english 2910389 Updated:Jun 03, 2025, 10:44 AM IST 7th Pay Commission DA, DR Hike Update 1 / 9 The Labour Beaureau has released AICPI-IW Figures for April 2025, fueling speculations on the next round (July-December 2025) of Dearness Allowance (DA) and Dearness Relief (DR) hike for lakhs of govt employees and pensioners. April 2025 AICPI-IW Figures 2 / 9 As per the data published by Labour Bureau, attached office of the M/o Labour & Employment the All-India CPI-IW for April, 2025 increased by 0.5 point and stood at 143.5 (one hundred forty three point five). Year-on-year inflation for the month of April, 2025 stood at 2.94% as compared to 3.87% in April, 2024. AICPI-IW Figures Collected By Labour Bureau 3 / 9 The Bureau has been compiling Consumer Price Index for Industrial Workers every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the country. April 2025 AICPI-IW Figures Vs May, Feb Data 4 / 9 The rise in April 2025 AICPI-IW Figures comes after rise in the last two months of the CPI-IW. March 2025, the All-India Consumer Price Index for Industrial Workers (AICPI-IW) stood at 143.0, representing a 0.2-point increase from the previous month. Year-on-year inflation for the month of March, 2025 stood at 2.95% as compared to 4.20% in March, 2024. The All-India Consumer Price Index for Industrial Workers (AICPI-IW) stood at 142.8 in February 2025, according to the Labour Bureau. How Much Dearness Allowance May Increase Ahead Of 8th Pay Commission? 5 / 9 The straight hikes in AICPI-IW Figures for April and March, after two consecutive declines in January and February hint at upward revision of DA by another 2 percent. DA will be thus likely be pushed from current 55 percent to 57 percent, ahead of the implementation the 8th Pay Commission from January 2026. DA Hiked To 55 Percent For Jan-June 2025 6 / 9 Much to market expectations, the Union Cabinet led by PM Narendra Modi on March 28 announced the much awaited Dearness Allowance (DA) and Dearness Relief Hike for lakhs of central government employees. The Modi government today announced hiked the dearness allowance by 2 percent, thus taking the DA from 53 percent to 52 percent. DA Hiked To 55 Percent From 53 Percent: How Much Salary Will Increase 7 / 9 The 2 percent DA hike has been the lowest DA hike in the last 7 years. The 2 percent increase in DA marked the lowest DA hike since July 2018. The last DA Hike was announced in October 2024. Union Cabinet approved a 3 percent Dearness Allowance (DA) increase for central government employees. A dearness allowance of 53 percent of basic pay is being provided to central government employees, as opposed to the previous 50 percent. How Much Salary Increased At Last DA Hike? 8 / 9 The basic salary of the employee is Rs 18,000 Dearness Allowance Hiked To 55 Percent: Pay increase of Rs 360 more per month New Dearness Allowance Annually: Rs 4,320 DA Hike Twice A Calendar Year 9 / 9 Dearness Allowance (DA) hikes are based on the average All India Consumer Price Index (CPI-IW) for industrial workers, which reflects changes in the cost of living. The government announces a DA/DR hike twice a year. However, the announcements are made in March and September. The hike is applied retroactively every year between January and July.
&w=3840&q=100)
India.com
7 hours ago
- India.com
Meet Worlds Youngest Female CA, Became Chartered Accountant At 15; Her Name Is In Guinness Book, She Is From…
photoDetails english 2910365 Updated:Jun 03, 2025, 10:04 AM IST Nandini's dedication 1 / 7 Nandini Agarwal's dedication to her studies allowed her to skip two grades in school. As a result, she appeared for her Class 10 board exams at just 13 years old and completed her Class 12 exams by the age of 15. Visited school 2 / 7 Inspired by a Guinness World Record holder who once visited her school, Nandini Agarwal set her sights on achieving something unique. Youngest Chartered Accountant 3 / 7 She aimed to become the youngest Chartered Accountant. In 2021, at just 19 years old, she achieved her goal by securing All India Rank 1 in the CA Final exams, scoring 614 out of 800 marks (76.75%). Guinness World Records 4 / 7 She was precisely 19 years and 330 days old when her results were announced, earning her the title of the world's youngest female Chartered Accountant, as recognised by the Guinness World Records. Nnandini's elder brother 5 / 7 Nandini's elder brother played a crucial role in her success. As he was also preparing for the CA exam, he understood the difficulties involved and provided valuable guidance. While Nandini topped the final merit list, her brother achieved the 18th rank in the same examination. Faced challenges 6 / 7 Nandini's path to success was filled with challenges. At just 16, she faced hesitation from several companies unwilling to offer her an apprenticeship because of her age. However, her unwavering dedication and consistent hard work enabled her to rise above these hurdles and accomplish her goals. Inspiration for young people 7 / 7 His journey serves as a powerful inspiration for countless young people across the country aspiring to achieve great success. It shows that with commitment and perseverance, even the toughest obstacles can be conquered.
