logo
India grappling with a dearth of agentic AI experts

India grappling with a dearth of agentic AI experts

Economic Times27-04-2025
TIL Creatives I observe an agentic AI surgical robot collaborating with a human doctor in a futuristic medical bay during a minimally invasive procedure.
India is facing a severe shortage of agentic AI professionals, as companies move beyond basic chatbots to develop intelligent agents that can solve complex business problems and support decision-making.There are currently fewer than 100,000 such professionals in the country, while demand is projected to double to around 200,000 by 2026, according to executives from leading consulting, research and recruitment services firms including BCG, Everest Group, TeamLease, and Adecco.
Agentic AI refers to artificial intelligence systems that can autonomously make decisions, take actions and adapt to changing environments.Professionals in this field include developers who build the code base, architects who design the AI frameworks, program engineering managers who integrate and deliver solutions as software, and testers to ensure system performance.'Agentic AI can enable tech companies to deliver higher value through a 'service as a software' shift from 'software as a service',' said Ankush Wadhera, managing director and partner of BCG. These agents can enable firms to develop vertical-specific solutions, he added.
At present, only about 40% of the demand for agentic AI talent is being met in the country, according to Karthikeyan Kesavan, director of permanent recruitment at Adecco India. AI architects are the most difficult to get now, he added.
The talent crunch is driving up salaries.An agentic AI expert with 2-5 years of experience commands an average salary of Rs 25 lakh per annum compared to a similarly experienced regular developer's salary of Rs 8 lakh and an AI expert's salary of Rs 13 lakh, experts said.'At mid-senior level, salaries for these roles range from Rs 80 lakh to Rs 2 crore,' said Pranshu Upadhyay, regional director and head of India technology practice at recruitment services firm Michael Page.Only 10–15% of the 650,000 AI professionals in the country have the needed expertise in agentic AI while their demand could reach 150,000-200,000 next year, according to a TeamLease research.
The demand will be 'driven by GCCs, IT firms and startups,' Neeti Sharma, CEO of TeamLease Digital, told ET.
Yugal Joshi, partner at research firm Everest Group, said there is a surge in hiring across Big Tech, startups, consulting firms, and IT services providers. Many companies are piloting or deploying agents in the next 1–2 years, he said. Titles like agentic AI architect and AI agent engineer are emerging, Joshi said. 'However, most professionals currently working on AI agents hold broader AI/ML roles, such as AI engineer, AI architect, etc,' he added.The booming demand is powered by a larger industry shift from simple automation to AI agents that can independently execute tasks, and a surge in investments in agentic capabilities across sectors.According to industry body Nasscom, the market for AI agents is projected to grow to $47.1 billion in 2030 from $5.1 billion in 2024.
High-growth segments include autonomous vehicles, smart manufacturing, and healthcare, where agentic AI systems can help drive innovation. 'There are conversations around agentic AI building up in India, and companies are keen to understand how the talent landscape is evolving in this space,' said Upadhyay of Michael Page.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Festive season & monsoon spike vegetable prices
Festive season & monsoon spike vegetable prices

Time of India

timean hour ago

  • Time of India

Festive season & monsoon spike vegetable prices

Panaji: Prices of vegetables in Goa have been witnessing a gradual rise over the last couple of weeks amid an increase in demand due to the Hindu holy month of Shravan and the upcoming Ganesh Chaturthi. Tired of too many ads? go ad free now Prices have also been affected due to quality deterioration of produce during storage and transportation in the monsoon. Tomatoes have seen a rise from Rs 40 to Rs 50 per kg, while onion prices have also spiked from Rs 30 to Rs 40 per kg. Potato rates have also increased from Rs 30 to Rs 40 per kg. As the festival approaches, the prices are expected to increase further. Burhanuddin Mulia, a vegetable vendor at the Panaji municipal market, said prices fluctuate frequently due to the rainy season and the demand for the vegetables. 'The price of tomatoes was Rs 80 last month. It was Rs 40 two weeks ago, and now, it has risen to Rs 50. It really depends on the quality we get and the demand,' said Mulia. A major part of Goa's vegetable demand is met by supply coming in from Belagavi. But due to various reasons such as the cost of cultivation, the prices of locally grown vegetables have also risen. Three small locally grown ridged gourds, or a similar quantity of bitter gourds, are now sold for Rs 100. Mohammad Haris, a vegetable vendor at Panaji, said customers are not happy with the quality of vegetables. 'And with the price hike, it doesn't justify the amount they are paying,' he said. Consumers said that for leafy vegetables like methi, raddish, coriander, etc, the prices may not seem to have been hiked, but the size of the bunches has significantly reduced. The state horticulture corporation, on its part, has said that it is supplying vegetables at subsidised rates, but the number of its stalls may fall short of the demand. Tired of too many ads? go ad free now Satyender Chaudhary, a customer from Mala, said that high prices often lead him to buy vegetables in decreased quantities. 'The prices are always high. Even if it reduces by Rs 10, we still end up paying more for the quantity of vegetables we used to pay for before. It is unfair,' said a customer from Taleigao.

New deadline for Curchorem Ravindra Bhavan
New deadline for Curchorem Ravindra Bhavan

Time of India

timean hour ago

  • Time of India

New deadline for Curchorem Ravindra Bhavan

Margao: The much-anticipated phase II extension of Ravindra Bhavan in Curchorem is likely to be completed by Sep 31, the latest timeline set by the department of art and culture for completing all pending works. Official records reveal that while the amphitheatre and mini auditorium are structurally complete, interior works remain pending, preventing their immediate use. The project was plagued by multiple setbacks, including the Covid-19 pandemic's impact on manpower and material supply, design changes to the tensile fabric roof system for better structural stability, and contractor-related issues. Most significantly, the interior and allied works contractor was terminated in Dec 2023 due to poor performance, necessitating a fresh tendering process. Financial data reveals that the project's total cost escalated to Rs 27 crore, with Rs 24 crore already disbursed to contractors. The main civil, electrical, and firefighting works component, valued at Rs 20 crore, is 95% complete. However, interior works, originally worth over Rs 20 crore, remain only 50% finished under the new contractor arrangement. The audio-video systems installation is significantly behind schedule at just 30% completion, and doubts persist over its completion before the Sep 31 deadline. Notably, while major infrastructure components like CCTV systems and electrical metering are fully completed, the project's core entertainment facilities remain incomplete. The Rs 1.2 crore audio-video component has seen only Rs 75 lakh in payments, indicating substantial pending work that could further delay the project's operational readiness. The Goa State Infrastructure Development Corporation is overseeing the project through appointed project management consultants. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.

Samsung expanding manufacturing portfolio in India: Ashwini Vaishnaw
Samsung expanding manufacturing portfolio in India: Ashwini Vaishnaw

Economic Times

timean hour ago

  • Economic Times

Samsung expanding manufacturing portfolio in India: Ashwini Vaishnaw

Synopsis Samsung is increasing its manufacturing efforts in India, according to Union Minister Ashwini Vaishnaw. The company already has its second-largest mobile phone manufacturing facility in India and is the second-largest exporter of handsets. Samsung is also preparing to manufacture laptops in India and makes all smartphones it sells in the country. ANI Samsung Electronics South Korean electronics major Samsung is expanding its manufacturing portfolio in India, union minister Ashwini Vaishnaw said on Saturday. Globally, Samsung has its second largest mobile phone manufacturing unit in India and it is the second largest exporter of the handsets from the country after Apple. "Samsung continues to expand manufacturing of its advanced technology devices in Bharat, driven by talent and innovation. Its research unit in Bharat has more than 7,000 engineers," Vaishnaw said in a social media post. The minister on X posted a photo of his meeting with Samsung Southwest Asia, President and CEO, JB Park and Samsung Southwest Asia, Corporate Vice President, SP Chun. Earlier this year, Samsung Electronics President and Head of Mobile eXperience (MX) Business TM Roh had said the company is preparing for manufacturing laptops in India. The company continues to make all smartphones that it sells in India including latest flagship smartphones Galaxy Z Fold7, priced in the range of Rs 1.74 lakh to Rs 2.11 lakh apiece and Galaxy Z Flip7 which is priced in the range of Rs 1.09 lakh to Rs 1.22 lakh apiece.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store