Indian employers plan to outpace global peers in future tech adoption: WEF

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Indian employers plan to outpace global peers in future tech adoption: WEF - Business Standard

Quick Summary:

On the demographic front, the report highlights that geographies with a demographic dividend, such as India and Sub-Saharan Africa, will supply nearly two-thirds of new workforce entrants in the coming years.

Nearly 40 per cent of skills required on the job are expected to change, and 63 per cent of employers already cite it as the primary challenge they face.

At the global level, the report notes that while 170 million jobs are expected to be created by 2030, 92 million are projected to be displaced, resulting in a net gain of 78 million new jobs.