Bengaluru has quarter of India’s digital talent
Bengaluru: Bengaluru has a quarter of India’s digital talent, way more than any other city, says a report by Nasscom and consulting firm Zinnov’s enterprise decision-making platform Draup. Mumbai has 14%-15% of the digital talent, and Delhi 13%-14%. The three cities, together with Hyderabad, Pune and Chennai, have 87% of India’s total digital talent pool […]
Bengaluru: Bengaluru has a quarter of India’s digital talent, way more than any other city, says a report by Nasscom and consulting firm Zinnov’s enterprise decision-making platform Draup. Mumbai has 14%-15% of the digital talent, and Delhi 13%-14%. The three cities, together with Hyderabad, Pune and Chennai, have 87% of India’s total digital talent pool of 3.8 million, the study says. The 3.8 million represents over 80% of the 4.7 million tech industry employee base in India.
The study estimates that India’s digital talent supply is 21% lower than demand. But this gap is the narrowest among global tech leaders like the US, China, UK, Japan, Canada, and Australia.
India and China are seen to be rapidly closing in on the tech talent pool in the US, with a high reskillability index and a large share of adjacent tech talent. The digital tech talent is growing five-fold faster than core tech talent, driven by the adoption of emerging technologies such as cloud computing and AI/ML. The country has one of the largest annual supplies of STEM (science, technology, engineering, maths) graduates, at over 2 million. It is also the global leader in STEM women graduates, at 47.1% of all graduates. Despite India’s strength in digital, the demand-supply gap for digital tech talent is expected to increase 3.5 times by 2026 to 1.4-1.8 million. Digital skills like AI/ML, low code development and cybersecurity are expected to become base skills by 2030. Blockchain, AR/VR and quantum are expected to follow a similar trend in the coming decades.
The study said India is continuously reskilling its core tech workforce, but the pace must increase to bridge the gap. About 65-70% of digital talent gained by India in the last financial year was through reskilling, the report said.
…. This is an extract from The Times of India.
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