The Federation of Indian Chambers of Commerce and Industry (FICCI) and National Association of Software and Services Companies (Nasscom) had jointly commissioned a report on ‘Future of Skills and Jobs in India’ which was unveiled at Global Skills Summit. The report provides a sneak-peak into the future of jobs and vision of change for the job market in India by 2022.
The internet and exponential technologies are creating new job opportunities in the areas of white-collar working that includes online labour— software developers, creative and multimedia professionals, online sales and marketing professionals, writers, translators and data entry operators. India is the leading country with a 24 per cent share of the online labour market. Other areas of job opportunities include technology aggregator models, e-commerce segment and tech start-ups with new business models.
In India, the future of jobs in 2022 would be determined by the country’s response to 12 megatrends which includes, under globalisation — the level of exports, rapid adoption of exponential technologies, increasing/ shrinking overseas job market for Indian workforce and level of FDI flows. Under adoption of exponential technologies by Indian companies — evolution of products/services into smart connected products and services, acceleration of the optimisation of industry value chains, business innovation, demand for a resourceful planet and sustainability etc.
As per the report, in the organised IT/BPM sector, 60-65 per cent of the workforce would be deployed in jobs that have radically changed skill sets (projected for 2020) and some examples of the future job roles in the IT/ BPM sector includes VFX artist, computer vision engineer, wireless network specialist, embedded system programmer, data scientist, data architect, AI research scientist to name a few. In automotive sector, 50-55 per cent of the workforce would be deployed in jobs that have radically changed skill sets projected for 2020 and the evolving job roles include automobile analytics engineer, 3D printing technician, machine learning based, vehicle cybersecurity expert, and sustainability integration expert. Such new jobs roles are also expected in the Textile and Apparel, BFSI and Retail sector.