Facing human resource shortage, Indian Tech Industry need to skill 2 million : Report

The Indian technology industry is facing its biggest-ever HR challenge with the need to recruit and skill more than 2 million professionals, as growing demand for'exponential tech professionals' puts extreme pressure on it to remain globally competitive, according to a report. The increasing competition has not left organisations with much of an alternative. They have to either embrace the challenge or perish, according to the report titled'AI & Future Of Work: Redefining Future Of Enterprise' by BML Munjal University. Employability with technology continues to be a problem despite India having a large number of higher academic institutions, it added. "There is an expected supply of 7 million people for the Indian technology industry that consists of graduates, PGs (postgraduates), diploma holders and PhDs (but) overall employability is 18 per cent only," the report said.