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 facing human resource shortage


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

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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.

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  Genre: Research Report (0.39)
  Industry: Information Technology (1.00)