Business

GenAI Could Transform 38 Million Jobs In India, Boost Productivity: EY Report

EY India’s latest report, ‘How much productivity can GenAI unlock in India? The AIdea of India: 2025’, forecasts substantial economic gains through AI adoption by 2030.

The report predicts that AI could impact 38 million jobs, leading to a 2.61% productivity increase in the organized sector, with the potential for a 5.43% boost if Generative AI (GenAI) is widely adopted in the unorganized sector.

The study, surveying over 125 C-suite executives, highlights a critical skills gap that India must address to harness AI’s full potential.

The report however emphasizes GenAI’s transformative capabilities across job functions, noting that it could automate 24% of tasks and enhance 42% of tasks through AI augmentation.

This would save knowledge workers 8-10 hours per week. While the services sector stands to benefit most from these productivity gains, manufacturing and construction sectors will likely see improvements.

Talent acquisition and development are critical to successful AI adoption, the report suggests.

Only 3% of Indian enterprises have the necessary in-house talent, with 97% of executives identifying talent shortages as a major barrier.

Anand Mahurkar, CEO, Findability Sciences stated, “EY’s report on GenAI transforming 38 million jobs by 2030 underscores the urgency for businesses to adopt innovative AI-driven solutions. At Findability Sciences, we are leading this charge with our latest breakthrough—the Agentic Workflow Engine—alongside Enterprise Forecasting and Business Process CoPilots. These advancements empower organizations to automate workflows, enhance decision-making, and achieve tangible ROI. Our Agentic Workflow Engine exemplifies how GenAI can unlock unprecedented productivity, enabling businesses to not just adapt to change but thrive in the face of it. Together, we are driving the future of work, where AI and human ingenuity converge.”

Also Read: Shobana Kamineni Hails PM Modi’s Leadership In Driving India’s Growth At WEF

Mankrit Kaur

Recent Posts

Delhi Class 12 Student Dies After Setting Herself On Fire At School; Probe Underway

An 18-year-old Class 12 student died after allegedly setting herself on fire at a school…

11 mins ago

India, Russia Aim To Raise Bilateral Trade To $100 Billion By 2030: Envoy

India and Russia plan to increase bilateral trade to $100 billion by 2030 as Prime…

29 mins ago

Priti Adani Calls For Skilled Talent To Strengthen India’s Semiconductor Mission

Adani University President Priti Adani has urged industry-academia collaboration to develop skilled talent and strengthen…

45 mins ago

Phillips, Jacobs Fifties Power New Zealand To 180/5 Against India In Christchurch

Glenn Phillips and Bevon Jacobs scored half-centuries to guide New Zealand to 180/5 against India…

1 hour ago

PM Modi To Visit Uttar Pradesh, Odisha; Inaugurate Key Projects On Sunday

Prime Minister Narendra Modi will visit Varanasi and Bhubaneswar on Sunday to inaugurate a garment…

2 hours ago

CTI Urges Rahul Gandhi To Postpone November 1 Rally Over Diwali Business Concerns

Delhi’s Chamber of Trade and Industry has urged Rahul Gandhi to postpone the November 1…

2 hours ago