GenAI To Transform 3.8 Cr Jobs In India By 2030: EY

The Generative AI (GenAI) adoption is projected to transform at least 38 million (3.8 crore) jobs in India by 2030, driving a 2.61 per cent productivity boost to the economy through gains in the organised sector and additional 2.82 per cent with the adoption of GenAI by the unorganised sector, a report said on Tuesday.

At least 24 per cent of tasks across industries have the potential for full automation, while another 42 per cent can be enhanced through AI, freeing up between 8-10 hours per week for knowledge workers,” according to the EY India report.

GenAI is poised to transform every job, unlocking immense potential for productivity and economic gains. “This revolution will fundamentally reshape jobs, driving productivity and innovation. Building talent pipelines and prioritising upskilling must be at the forefront of every organisation,” said Rajiv Memani, Chairman and CEO, EY India.

By fostering public-private collaborations and investing in talent development, India can also become a global hub for AI skilled talent, he added.

The report stated that at an industry level, the largest productivity gains are expected in the services sector due to its higher labour share to gross output while manufacturing and construction will see smaller impact.