RESKILLING
TReDS sees a festive boost; Nykaa’s growth strategy
Happy Friday! Festive inventory demand has lifted invoice financing on TReDS platforms. This and more in today’s ETtech Morning Dispatch.
AI gains fail to cool rising staff costs at Indian IT services firms
Although artificial intelligence (AI) and automation are changing the traditional labour-intensive model of IT services, they have yet to bring down employee costs for the country’s top six IT services companies—Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra and LTM (formerly LTIMindtree).
GCCs ramp up hiring for AI, data, cybersecurity professionals; face talent shortage: Report
India's GCCs are directing a greater share of technology recruitment towards specialists who can deploy AI, manage data and secure enterprise systems, according to the India GCC Tech Talent Landscape - Q2 FY27 Report by staffing and workforce solutions provider Quess Corp.
AI, data, cybersecurity lead tech hiring with 30.3% share in September quarter
In India, the demand for roles in AI, data, and cybersecurity within Global Capability Centers (GCCs) has surged, even amid a slight overall hiring decline. AI and data professional roles saw a 14% increase quarter-on-quarter, while cybersecurity positions grew by 12%. Notably, tier-2 cities like Coimbatore achieved a remarkable 30% growth. By 2030, the GCC workforce in India is projected to reach between 2.7 and 2.8 million.
The changing C-suite: How finance and HR leaders are driving business transformation
CFOs and CHROs are moving beyond traditional responsibilities to become strategic business partners. The discussion explores how finance and HR leaders are navigating uncertainty, driving technology adoption, building organisational resilience and aligning financial and people strategies with sustainable growth.
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Redefining corporate leadership and enterprise growth with CFOs and CHROs
The role of CFOs and CHROs is shifting from basic management to high-level strategy. Today’s business leaders need to stay flexible and bridge the gap between their workforce’s potential and smart financial decision-making to drive real, lasting growth.
AI could wipe out $200 billion of IT services work by 2030: BCG
BCG’s Sreyssha George says Indian IT firms will have to rethink how they price work, hire freshers and pay AI talent, as clients move from paying for headcount to paying for outcomes.
AI led services to generate up to $200 billion in new work by 2030: BCG report
A recent report highlights the transformative impact of artificial intelligence-led services on the job market, predicting significant workforce expansion by 2030. It estimates the global services market will surge from $ 1.6-1.7 trillion to a remarkable $ 2.2-2.4 trillion. To leverage this growth, technology employees must undergo reskilling. Up to 40 new Applied AI roles may emerge, but organizations risk increased expenses by seeking external hires for these specialized jobs.
AI can perform the work of 10 people, says Zoho’s Sridhar Vembu, warns of headcount impact
Sridhar Vembu, the visionary behind Zoho, raises alarms regarding the transformative role of AI on computer-related jobs. He posits that one AI-empowered individual might outperform several workers. While acknowledging impending job cuts, he is optimistic about fresh opportunities opening across different sectors. Vembu also points out the soaring costs tied to AI technologies, urging companies to pivot swiftly.
Why corporate reskilling needs to move beyond training courses
Companies are spending more on employee training as job requirements change, but course completion alone cannot prepare a workforce for new ways of working. Reskilling is becoming a business priority that affects job design, internal mobility, productivity, and how organisations develop talent.
AI could change how young employees start their careers in India: IIT Madras Paper
Artificial intelligence (AI) could reshape entry-level jobs in India by automating routine tasks and changing the responsibilities of junior employees, even when their entire roles are not eliminated, according to a white paper by the Centre for Responsible AI (CeRAI) at IIT Madras.
Silver dividends: How investing in ageing societies can boost growth and cut healthcare costs
As populations age and people work longer, governments can turn longevity into an economic opportunity by investing in accessible infrastructure, reskilling and flexible employment. The proposed “silver multiplier” captures how keeping older people socially and economically engaged can raise output, support entrepreneurship, improve public health and reduce healthcare spending.
IIT Madras to release white paper on AI jobs, global standards and reskilling
IIT Madras will release a white paper on global AI standards, job disruption and reskilling needs, while partnering with The Better India to promote AI awareness across the nation. The Director of IIT Madras has committed to set up large data centres to create a massive awareness about AI.
AI job-loss fears are ‘hogwash’, says Infosys chairman Nandan Nilekani
Nandan Nilekani has expressed optimism about the impact of artificial intelligence on employment in India. He argues that while AI automates certain tasks, it will generate demand for new skills and roles. Nilekani believes the transformation of enterprises will lead to more work for companies like Infosys. He emphasizes the need for businesses to reskill their workforce and adapt to emerging technologies.
Beyond the perfect CV: How AI is changing the search for talent
AI-assisted recruitment can help employers process applications faster and uncover skills they might otherwise miss. Yet screening systems may overlook candidates with unconventional career paths, unfamiliar credentials or experience from smaller cities. The article examines how employers can balance hiring efficiency with fair assessment and a broader search for talent.
India's AI talent demand outstrips supply by over 3.5 times: Report
Bengaluru is expected to need around 1.4 million AI professionals by 2026, with only 400,000 available currently. This talent gap poses challenges for enterprises and Global Capability Centres as AI adoption grows. Shortages in specialized technology roles have led to salary increases between 30 and 35 percent. Organizations are urged to continuously reskill employees to meet future industry demands.
What happens to the apprenticeship model when AI does the easy work?
As AI takes over routine assignments, companies face a question that productivity figures cannot answer: how will young professionals develop the judgment that comes from doing the work themselves?
The auditor is no longer alone. There’s another intelligence in the room
Auditors are increasingly adopting artificial intelligence to enhance the efficiency and accuracy of audits in India. These technological advancements allow auditors to analyze vast amounts of data and detect inconsistencies effectively. AI tools automate repetitive audit tasks, which helps auditors focus on more complex decision-making processes. The role of human judgment remains essential, as AI cannot replace professional expertise in audits.
AI crowds out fresh grads at Wall Street tech hubs in India
The landscape of entry-level employment for Indian graduates is shifting dramatically due to advancements in AI. As machines tackle more mundane tasks, the demand for conventional positions dwindles. This reality compels new graduates to acquire advanced skills for job acquisition. In response, universities are incorporating AI-focused programs to better equip students.
Who owns the bug when AI writes the code?
As AI-generated code becomes more prevalent in software development, engineering teams are confronting a difficult question: who remains accountable when machine-produced code fails in production? The rising adoption of AI coding tools is forcing companies to rethink code review, human oversight, and governance, with software offering an early test of accountability in AI-enabled work.
Future of Knowledge Work: Why AI skills are becoming essential beyond the IT department
As AI enters non-technology roles, employers are beginning to rethink what makes a professional valuable. The challenge is defining the skills that matter before the job itself changes.
India has 12-18 months to get its 6G contributions into global standards: Nokia
India has set a target of contributing to 10% of the global 6G patents, according to the ministry of communications.
India's green economy can support 1.3 crore jobs by 2035 but challenges remain: Report
The report says to build a green workforce at scale, India needs to revise the National Policy for Skill Development and Entrepreneurship, 2015, to integrate green jobs as a core focus and establish a National Green Jobs and Skilling Mission as the implementation mechanism.
Payoneer India Cross-Border Excellence Awards 2026 closes with a blueprint for India’s next export leap
India’s exports hit a record $863.1 billion in FY26, yet the businesses driving that growth rarely share the spotlight. On September 25 in New Delhi, the Payoneer India Cross-Border Excellence Awards 2026, in association with The Economic Times, closed its 2026 cycle with a summit on market access, growth corridors and outbound compliance, and 16 category winners that show what Indian global enterprise looks like today.
AI breaks India’s linear growth model, but campus hiring remains weak: Nasscom’s Rajesh Nambiar
Nambiar said large IT and BPM companies have cut back on campus hiring over the last three years, which is not expected to change while the industry is in the middle of its shift to AI.
AI productivity gains reflecting in salaries would take another 12 months: Wipro’s Jasjit Kang
Wipro’s Jasjit Kang says broad productivity improvements remain elusive as the company looks for stronger AI, problem-solving and learning skills in new hires.
Space-tech’s missing link: The skilled talent powering India’s $100 billion ambition
Space job news: India's space industry is undergoing significant changes, with an increasing presence of private startups contributing to its growth. The government anticipates a boom in the sector, estimating it will reach $100 billion by 2040. However, companies are struggling to find skilled workers with specialized expertise required for various roles. Initiatives to bridge the skills gap include the introduction of SpaceTech courses and enhancing industry-academia collaborations.
Future of Knowledge Work Summit 2026: The Economic Times’ Mumbai summit to explore AI, productivity and the future of work
The Future of Knowledge Work Summit 2026, presented by The Economic Times, comes to Mumbai on November 19, bringing enterprise leaders and knowledge work professionals together to examine how AI, productivity and changing roles are reshaping organisations. The summit will focus on practical questions around technology, leadership, workforce transformation and the future of work.
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