Wednesday
April 3
2019

Report: Digital economy will create over 60 million jobs in India by 2025

By Narayanan V

At a time when technologies such as artificial intelligence (AI) are feared to render millions of humans jobless, a recent report from McKinsey Global Institute (MGI) says that digital economy has the potential to unlock productivity and would create 60-65 million new jobs by 2025.

The report, ‘Digital India: Technology to transform a connected nation’, estimates India’s labour force to grow to 545 million by 2025, from 480 million in 2017, aided by core digital sectors, newly digitising sectors, government services and labour markets, thereby creating economic value.

Photo courtesy of Jan Arendtsz.

Source: Business Line (link opens in a new window)

Categories
Technology
Tags
artificial intelligence, digital revolution, digitization, emerging markets, employment, jobs