India Inc Prioritizes AI-Ready Workforce: Major Companies Invest in Upskilling Initiatives

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On Tue, 4 Mar, 4:02 PM UTC

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Indian corporations are heavily investing in AI-ready workforce development, with companies like Wipro, Genpact, and Ericsson leading the charge through personalized training programs and university partnerships.

India Inc's Push for AI-Ready Workforce

In a significant shift towards future-proofing their talent pool, major Indian corporations are prioritizing the development of an AI-ready workforce. Companies such as Wipro, Genpact, and Ericsson are at the forefront of this movement, implementing comprehensive upskilling initiatives to prepare their employees for the AI-driven workplace of tomorrow 1.

Impressive Upskilling Numbers

The scale of these upskilling efforts is remarkable. At Wipro, over 55,000 employees have become advanced AI practitioners, while Genpact reports that 60,000-70,000 of its workforce dedicate 8-9 learning hours each month to new-age skills like AI 1. Ericsson has successfully upskilled more than 30,000 of its 100,000-plus global employees in AI 1.

Personalized Learning Approaches

Companies are moving away from standardized training programs, recognizing the need for customized and collaborative approaches. Wipro, for instance, has launched 35 persona-based learning pathways tailored to specific roles, skill sets, and domains 1. This personalized approach extends to various teams, including developers, engineers, architects, and sales professionals.

Partnerships and Specialized Academies

To enhance their upskilling initiatives, corporations are forming strategic partnerships and establishing specialized academies. Genpact launched the 'Gigaacademy' in January, aiming to cultivate 25,000 AI builders proficient in developing AI solutions 1. The company has also partnered with AdaSci for specialized AI training for entry-level talent 1.

Employee Demand and Retention

According to 'The Workforce Wishlist' survey by upGrad Enterprise, which polled over 8,000 Indian professionals, there is a strong correlation between upskilling initiatives and employee retention. The survey revealed that 42% of respondents are more likely to stay with employers who invest in their development 2.

AI Skills: A Top Priority

The demand for AI skills is evident, with 83% of survey respondents considering them crucial. However, 65% of professionals identify as novices in this area, highlighting the urgent need for upskilling 2. Additionally, 44% of respondents expressed a desire for AI safety training, underscoring the growing awareness of ethical considerations in AI implementation 2.

Beyond Technical Skills

While the focus is primarily on technical AI skills, companies recognize the importance of developing complementary abilities. Ericsson, for example, is emphasizing critical thinking, creativity, and problem-solving skills as part of its AI upskilling efforts 1. This holistic approach aims to prepare the workforce not just for current challenges but also for future uncertainties.

The Road Ahead

As AI continues to transform industries, the introduction of agentic AI is expected to drive further efficiency and innovation. Companies are gearing up for this shift, with Genpact aiming to have almost 90% of its workforce trained and ready for AI-embedded operations 1.

The push for an AI-ready workforce represents a significant investment in human capital, reflecting the critical role of AI in shaping the future of work across various sectors in India and beyond.

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