India Job Market by 2022: The next wave of employment - IFTDM

India Job Market by 2022: The next wave of employment

  • A joint report by FICCI and NASSCOM stresses on the changing hiring environment, which would soon require completely different skill sets. According to the report, the internet and exponential technologies are creating new employment opportunities in the areas of ‘white-collar’ working, also known as the gig economy. Apart from software developers, creative and multimedia professionals, online sales and marketing professionals, writers, translators and data entry operators, the new skills required will be logistics, warehousing, web and app designing, systems integration, customer service, big data and machine learning.
  • Anurag Malik, partner, people and organization, advisory services, EY, says, ” New business models such as e-commerce and mobile-based e-retailing are increasingly becoming popular in India across tier I, II and III cities. The impact of this growth is already visible on the job market.”
  • The EY report, based on a survey, has identified 12 megatrends that would lead the way for future jobs in 2022. These include topics like the level of Indian exports, rapid adoption of technologies in the advanced markets and its impact on off-shoring, the changes in the overseas job market for Indian workforce and the level of foreign investments, among others
  • Some of the threatened jobs in the sector are cashier, inventory associate, sales representative and stock boy. The maximum impact of adoption of technology on jobs will be felt in warehouse management, the report noted. Future job opportunities will be higher in the roles of: VFX Artist, Computer Vision Engineer, Wireless Network Specialist, Embedded System Programmer, Data Scientist, Data Architect, AI Research Scientist, Automobile Analytics Engineer, 3D Printing Technician, Vehicle Cybersecurity Expert, Sustainability Integration Expert etc.

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