Will India’s Digital Economy Soar to $1.2 Trillion by 2030 Thanks to AI Innovations?
Synopsis
Key Takeaways
- India’s digital economy is set to reach $1.2 trillion by 2030.
- The AI market may hit $17 billion by 2027.
- AI professionals in India could total 1.25 million.
- Demand for high-value AI roles is rapidly increasing.
- Key cities for AI skill demand include Bengaluru, Hyderabad, and Pune.
New Delhi, Dec 19 (NationPress) India’s digital economy is anticipated to reach $1.2 trillion by 2029–30, fueled by the profound advancements in AI capabilities, according to a report released on Friday.
The analysis from Team Lease Digital indicates that the AI market in India could potentially hit $17 billion by 2027, with the number of AI professionals expected to rise to approximately 1.25 million, representing about 16% of the global AI workforce.
This expansion is being propelled by increases in enterprise AI investments, the establishment of national digital infrastructure, and a robust pipeline of STEM talent. The report mentions that while demand for traditional roles is plateauing, high-value AI positions are rapidly increasing.
Six foundational enterprise-grade AI skills are projected to emerge by 2026, including Simulation Governance (with salaries reaching Rs 26–35 LPA), Agent Design (Rs 25–32 LPA), AI Orchestration (Rs 24–30 LPA), Prompt Engineering (Rs 22–28 LPA), LLM Safety and Tuning (Rs 20–26 LPA), and AI Compliance and Risk Operations (Rs 18–24 LPA).
Globally, as much as 40% of jobs are predicted to be influenced by AI, particularly in sectors like IT services, healthcare, BFSI, and customer experience.
The report highlights that organizations are prioritizing the development of AI capabilities across the enterprise, extending beyond data science to include leadership, operations, risk management, and compliance, with a focus on extensive upskilling and hybrid human-AI workflows.
The highest demand is for enterprise-level AI skills that support governance, trust, orchestration, and scalability, rather than for generic AI roles.
Demand for these skills is particularly concentrated in hubs like Bengaluru, Hyderabad, and Pune, driven by global capability centers, AI-focused startups, and large enterprises within the BFSI, healthcare, and manufacturing sectors.
The significance of mid-level professionals is increasing, as they serve as a vital link between applied AI and governance, orchestration, and the needs of real-world businesses, the report concluded.