{"id":25770,"date":"2023-12-21T05:52:01","date_gmt":"2023-12-21T05:52:01","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2023\/12\/21\/wheebox-unveils-india-skills-report-2024-impact-of-ai-on-the-future-of-work-skilling-mobility\/"},"modified":"2023-12-21T05:52:01","modified_gmt":"2023-12-21T05:52:01","slug":"wheebox-unveils-india-skills-report-2024-impact-of-ai-on-the-future-of-work-skilling-mobility","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2023\/12\/21\/wheebox-unveils-india-skills-report-2024-impact-of-ai-on-the-future-of-work-skilling-mobility\/","title":{"rendered":"Wheebox Unveils India Skills Report 2024: \u201cImpact of AI on the Future of Work, Skilling &amp; Mobility\u201d"},"content":{"rendered":"<div>\n<p>Wheebox Unveils India Skills Report 2024: \u201cImpact of AI on the Future of Work, Skilling &amp; Mobility\u201d<\/p>\n<p><strong>Gurugram (Haryana) [India], December 21<\/strong>:\u00a0Wheebox, a leading firm in remote proctored assessments and consulting services, today released the \u2018India Skills Report 2024\u2019, spotlighting the transformative impact of Artificial Intelligence (AI) on the nation\u2019s workforce under the theme, \u201cImpact of AI on the Future of Work, Skilling &amp; Mobility.\u201d This eleventh edition, based on the extensive Wheebox National Employability Test (WNET) with 3.88 lakh participants and insights from 152 corporations, unfolds key highlights that underscore India\u2019s leadership in the AI domain.<\/p>\n<p>The extensively insightful report reveals that India boasts a global leadership position in AI skill penetration and talent concentration, earning an impressive score of 3.09. With an installed talent base of 416K AI professionals as of August 2023, the nation is well-poised to meet the current demand of approximately 629K, a figure expected to surge to 1 million by 2026.<\/p>\n<p>The WNET employability survey in the India Skills Report 2024 reveals nuanced trends and demographic transformations among the nation\u2019s employable youth, offering profound insights into their evolving expectations. In India, the overall young employability has improved to 51.25% over the previous year. Among states with large talent pools,\u00a0<a>Haryana, Maharashtra, Andhra Pradesh, Uttar Pradesh, Kerala, and Telangana have the highest concentration of highly employable youth.\u00a0<\/a>Specifically, Haryana leads with 76.47% of test takers scoring 60% and above on the WNET. In the age range of 22 to 25 years, Uttar Pradesh stands out with the highest talent concentration at 74.77%, followed closely by Maharashtra at 71.97%. Additionally, the overall employability rate within this age group across the top 10 cities is 63.58%. These findings underscore the regional variations and demographic factors influencing the employability landscape in India.<\/p>\n<p>According to Mr. Nirmal Singh, Chief Convenor of India Skills Report, and Founder and CEO, Wheebox, \u201cToday, as we unveil the India Skills Report 2024, I extend my deepest gratitude to all who contributed to this insightful exploration of our nation\u2019s AI landscape. India\u2019s potential to lead the global AI revolution is evident in the significant strides we\u2019ve made, coupled with the vibrant IT landscape that defines us. Navigating this transformative journey requires addressing challenges with a focus on inclusion. Collaborative efforts among government bodies, businesses, and educational institutions are paramount, as witnessed in successful youth upskilling initiatives and advancements in our digital infrastructure.\u201d<\/p>\n<p>He further added, \u201cInvesting in AI extends beyond technology; it signifies our commitment to a more inclusive and prosperous future. India\u2019s allure for foreign investments in IT and business catalyses our dreams of a digital tomorrow. The AI revolution is our call to shape a people-first economy, lead in innovation, and pioneer a future where technology and humanity harmoniously coexist. The government\u2019s commitment to AI-driven economic transformation is evident through proactive initiatives like the AI Task Force and NITI Aayog\u2019s \u2018National Strategy for AI.\u2019\u201d<\/p>\n<p>With Technology evolving so rapidly, the true differentiator in learning science is how it is applied and amplified through personalization, analytics, intuitive interpretations, and actionable insights which cannot be achieved without AI. As the largest assessment organization globally, ETS is extremely excited with the focus on AI in the India Skills Report 2024\u201d said Sachin Jain, Country Manager ETS India and South Asia.<\/p>\n<p>Talking on the launch, Devashish Sharma, founding member and CEO at Taggd, ISR\u2019s knowledge partner said, \u201cYear 2024 will see more and more companies investing in their upskilling initiatives. With new roles across segments getting added to the hiring mandate across industries we will see companies investing in early careers programs. Almost one out of six hires will be in the early careers segment.\u201d<\/p>\n<p>ISR 2024 extends beyond skilling initiatives to assess the employability of India\u2019s youth, emphasizing industry readiness for an AI-powered future. Institutional leadership is categorized into focus areas, highlighting best practices for the next generation of professional development. <a href=\"https:\/\/wheebox.com\/assets\/pdf\/ISR_Report_2024.pdf\">https:\/\/wheebox.com\/assets\/pdf\/ISR_Report_2024.pdf<\/a><\/p>\n<p>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Wheebox Unveils India Skills Report 2024: \u201cImpact of AI on the Future of Work, Skilling &amp; Mobility\u201d Gurugram (Haryana) [India], December 21:\u00a0Wheebox, a leading firm in remote proctored assessments and consulting services, today released the \u2018India Skills Report 2024\u2019, spotlighting the transformative impact of Artificial Intelligence (AI) on the nation\u2019s workforce under the theme, \u201cImpact&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/dailynewsindia.co.in\/index.php\/2023\/12\/21\/wheebox-unveils-india-skills-report-2024-impact-of-ai-on-the-future-of-work-skilling-mobility\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Wheebox Unveils India Skills Report 2024: \u201cImpact of AI on the Future of Work, Skilling &amp; Mobility\u201d&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":25771,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-25770","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/25770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=25770"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/25770\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/25771"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=25770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=25770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=25770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}