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    How AI will impact Indian job market and the business: Info Edge CEO Hitesh Oberoi explains

    Synopsis

    AI is transforming India’s job landscape, not eliminating jobs but shifting skill demands, says Info Edge CEO Hitesh Oberoi. He highlights rising AI-driven opportunities, salary disparities, and India's potential to become a global AI talent hub.

    How AI will impact Indian job market and the business: Info Edge CEO Hitesh Oberoi explainsETMarkets.com
    AI is altering job roles and salaries, creating fresh opportunities while pushing India to become a global AI talent hub, says Info Edge CEO Hitesh Oberoi.
    As AI continues to reshape industries worldwide, Hitesh Oberoi, CEO and MD of Info Edge, which operates the job portal Naukri.com, through a series of posts on the social media platform X, has weighed in on how the technology is influencing the Indian job market and their business.

    Oberoi, in his post, has outlined his insights on the evolving employment dynamics driven by AI, the shifting skill requirements, and the emerging opportunities in the AI-driven economy.

    He stressed that the key takeaway is not necessarily a reduction in jobs but a transformation in the nature of work, with new skills gaining prominence.


    For those who are in search of new jobs, Oberoi’s advice was to develop skills that complement AI rather than compete with it.

    “For job seekers, the message is clear: Develop skills that complement AI rather than compete with it. Problem solving, creativity, domain expertise, and AI literacy will be far more valuable than routine skills that can be automated. Continuous learning is no longer optional,” he said.

    Oberoi emphasized that while AI is automating some roles, it is also creating new positions, underscoring that the impact of AI on jobs isn’t uni dimensional.

    He acknowledged that AI could potentially moderate hiring growth in traditional IT services companies, particularly for roles that involve basic application development and testing.

    However, he pointed out that companies will also aggressively recruit for AI implementation, prompt engineering, and domain specialists.

    Addressing the broader market implications, Oberoi said that “Meanwhile, Global Capability Centers are expanding rapidly in India. These aren’t just cost arbitrage centers anymore—they are moving up the value chain and could become innovation hubs with AI at their core. GCCs may grow faster going forward, creating significant new job opportunities”.

    The CEO also underscored a potential shift in the compensation landscape, stating that AI-capable professionals could see 40-70% salary jumps when changing jobs, while traditional roles face wage stagnation. He cautioned that this growing disparity could create a bifurcated job market.

    On the strategic front, Oberoi expressed that "India has a unique opportunity in the global AI landscape." He noted that the country could position itself to become a global AI talent hub provided it rapidly evolves its skill development ecosystem.

    Oberoi highlighted that AI is a horizontal technology impacting multiple sectors, including Healthcare, Education, and Financial services. He added that customer service, operations, and administrative roles face higher automation risk, making sectoral divergence a key consideration.

    In terms of economic outlook, Oberoi outlined that there is a fascinating possibility where India could achieve 6-7% GDP growth with fewer net new jobs due to AI-driven productivity gains.

    "AI could also help us grow faster as an economy and help create more jobs overall,” he further added.

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    Oberoi further stated that “companies won’t just hire differently — they will structure and organise differently." According to him, organizations that adapt their entire operating model will outperform those just implementing AI tools.

    At his organization’s level, he revealed that Naukri.com has launched new AI-powered data products aimed at helping CHROs and talent leaders navigate this shifting landscape. These tools provide unprecedented insights into talent availability, skill trends, and compensation benchmarks in near real time.

    Concluding his remarks, Oberoi said that Info Edge is actively preparing for this transformation by deploying AI to enhance search and matching algorithms across all our platforms, aiming to significantly improve and personalise user and customer experience.

    (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)


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