According to a recent report from TeamLease Digital, the AI industry in India currently has 45,000 job openings, with starting salaries for freshers between 10 to 14 lakhs per year. This report comes as AI products gain momentum worldwide, with widely available services such as ChatGPT, Dall-E, Bing AI, and Midjourney. The report identifies the various sectors with high demand for AI professionals, including healthcare, education, banking, manufacturing, and retail. It also emphasizes the need for upskilling and investing in AI skills, given the industry’s continuous expansion.
TeamLease Digital’s research shows the expected salaries for freshers in various technology roles in India:
- Data engineers can earn up to Rs 14 lakhs per annum
- ML engineers up to Rs 10 lakhs, data scientists up to Rs 14 lakhs
- DevOps engineers up to Rs 12 lakhs
- Data architects up to Rs 12 lakhs
- BI analysts up to Rs 14 lakhs, and database admins up to Rs 12 lakhs
Furthermore, the report highlights the growing importance of upskilling with AI skills for career growth and employability. In today’s job market, where automation and AI are transforming various industries, having a basic understanding of AI and its applications can give job seekers a competitive edge. Developing AI skills can lead to higher-paying job opportunities and help individuals stay relevant and adaptable in an ever-changing job landscape.
According to a survey by TeamLease Digital, 37% of organizations prefer to equip their employees with relevant tools to build an AI-ready workforce, while 30% of organizations consider AI learning initiatives as mandatory to unlock hidden talents in their workforce. The survey also found that 56% of organizations are taking necessary initiatives to fill the AI demand-supply talent gap, and most employees share their employers’ sentiments.
As per the report, data scientists and ML engineers are highly sought-after professionals in the field of AI. The report underscores the significance of upskilling and lists the essential skills required for a career in AI. With the rising emphasis on scalable ML applications, there is a growing demand for AI professionals proficient in scripting languages. Building traditional ML models is currently the most crucial skill required for a career in AI.
