Recent survey conducted by Michael Page India suggested most Indian professionals (87 percent) saw the process of automation at the workplace will have a positive impact on their current work circumstances, while the other 78 percent expressing confidence in their future job prospects.
According to the India Automation report, although there remains market reports indicating the fear that automation would take over jobs, a majority of the professionals surveyed were optimistic that the new tech will retain their employment.
Michael Page India Managing Director Nicolas Dumoulin said that India has embarked on a journey of transformation to become a digital and innovation hub, through various initiatives such as Digital India and Skill India, Money Control reports.
The government is determined to build an integrated learning platform in order to upskill the workforce at different career stages. This commitment is crucial in mitigating such employment risks that might be brought by automation, Mr Dumoulin said.
The report surveyed 1,034 Indian professionals across industries, such as banking and financial services (17 percent), engineering and manufacturing (11 percent), finance and accounting (11 percent), and healthcare and life sciences (10 percent).
See: Finance Staff to Adapt to Automation and Upgrade Skill Sets at Work: Survey
Respondents were realistic about the possible changes and challenges brought by the coming of automation. 85 percent were planning the acquisition of new skills to stay abreast of the latest development in their respective industries.
Additionally, regarding to the wake of automation, respondents expect the data security (38 percent), e-commerce (28 percent), financial technology (25 percent) and mobile communications (9 percent) industries to be the greatest job creators.
The study also revealed that among the benefits of automation and robotics in the workplace include increased speed (27 percent), work accuracy (24 percent) and higher cost-efficiencies (24 percent).
“Corporates embracing automation will open doors for newer skilled force at the strategic and entry levels. As we head towards 2030, there will be a paradigm shift towards the next digitisation revolution, where the demand for additional speed and power to produce more will grow,” Dumoulin said.
He suggested that organisations will play a key role in encouraging their talent to adapt to the new digital changes.
“The workforce needs to be armed with innovative tools and training to empower themselves in the new digital world,” he added.
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