AI Threatens High-Paying IT Jobs in India, Exposing Growth Vulnerabilities
India's IT sector, a key driver of economic growth, is facing challenges due to AI-driven shifts that reduce demand for high-paying jobs. Hiring in the sector has declined from an average of 230,000 to 170,000 in the financial year ending March 2026, raising concerns about the sustainability of India's growth story. The 'Make in India' initiative has not yet led to a manufacturing renaissance, further highlighting structural issues.
Topics: AI impact economic growth employment India's growth story IT sector Make in India