How India is meeting the global demand for tech talent and innovation

In this episode of businessline’s State of the Economy podcast, Sanjana B speaks with Debashish Bhattacharyya, Chairman of PanIIT Alumni India, about India’s rise as a global powerhouse in tech talent.

Bhattacharyya traces the evolution of India’s IT sector, noting, “We are actually poised at almost the leading edge of the technology… our guys, our people are at the forefront, whether sitting in India or whether sitting outside of India.” He discusses how the country’s shift from basic coding to developing cutting-edge technology is contributing not only to global growth but to India’s own economy.

Reflecting on the changing landscape of India’s role in tech, he adds, “At this point of time, if you look at technology and with generative AI and other things coming in, we find that many of these things, the low-end jobs, are going to be taken over. In fact, today we have software that actually takes design and converts it into optimised software.”

Bhattacharyya also explains why India has emerged as a top destination for global companies, saying, “Cost is definitely one of the factors… but even more than cost, our knowledge of English, our pool of STEM-educated graduates, and our ability to look at larger canvases and drive down to the actual requirement of the application are key contributors.”

He concludes with an insight into the future of tech talent, acknowledging the rapid pace of technological change: “What I learned today is going to be obsolete tomorrow. Unless I keep upskilling… the way of learning is changing, particularly when you are trying to keep abreast or ahead of technology.”

Listen in to know more.

(Host: Sanjana B, Producer: Siddharth MC)

About the State of the Economy podcast

India’s economy has been hailed as a bright spot amid the general gloom that seems to have enveloped the rest of the world. But several sectors continue to stutter even as others seem set to fire on all cylinders.

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