MUMBAI: Shortage of qualified talent in the country has left over 4,000 mid and senior-level job positions vacant in the artificial intelligence (AI) sector, a study said Monday.
Also, around 57 per cent of firms hiring for AI roles are looking for candidates with over five years of experience, while the average AI experience of Indian professionals stands at a mere three years, the study by Analytics India Magazine, in association with Great Learning, an online education firm for working professionals, said.
“The AI industry has grown by close to 30 per cent in the last one year to USD 230 million. Yet, over 4,000 positions in India remain vacant due to shortage of qualified talent at the mid and senior level,” the study said.
These opportunities do not include new jobs that are advertised every month but refers to opportunities that have been vacant for a period of 12 months, it added.
“This supply-demand gap indicates huge opportunity for mid and senior-level professionals across industries like IT, finance, healthcare and e-commerce, who are looking to transition into AI, over the next few years,” it said.
When it comes to remuneration, according to the study, the median salary of AI professionals in India is Rs 14.3 lakh across all experience level and skill sets.
Nearly 40 per cent of AI professionals have an entry-level salary of Rs 6 lakh onwards, while around 4 per cent command a salary higher than Rs 50 lakh, reflecting the massive demand for mid and senior-level AI talent in the country, it said. (AGENCIES)
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