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Automation – May alter Indian technology and industry sector?

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Automation results in better productivity. Individuals make mistakes and they’re not always very reliable. Automation practically eliminates error. It increases productivity and allows for better monitoring and control of the processes. Automation isn’t just more efficient but also smarter. 

Will it affect the jobs of India?

Automation has been a major concern when it comes to work and jobs. A report by the International Labor Organization (ILO) stays on automation and employability.

The world is already moving towards the fourth industrial revolution.  The Covid-19 pandemic has only further enhanced its rate. With the quick change in the artificial intelligence, technological landscape, machine learning, cloud computing, IoT, augmented reality, and so on, are certainly going to change the way we work in the future.

“There is a gradual adoption of robots and automation in sectors like automobiles, pharma, IT and ITES, financials…the labour force is changing and it will continue in India for the next several years. You will find demand for new skills…the workers and the management will have to change or help in the transition,” said Rakhi Sehgal, a labour expert who works with unions and academia on labour issues.

This poses a new task for developing countries like India in terms of re-deploying large employees across jobs that are to be impacted by adopting many of these exponential technologies.

The World Bank has advised of massive job cuts in India in the future years. Research based on World Bank data has forecasted that the proportion of jobs threatened by automation in India is 69%, while it is 77% in china and 85% in Ethiopia. “If this is true, and if these countries are going to lose these many jobs, we then have to understand what paths to economic growth will be available for these countries and then adapt our approach to infrastructure accordingly,” World Bank President Jim Yong Kim has said.

“Automation is a reality now. There is no point resisting automation at the workplace. You as a company and as employees have to save your tomorrow and prepare for day-after tomorrow,” Valliappa (chief executive of Bangalore-based tech firm Vee Technologies Pvt. Ltd) said over the phone from his second office in Salem, Tamil Nadu.

“The face of labor will change, and automation, adoption of robots have started making repetitive and assembly line kind of jobs redundant,” he said

The shoot up of artificial intelligence is transforming the job market in a huge way all over the world. But in India, women face higher risk compared to men in the automation industry.

According to a research titled “The future of women at work: Transitions in the age of automation” by McKinsey Global Institute, a major transition in jobs in India over the next 10 years may cause due to automation.

The report highlighted that over 11 million Indian women in the workforce will need to convert their jobs by 2030.

But it is also believed that it may affect to some extent but not totally. It will depend on what kind of automation is being used in an industry.

There are advantages to automation as they increase large productivity with a small amount of time. In India, There are Small & Medium Scale Industries and MNC s too. The approval of automation throws a prospect for companies to advance talent (within the organization) and also allows them to drive more innovation and to raise revenue.

“When computer replaced typewriters in India, it created a multi-billion dollar industry. The automation, similarly is expected to create Rs350 billion industry. A new opportunity is calling all of us,” said Valliappa.

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