The global megatrends such as rapid urbanisation, demographic shifts, and shift in global economic power, political shifts and technology are influencing the way business is run. Technology (automation, artificial intelligence, among other components of Industry 4.0), in particular, is transforming the workplace, nature of work and skill requirements. There will be a significant reduction in the number of rule- and routine-based jobs due to increased human-machine interaction and the availability of adaptive and intelligent technology.
PwC has launched a knowledge paper in collaboration with FICCI Rajasthan State Council on the relevant skills required for a future buoyant Indian economy. Some of the key takeaways from the report are:
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