Digital transformation to contribute $154 bn to India’s GDP by 2021

As the world races towards digitalisation, India’s prowess in Information Technology (IT) has put it in a sweet spot.

According to a recent report from online skilling provider Simplilearn, digital transformation of industries will contribute $154 billion to India’s GDP by 2021 and will create thousands of high paying jobs. What are the most in-demand skills? Data scientist, artificial intelligence engineer, cloud architect, cyber security expert, and digital project manager make the top 5 list, with median salaries starting at Rs 1.5 million and going up to Rs 3 million.

Evolving technologies are now integral to modern living and this digital transformation is altering the business environment as well. Businesses are adapting and evolving, putting technology to use to improve efficiencies, keep pace with consumer expectations and foster innovation.
Research conducted by Microsoft and International Data Corporation (IDC) shows that digital transformation will add an estimated $154 billion to India’s GDP by 2021, as well as increase the growth rate by 1% annually.
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