India needs 30 million digitally skilled professionals by 2026: Report

India will need 30 million digitally skilled professionals by 2026, and about 50 per cent of the current workforce would require to re-skill themselves in areas of emerging technologies, a new report said on Friday.

Currently, India has about 500 million people of working age, and industry data suggests that only 49 per cent of total youth (age group of 22-25 years) in the country is employable, according to employment services provider TeamLease.

“Our own survey have indicated that 75 per cent of companies face a skill gap in the industry. Even among people, who can stay in their current jobs, 40 per cent of fundamental abilities are likely to change and thus re-aligning the skill strategy will be crucial for companies,” said Rituparna Chakraborty, Co-Founder & Executive Director, TeamLease Services.