GCCs are expanding in the country, with a focus on enhancing their capabilities to support the gen AI ambitions of companies. They establish AI centres of excellence, recruit AI specialists, and adopt agile development practices. Collaboration with academic institutions and startups facilitates knowledge exchange. GCCs have implemented AI solutions for task automation, personalized customer experiences, and predictive analytics.
A lot of complexities mark the job market landscape under the Modi government, indicating a need for a closer examination of both quantity and quality aspects of employment initiatives.
The tourism sector s surge after the Covid-19 pandemic has led to a significant increase in hospitality hiring, with entry-level jobs experiencing the sharpest surge in the last two years. Apprentice and trainee hires have seen a 54% CAGR rise in the last two years, while hiring in the hospitality sector rose by around 271%.
Employers in financial services or organisations where financial responsibility is crucial, might use the services of credit bureaus to screen an applicant’s credit profile for a bird’s eye view of the hire’s financial habits.