India to Require 1 Million AI Professionals by 2026 Amid $35 Trillion Economic Vision

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India is poised to experience an unparalleled demand for Artificial Intelligence (AI) professionals, with estimates suggesting that a million people with the right skills will be required by 2026. This boom coincides with the nation's ambitious vision of achieving a $35 trillion economy in 2047, as espoused by the Union Ministry of Electronics & IT's roadmap, "India's AI Revolution: A Roadmap to Viksit Bharat".

1. AI Talent Growth and Industry Expansion

The India Skills Report 2024 values the Indian AI market at $28.8 billion as of 2025, growing at a 45% CAGR.
India is currently one of the top five fastest-growing AI talent pools in the world, after Singapore, Finland, Ireland, and Canada.
The number of AI-trained professionals has grown 14-fold between 2016 and 2023, indicating fast-paced technology uptake.

2. Transformation of Engineering Education

The All-India Council for Technical Education (AICTE) has registered a 16% rise in B.Tech seat approvals to 14.9 lakh for 2024–25.
More than 50% growth has been seen in streams such as AI/ML, Data Science, Cybersecurity, Cloud Computing, and Blockchain.
Universities are now moving from STEM (Science, Technology, Engineering, Mathematics) to STEAM, introducing Arts, Psychology, Law, and Business into AI education.

3. Government and Industry Collaboration

The roadmap of the Ministry provokes universities and private universities to align with the needs of the AI industry so that there will be a future-ready workforce.
Institutions such as SRM Institute of Science and Technology are launching interdisciplinary AI courses, connecting medical engineering, embedded systems, and data science.
The Symbiosis Artificial Intelligence Institute (SAII) has been established with the aim of incorporating cutting-edge AI in academic programs and research.

4. Future Outlook and Economic Impact

AI is anticipated to transform productivity, operations, and innovation, which makes AI literacy critical for the economic advancement of India.
The government-supported roadmap focuses on ethical AI development, sustainability, and inclusivity to guarantee India's technological leadership in worldwide tech ecosystems.

Sources: Times Now, The Economic Times, The Times of India, MSN