AI Is Creating More Jobs Than It Is Cutting in India

Artificial Intelligence (AI) is transforming work environments globally. While concerns persist about AI displacing human jobs, a recent Nomura report presents a contrasting scenario for India, indicating that AI is generating more employment opportunities than it eliminates.

India plays a crucial role in examining AI’s impact on employment due to its status as a prominent technology and business center with numerous global firms operating there. This makes the country a key location for analyzing AI-driven changes in the labor market.

The study tracked AI-related employment trends across Asia from 2022 to August 2026. During this interval, India created approximately 83,100 new AI-focused jobs, whereas around 31,900 positions were lost through layoffs or attrition. This shows that AI job creation has outpaced job losses.

Experts noted that while companies often replace customer service teams with AI-based chatbots, they are simultaneously recruiting thousands of software engineers, AI experts, and IT graduates to develop, maintain, and enhance AI systems, thus opening up numerous roles for skilled workers.

Regional Insights and Sector Impact

Region-wide, the report identified over 130,000 new AI job vacancies and about 60,000 jobs lost, with technology sectors gaining most of the new roles and financial services experiencing the majority of job reductions.

These findings challenge the widespread notion that AI solely reduces job numbers, instead highlighting AI’s role in fostering new careers and boosting demand for technical skills. This trend is already observable in countries like India, China, and the Philippines.

Challenges and Future Considerations

Nonetheless, the report emphasizes the challenge faced by workers displaced by AI who may lack the necessary skills for emerging AI-related roles, underscoring the importance of reskilling and career transitions.

Nomura also clarifies that their conclusions are drawn from news reports and should be viewed as indicative of current trends rather than precise employment data. Overall, the report illustrates AI’s dual impact on the workforce—creating new job opportunities while raising the need for enhanced training and skill development in coming years.

Key Takeaways

  • India has generated significantly more AI jobs than it has lost between 2022 and 2026.
  • Technology sectors lead in new AI employment, while financial services see more job reductions.
  • Growing demand for AI experts and software engineers offsets losses in roles like customer service.
  • Reskilling displaced workers is critical to meet evolving job market demands.
  • Findings are based on news reports and reflect trends, not exact employment statistics.