Einar H. Dyvik
Research expert covering Nordics and global data for society, economy, and politics
Flexible work in India - statistics & facts
The Indian economy, while being recognized as one of the fastest growing economies in the world, is on a rapid growth trajectory. The global fourth industrial revolution has brought with it the uncompromising need for industries to effectively respond to and realign their organizational strategies relative to the use of next-gen digital technologies and AI, nature of employment and upskilling, and hybrid work models. Studies suggest that by 2030, automation is projected to render nearly 70 percent of jobs in the formal sector obsolete. On the other hand, technology-driven innovations, if leveraged effectively, point to sustainable job creation for approximately 90 million workers.
