(a) This sector employs 42.5 lakh Indians directly and has created over twice as many jobs indirectly in other fields.
(b) Automation would then replace entry-level jobs, denying jobs to college-leavers, and lead to the retrenchment of mid-level professionals who couldn’t remain relevant via constant reskilling.
(c) The landscape of the $150-billion IT sector, one of India’s largest job-providers, is changing fast, owing to technological advances in automation and robotics.
(d) But it is gradually moving away from the linear growth model, with rise in revenue matching net employee addition, to a non-linear one where income growth is independent of additional hiring.
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