India surges ahead of China in business, tech skills - Full-steam ahead (2023)

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    Full-steam ahead

    According to a report by ANI, India has surged ahead of China in business and technology skills due to its growing younger population, the world's largest online learning platform Coursera said on Friday.

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    India surges ahead of China in business, tech skills - Full-steam ahead (3)

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    Skilling India

    In its latest Global Skills Index 2020, it said India ranks 34th within the business domain whereas China ranks 45th. Within the technology domain, India ranks 40th globally whereas China ranks 50th.

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    Impressive numbers

    Looking across the 65 million learners on the platform and drawing on performance data of learners in the past 12 months, the report benchmarks skills proficiency for 60 countries, 10 industries and 11 fields of study in business, technology and data science.

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    Talent surplus

    Coursera quoted a study by Korn Ferry as saying that India will have a talent surplus by 2030, driven by a growing younger working population compared to the ageing population in China.

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    Booming sectors

    By 2030, the talent surplus will be most visible in industries like financial services (with a surplus of 1.1 million professionals), technology, media, telecommunications (with a surplus of 1.3 million professionals) and manufacturing (with a surplus of 2.44 million professionals).

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    India surges ahead of China in business, tech skills - Full-steam ahead (7)India surges ahead of China in business, tech skills - Full-steam ahead (8)

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