📺 Stream EntrepreneurTV for Free 📺

Employees With Advanced Digital Skills Contribute $507.9 Billion To India's GDP: AWS Report The workers' digital caliber reported 92% higher salaries compared to those with a similar education who do not use digital skills at work

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pexels

A report by Amazon Web Services (AWS), the cloud arm of the e-commerce giant, has revealed that employees in India who use advanced digital skills, including cloud architecture or software development, contribute an estimated $507.9 billion to India's annual gross domestic product (GDP).

According to the research titled 'Asia Pacific Digital Skills Study: The Economic Benefits of a Tech-Savvy Workforce', stated that workers' digital calibre reported 92% higher salaries compared to those with a similar education who do not use digital skills at work.

In addition, it is also found that advanced digital workers in India are benefiting from more than just a boost in their income. Moreover, 91% of workers who use advanced digital skills to express higher job satisfaction, compared to 74% of workers with intermediate skills and 70% of workers with basic digital skills.

The study classifies basic digital skills as the ability to use email, word processors, other office productivity software, and social media. Intermediate digital skills include drag-and-drop website design, troubleshooting applications, and data analysis. Advanced digital skills include cloud architecture or maintenance, software or application development, artificial intelligence (AI), and machine learning.

Looking at the prevalence of digital channels around the world, digital skills have become inevitable for all kinds of market niche be it entry-level call center jobs to the high skills jobs in IT, Data and Analytics.

According to a previous report available by AWS, it is stated that India will need 9 times more professionals with digital skills by 2025. The recent G20 summit also highlighted digital upskilling and reskilling as a global priority. It is also said that as the Indian economy continues to grow and the number of digital services and opportunities increases, digital literacy is becoming a crucial skillset, especially when it comes to access to new employment opportunities.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
News and Trends

Venturi Partners Invests USD 27 Mn in K12 Techno

Along with Livspace, Country Delight, Believe, Pickup Coffee, and DALI, K12 Techno will become a part of Venturi Partners' portfolio of consumer-focused investments in India and Southeast Asia.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Starting a Business

How to Navigate Today's Complex Entrepreneurial Landscape — 4 Strategies for Success

How to navigate today's fertile yet complex entrepreneurial environment and find a scalable, sustainable business idea that resonates with your vision and aligns with shifting consumer preferences.

Starting a Business

Ask Co-Founder of Netflix Marc Randolph Anything: How to Watch

How to watch the new live streaming episode of 'Ask Marc' on May 9th at 2 PM ET.

Business News

Bankrupt Crypto Firm FTX Is Going to Pay Customers Back in Full — Plus Interest

A majority of customers would get at least 118% of their money back under a proposed plan, as the company now has up to $16.3 billion in cash to use.