News in Short
-India ranks 25th globally in the QS World Future Skills Index.
-Secures the second-highest score globally in Future of Work (99.1), just behind the US.
India is charging ahead in the race for future skills dominance! The QS World Future Skills Index places India among the world’s top nations, excelling in readiness for the most in-demand skills of tomorrow. Ranked 25th overall, India clinches an impressive second place globally in the Future of Work category, scoring a near-perfect 99.1—just behind the US!
India’s unmatched ability to attract venture capital, even in tough times, and its vibrant workforce ready to embrace cutting-edge technologies like AI, digital, and green tech make it a formidable global contender.
From driving innovation to leveraging its youth-driven population, India is shaping the future of work like never before.
How the QS Index Measures Future Readiness
The QS Index evaluates countries based on:
- Skills Fit: Alignment between education systems and industry demands.
- Academic Readiness: Ability to provide future-oriented skills.
- Future of Work: Readiness of job markets for in-demand roles.
- Economic Transformation: Capacity to harness skills for industrial growth.
India demonstrates robust potential but requires improvements in aligning higher education with emerging trends in AI, green technologies, and sustainable practices.
Growth in Indian Higher Education
Despite Indian universities’ strong global rankings, the report identifies gaps in equipping graduates with digital, AI, and green skills. This calls for enhanced collaboration between academia and industries to meet employers’ evolving needs.
India’s Rising Economic and Demographic Advantage
According to Matteo Quacquarelli, QS Vice President of Strategy and Analytics, India’s booming GDP growth, youthful population, and thriving startup ecosystem are paving the way for global leadership. Unlike aging populations in other countries, India’s demographic dividend offers unique opportunities for sustainable growth and innovation. Between 2025 and 2030, India’s economy is projected to grow at an average rate of 6.5% annually, further solidifying its competitive edge.
Bridging Gaps to Lead in Future Skills
To maintain its momentum, India must address challenges in integrating industry-focused research, aligning education policies with global standards, and fostering skills in AI, digital, and green technologies. The 2020 National Education Policy (NEP) has already recognized these areas, emphasizing adult education and skill development.