Bengaluru, 24 June

While India averages 85 per cent, nearly 87 per cent of professionals in Bengaluru and Chennai have expressed their intent to invest in upskilling in FY25, according to a report released by an ed-tech company on Monday.

The report has also identified that the intent to upskill among freshers has increased by eight percentage points, standing at 83 per cent this year as compared to 75 per cent in FY24.

Great Learning, a global ed-tech company, has released the report - 'Upskilling Trends Report 2024-25.' "Among key sectors, the intent to upskill in FY25 was highest among professionals from manufacturing, engineering, capital goods, and BFSI. Data science, AI and machine learning emerged as the most preferred domains professionals are looking to upskill," said Hari Krishnan Nair, co-founder of Great Learning.

According to the report, nearly 79 per cent of the surveyed professionals – and 92 per cent of those with over 17 years of experience – cite upskilling as crucial for career growth.

The report has also identified that amid tech disruptions and macroeconomic situations, confidence among Indian professionals to retain their jobs also sees a notable decline.

The percentage of people expressing confidence has plummeted to 62 per cent -- a nine percentage point drop from the previous year, stated the report. Last year, 71 per cent of professionals expressed confidence in job retention.

Also, according to the report, only 29 per cent of entry-level professionals are confident about retaining their jobs. -PTI