In an era dominated by digital transformation, businesses worldwide are embracing the power of artificial intelligence (AI) to stay competitive and foster growth. As a professional deeply entrenched in AI development in India, I have witnessed the remarkable strides that every top AI development company in India has taken to reshape the business landscape. In this blog, I will delve into how every top AI development company in India plays a pivotal role in helping businesses survive and thrive in an increasingly complex and dynamic market.

According to a recent survey by LinkedIn, the rapid advancement of AI is prompting nearly 94% of companies in India to upskill their employees. The report states that to thrive in the AI era, companies must empower everyone to grow. Tomorrow’s success requires skills agility—harnessing the right skills at the right time for the right work.

To unlock skills agility for their organizations, L&D pros must first let go of time-consuming tasks of the past — like labouring over custom content and lengthy training sessions. AI holds great promise for personalization, allowing more individuals to chart their professional destinies.

Likewise, career development and internal mobility programs that align individual aspirations with organizational business priorities represent the path to accelerated progress. 

In this context, big companies in India are making progress in upskilling Indian engineers and developing AI in the country.

MeitY collaboration

Microsoft recently unveiled a significant skilling initiative in India, aiming to equip 2 million people with AI skills by 2025. The ADVANTA(I)GE INDIA initiative is part of Microsoft’s Skills for Jobs program, designed to empower India’s workforce with skills that are future-ready. The initiative is part of Microsoft’s commitment to accelerating India’s AI transformation. The skilling initiative is aligned with the company’s responsible AI principles, and training will be delivered in partnership with governments, nonprofit and corporate organizations, and communities.

To deliver ADVANTA(I)GE INDIA, Microsoft will partner with India’s Ministry of Skill Development and Entrepreneurship and ten state governments to provide basic and advanced AI training to 500,000 students and job seekers in 100 rural vocational education institutions and training centres. This will expand on Microsoft’s collaboration with the ministry to train young people in digital and cybersecurity skills.   

In addition, Microsoft will provide in-depth AI technical skills training for 100,000 young women through 5,000 trainers at higher education institutions in Tier 2 and Tier 3 cities. This will be achieved by making Microsoft’s AI Trainer Toolkit Guide available for trainers and strengthening skilling programs for women in cloud, AI, and cybersecurity with AI credentials. Microsoft will also provide access to Azure AI services to build tech solutions and foster industry collaborations for mentorship, internships, and jobs. 

National Programme for Civil Service Collaboration

The National Programme for Civil Service is strengthening its partnership with Microsoft, equipping 250,000 government officers with essential knowledge of generative AI and increasing their AI fluency. 

This partnership will help enhance the productivity of government officers and transform digital governance in rural India. It will also build capabilities for investments in the next generation of AI-enabled citizen services, meeting citizens where they are located.  

Goldman Sachs initiative

To investigate the potential applications of generative artificial intelligence (GenAI) in its companies, American investment firm Goldman Sachs has established a centre in India to train engineers and non-engineers.

Since 2006, Goldman Sachs has invested over $7 billion in India. Starting as a support function, the Indian operations have now become the second largest for Goldman Sachs globally. 

The school was piloted in mid-2023, during which the global financial services central trained employees across asset and wealth management, risk management, international banking, and market functions. 

Gunjan Samtani, global chief operating officer of engineering at Goldman Sachs, stated that in 2024, they aim to train over 1,000 non-engineering business users across Bengaluru and Hyderabad offices in India. They include individuals across operations, controllers, treasury, sales, research and investment banking.

AI is reshaping how businesses operate, from revolutionizing customer experience to optimizing operations and transforming marketing strategies. As a witness to this transformative journey, I am optimistic about the future, where the synergy between AI and business will continue to foster growth, competitiveness, and innovation on a global scale. The journey has just begun, and the best is yet to come.