IoT, AI to create 3 mn jobs in rural India

Internet of Things (IoT) and Artificial Intelligence (AI) based applications will create over 2.8 million jobs in rural India over a period of 8 to 10 years, with an annual value of INR 60,000 crore, a study by Broadband India Forum (BIF) has shown.

Out of these 2.8 million jobs, at least 2.1 mn jobs will be created for the agriculture sector, while the other 700,000 jobs will be in the rural healthcare sector, stated the study done by BIF, in consultation with the Electronics Skill Council of India, the Agriculture Skill Council and the Healthcare Sector Skill Council.

“These jobs will be created over next 810 years and the pace and quantity of job creation is likely to further increase post 2021-22, once 5G technology is implemented,” it said.

The study highlighted that key applications such as satellite mapping, electronic market place, livestock traceability, climate sensing stations, product traceability, and agriculture drones have the potential to transform the agriculture sector.

“These applications will help create smart farms and will bring a lot more predictability in agriculture output which, in turn, will help improve the incomes and lives of farmers,” it said.