Manpower Reduction due to RPA

As we are aware, automation is being increasingly used across the industries. Indian IT industry would probably reduce the manpower by a massive 3 million by 2022. It would help them save $100 million mostly in salaries.

The total manpower employed in the IT sector is about 16 million, of which about 9 million are employed in low-skilled services and BPO roles. Of these 9 million, 3 million or 30 per cent are likely to lose jobs by 2022. It will be on account of RPA or robotic process automation. In all RPA alone will be responsible for the loss of 0.7 million roles and the rest due to other technological upgrades and upskilling.

RPA will have the worst impact in the US with a loss of around 1 million jobs.

Indian IT companies such as TCS, Infosys, Wipro, are planning for a 3 million reduction in low skilled roles by 2022 because of RPA upskilling.

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