Goldman Sachs says India is less likely than many other countries to experience widespread job losses from artificial intelligence, though some types of work—particularly in parts of the services sector—could be affected. Chief India economist Santanu Sengupta says the overall labor market impact is expected to be limited.
In support of that view, Goldman points to the composition of India’s workforce. Construction and retail trade together account for roughly 40% of employment, and Goldman characterizes those areas as not being significantly impacted by AI currently. Other roles may still face changes as automation spreads, but the immediate risk to jobs is described as uneven rather than broad-based.
Across the two outlets, the core message is consistent: India’s exposure to AI-driven job displacement appears lower than elsewhere, with potential effects more concentrated in certain service-sector functions rather than across the economy. Neither source provides detailed national unemployment forecasts, timing for job displacement, or specific occupations beyond the general services-related possibility.
