AI won’t steal India’s jobs. It’ll reshape them - The HinduBusinessLineSENSEX 78,428.95 -210.08NIFTY 24,614.90 -159.40CRUDEOIL 7,200.00 -445.00GOLD 142,260.00+ 1,165.00SILVER 221,630.00+ 4,884.00SENSEX 78,428.95 -210.08NIFTY 24,614.90 -159.40NIFTY 24,614.90 -159.40CRUDEOIL 7,200.00 -445.00CRUDEOIL 7,200.00 -445.00GOLD 142,260.00+ 1,165.00'; } document.getElementById("lgdv").innerHTML = htmlElements; } function numberformat(i) { return Number(parseFloat(i).toFixed(2)).toLocaleString('en', { minimumFractionDigits: 2 }) } async function gatherResponse(response) { const { headers } = response; const contentType = headers.get('content-type') || ''; if (contentType.includes('application/json')) { return await response.json() } return response.text(); } function getWidth() { if (Math.max(document.body.scrollWidth,document.documentElement.scrollWidth,document.body.offsetWidth,document.documentElement.offsetWidth,document.documentElement.clientWidth) > 991) { document.getElementById("mob").style.display = "none"; document.getElementById("lgdv").style.display = "block"; } else { document.getElementById("mob").style.display = "block"; document.getElementById("lgdv").style.display = "none"; } } getWidth();]]>Generative AI is set to transform India’s economy by boosting productivity more than displacing jobs, according to a Goldman Sachs report. The report estimates that AI will complement 42-48% of India’s non-agricultural workforce, while only 8-12% of jobs face substitution risk, pointing to augmentation rather than widespread job losses. In its baseline scenario, Gen-AI could lift India’s annual labour productivity growth by 0.4 percentage points, with the potential gains ranging from 0.1 to 0.8 percentage points. AI exposure is highest in knowledge-intensive services such as healthcare, education and financial services, while construction, mining and manufacturing remain relatively insulated due to their reliance on physical work.Published on August 4, 2026Sign into Unlock benefits!Access 10 free stories per monthAccess to comment on every storySign up/Manage to our newslettersGet notified by email for early preview to new features, discounts & offers${ ind + 1 } ${ device }Last active - ${ la }