There was 28-30% growth in the demand for Artificial Intelligence (AI), blockchain, Machine Learning (ML) and Cyber Security talent in India during the third quarter of 2023, reports The Business Standard, citing research from Michael Page India. "As AI continues to transform various sectors, companies are seeking top talent to harness the potential of this technology. The demand remains high for experienced talent at mid to senior levels," said Pranshu Upadhyay, Regional Director of Michael Page India.

Demand remains high for experienced talent at the mid to senior level. Observing the job posting volumes on the Michael Page India website, a significant surge in demand, ranging from 28% to 30%, was seen in Q3 2023 compared to Q1 and Q2. "A noticeable shift is observed in the definition of a Chief Technology Officer (CTO), emphasizing visionary qualities and forward-thinking perspectives. A modern day CTO is not expected to just execute but ideate as much," Upadhyay said.

Upadhyay further said that even at mid/junior level, soft skills such as good communication and interpersonal abilities are gaining prominence, underscoring the holistic approach required in the tech industry.