{
  "id": 275100,
  "title": "AI creating more jobs in India than cuts: Nomura report",
  "url": "https://urgent.news/2026/08/07/ai-creating-more-jobs-in-india-than-cuts-nomura-report",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-07T15:41:36.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/business/india-business/more-hirings-than-firings-nomura-report-tests-ground-zero-says-ai-creating-more-jobs-in-india-than-cuts/articleshow/133036953.cms"
  },
  "original_language": "en",
  "account": "Artificial intelligence is creating more jobs than eliminating them in India, according to a recent Nomura report. The country, known for being the global back office for multinational companies, is becoming a key indicator of AI's impact on employment. Nomura economists Sonal Varma and Si Ying Toh found that AI-driven recruitment is responsible for more jobs in India than job losses. During the study period between 2022 and August 2026, India added 83,100 AI-related jobs while losing 31,921 positions through layoffs and attrition. The report suggests that most firings involve support teams replaced by chatbots, while hiring is driven by IT-services graduates. The analysts note that this creates a two-tier labour market, where entry-level jobs are weakening, but experienced professionals with business operation knowledge are in demand. Across Asia, AI-related recruitment reached 130,758 positions during the same period, with technology accounting for more than 90% of those hires. Around 60% of the 60,654 jobs lost were in the financial services sector. Despite the broad labour market impact, the report indicates that the distribution of AI's effect is uneven, and displaced workers usually do not transition to AI engineering roles, masking distributional pain. Infosys co-founder and chairman Nandan Nilekani believes AI will bring significant productivity and inclusion gains to India over the next decade, particularly in applied AI that can be deployed at scale to benefit a billion Indians.",
  "summary": "According to the report by Nomura Holdings Inc, AI-driven recruitment continues to be more than job losses in the country. Given the country's vast workforce, India is experiencing the \"largest absolute impact\" of AI across layoffs, hiring freezes and recruitment.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}