Story perspectives

AI Automation Threatens 3 Million Indian IT Jobs by 2031

3/30/2026

Summary

Story summary

Automation and artificial intelligence disrupt traditional job sectors in India, especially IT, where about 3 million jobs may vanish by 2031.
India's middle class, comprising 40 million taxpayers, faces living costs that outpace income growth.
Graduates from the Indian Institute of Technology Bombay (IIT Bombay) are experiencing lower salaries and rising unemployment.
Nearly half of families have taken personal loans to cover basic needs, leaving the middle class politically unrepresented.

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Story summary

Automation and artificial intelligence disrupt traditional job sectors in India, especially IT, where about 3 million jobs may vanish by 2031.
India's middle class, comprising 40 million taxpayers, faces living costs that outpace income growth.
Graduates from the Indian Institute of Technology Bombay (IIT Bombay) are experiencing lower salaries and rising unemployment.
Nearly half of families have taken personal loans to cover basic needs, leaving the middle class politically unrepresented.