<ul><li>India's low labour-cost advantage is under threat due to advancements in technology across developed nations, according to CEA Nageswaran.</li><li>Automation and AI-driven innovations pose a growing challenge to India's labour-cost advantage, as countries like Japan and Europe heavily invest in AI.</li><li>CEA Nageswaran highlights the need to balance technology and labour, defining technology as labour-augmenting rather than labour-displacing.</li><li>While India has strengths in intellectual inputs and software professionals, it must find a balance between AI investment and ensuring employment for its population.</li></ul>

India’s Low Labour-Cost Advantage Under Threat Due To Tech Advancements: CEA Nageswaran

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