JobsForGood.com

News

Back

Good news for Indian techies; hiring to pick up in next two quarters

Wednesday, October 24th, 2018

With Indian IT companies like TCS and HCL Tech on a hiring spree, it seems that good days are back for IT professionals in India. Hiring is expected to pick up between October 2018 and March 2019, as per an Employment Outlook Survey by Experis IT. 

This improvement in hiring activity over the next two quarters signals a recovery phase for Indian IT companies, a lot of which is fueled by some of these companies bagging large IT deals. 

The job market has been sluggish in the last two months. As the more and more companies establish their development centers in India, IT hiring will further pick up pace. The survey indicates positive hiring sentiment among top IT firms in the country. 

A lot of this spike in demand for techies would be driven by non-IT companies. It comes as no surprise that even legal and education sector is looking to hire software engineers

The ongoing push for digital transformation will further create IT employment opportunities over the next two quarters. The survey reveals how companies are now looking at building teams for digital transformation. 

Large companies will need to boost their capabilities in software development and quality assurance and would need to hire resources with expertise in emerging technologies like artificial intelligence (AI), machine learning (ML), and data science. Emerging technologies will continue to be the major employment generators for large companies. 

The H-1B visa issue continues to be a major roadblock in the hiring plans of top IT firms that are heavily reliant on business from the US. Top Indian IT companies like Infosys and TCS are now looking to increase the hiring of local talent in the US. 

The Experis IT report also highlights the kind of employees that Indian firms are looking to hire. The rising adoption of AI and automation have drastically changed the entry-level jobs. Companies are now looking for experienced professionals who are adept at working on advanced tools and technologies. Employers are keen on hiring talent which displays a higher learnability quotient. 

As per the report, software companies have more open positions than hardware companies or tech startups. Majority of these companies are following an on-demand hiring model. Among non-IT sectors, companies in utilities, finance, retail, and manufacturing are expected to see a strong hiring activity in the future.



Subscribe to the JobsForGood Development News

Get the latest development news in your inbox everyday!