Over 1 lakh employees have been recruited by India’s four biggest IT firms – TCS, Infosys, Wipro and HCL in the first six months of the fiscal year. That’s 13 times more than in the corresponding period of the previous year, after the pandemic had struck. And it’s almost twice that in the corresponding period of the pre-pandemic year, 2019-20.
It clearly indicated that the demand for talents has picked up in IT sector. TCS, which has 5.2 lakh employees, led the hiring momentum. The Company said it plans to make offers to 75,000 freshers this year, a record for the company.
In an interview to TOI, TCS CEO Rajesh Gopinathan had said, the conviction in technology and the momentum in this is increasing. He pointed out how the cloud-based transformation represents an architecture change in IT. On the hiring momentum, Gopinathan said the last time TCS saw this was in 2011-12, coming out of the financial crisis.
Meanwhile Infosys has increased its fresher hiring target for this year to 45,000, from 35,000 that it had planned three months ago.
Wipro CEO Thierry Delaporte said the demand environment is very strong “and the pipeline, which is the highest in recent quarters, is a reflection of that”.
HCL Technologies CEO C Vijayakumar said that they witnessed the highest net hiring numbers in the last quarter – 11,153. Net hiring over the last three quarters has been at about 28,000 in their employee workforce and there’s another 3,500-odd in terms of third-party contractors. So, the total is pretty much near 32,000 over the last three quarters itself, he said.