NEW DELHI: Switching over to robust recruitment mode after a dormant
2009, Indian IT players will hire nearly 1 lakh people in the coming
months amid improving global economic conditions.
Coming after
a forgettable year of hiring freeze, layoffs and salary cuts, the
recruitment drive in the IT space is led by biggies such as
Tata Consultancy Services (TCS) and Infosys.
An analysis of the hiring plans announced by various Indian IT
companies shows that headcount in the industry is expected to go up by
more than 98,000.
According to analysts, increased spending on
IT infrastructure and improving overseas markets for outsourcers, are
among the main factors for the upbeat hiring prospects.
Diptarup Chakraborti, who is a principal research analyst at global IT
research firm Gartner said the industry is back on track with many
projects lined up for completion.
"The industry has turned the corner and renewed optimism will bring back recruitment across the globe," he noted.
Last week, the country's largest software exporter TCS said it would
increase headcount by 30,000 in next fiscal year while Infosys announced
plans to hire 16,000 people this year.
Of the 12 companies which have announced their hiring plans, BPO giant Genpact said it would hire 10,000 people.
Besides,
IBM is looking at recruiting 5,000 followed by Infosys BPO (2,000), Accenture (8,000) and Mphasis (2,000).
Going by Gartner estimates, the domestic IT market is expected to grow
by 19-20 per cent in 2010, a sharp rise against a 2.6 per cent growth in
2009.