Indian IT firms likely to recruit around 50,000 freshers in next five months: Report
EdTech platform, major Indian IT firms are gearing up to recruit approximately 50,000 freshers across various job roles encompassing both IT and non-IT sectors nationwide between July-December 2023. The ed-tech platform said that the rapid adoption of digital transformation initiatives, along with, the emergence of new business opportunities in Cloud Computing, Artificial Intelligence (AI), Cybersecurity, and other cutting-edge technologies, has become a catalyst for substantial growth within the IT industry. According to Shantanu Rooj, Founder and CEO, TeamLease Edtech, "Jobs like AI, blockchain, cloud computing, etc are going to lose their 'exotic' tags soon and will become the tools as common as a calculator or a laptop today...
It will be irresponsible for any company not to imagine including AI in their entire business strategy today. There is a broad spectrum of job roles, and skill sets that employers are looking for in new-age employees". After surveying 737 small, medium, and large companies across 18 industries across India, the TeamLease report mentioned that the hiring intent in companies, including startups is at 73% between July-December 2023.
The hiring intent for freshers is 65%. The demand for newer talent has marginally increased by 3% against 62% between January-June this year. The top-3 industries that intend to hire freshers in the current HY [July– December 2023] are E-commerce and Technology Start-ups (59%), Telecommunication (53%), and Engineering & Infrastructure (50%), respectively.
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