Tier 2-3 cities house up to 15% of Indian tech talent: Nasscom Report
India house up to 15% of the Indian tech talent pool and can drive 50% cost savings for India's $245 billion technology landscape, said a report released by Deloitte India and Nasscom on Tuesday. This includes regions like Ahmedabad, Chandigarh, Indore, Jaipur, Kochi, Mysuru, Warangal, Hubli, Madurai, Raipur, Guwahati and Vishakhapatnam among others.
The report found talent pool costs are 25-30% lower than those in mature hubs, with 50% cost savings in real estate rentals compared with mature hubs. This economic advantage also makes these cities an attractive choice for growth with lower investments demonstrated by over 140 Global Capability Centres (GCCs) located in these places.
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Offering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitIndian School of BusinessISB Digital Marketing and AnalyticsVisitIndian School of BusinessISB Digital TransformationVisitIndian School of BusinessISB Applied Business AnalyticsVisitAt present, up to 15% of India's tech talent resides in tier-2 and tier-3 cities. As decentralisation of work gains momentum, many new opportunities open for people in emerging cities, said the report.
While big cities were the focus in the past, the post-pandemic era witnessed a remarkable decentralisation of work across the nation, said Sumeet Salwan, Partner, Deloitte India.
“Today, about 60% of India’s overall graduates come from smaller towns and 30% of total graduates relocate to tier-1 cities seeking employment. These locations that currently account for 10-15% tech talent, provide promising growth potential when supported by the governments’ commitment to world-class infrastructure — an 'if you build it, they will come'
