India’s IT sector to ramp up hiring amid rising demand for services

IT majors are set to increase their workforce to address India’s expanding demand for IT services. According to recruitment firms, on an average, IT giants are aiming to hire anywhere between 40,000 and 50,000 new employees to address the needs of the domestic IT market.

After record expansion during Covid, recruitment by IT companies in India over the last 4-6 quarters had slowed down. In majority of the cases, the employee bases of large India-headquartered companies had shrunk.