Telecom hiring may lose steam in FY25

MUMBAI: The telecom sector workforce growth in FY25 is expected to taper down to around 30% to 6.79 million, just a tad below 31% in FY24, but sharply lower than the 51% in FY23, reflecting the slowing capex of the country’s two large operators – Reliance Jio and Bharti Airtel – that have completed their pan-India 5G rollouts.

However, the ongoing network expansion plans of state-owned telecom company Bharat Sanchar Nigam Ltd. (BSNL) as well as the upcoming rollout by third largest private player Vodafone Idea, is expected to add 30,000 new jobs by the end of 2024, hiring company executives said.