IT sector to drive 15% growth in hiring in 2025, followed by retail

BENGALURU: With the expansion of Global Capability Centers (GCCs) and multi-cloud adoption, the IT sector will drive 15% growth in hiring in 2025, as per the latest data from jobs platform foundit. It is followed by retail with 12% growth, telecommunications 11% and Banking and Financial Services (BFSI) with 10% growth.

foundit said the telecom sector’s 11% forecasted growth is driven by advancements in AI, 5G, and IoT, with demand for skills in edge computing, SDN (software-defined networking), NFV (network function virtualisation) and cybersecurity. Overall, the talent platform predicts a 9% hiring growth in the country in 2025.