Just ahead of IIT placements, report predicts 10-12% IT hiring growth, with key tech sectors driving demand

With the IITs set to begin campus placements next month, and other engineering colleges already going through it,there¡¯s some good news on the horizon finally for them - IT sector hiring is set to grow by 10-12% in the next 6 months as per a new report released on Wednesday.

According to a report based on data from the first two quarters of FY25 by Quess IT Staffing, the demand for tech talent is set to rise significantly, with emerging technologies like GenAI, Deep Tech, and Quantum Computing expected to create over a million jobs by 2030.

The report highlighted a 71% surge in demand for talent at Global Capability Centres (GCCs) and a 58% increase in cybersecurity roles in the September quarter alone.

The report also showed that 79% of hiring demand was focused on key areas like development, ERP, testing, networking, and data science.

Additionally, there was a notable rise in specialised roles in Java (30%), cybersecurity (20%), and DevOps (25%) between Q1 and Q2.

"India, with its burgeoning tech talent pool and innovative spirit, is at forefront of this digital revolution. So, IT services hiring will grow 10-12% in the next 6 months," said Kapil Joshi, CEO of Quess IT Staffing.

Data from a SightsIn Plus report also echoed the same, forecasting the creation of over 150,000 entry-level positions in 2025.

Why IT sector was in a slump recently

According to Layoffs.fyi, more than half a million tech professionals have lost their jobs over the past 2.5 years.

In India, even the top IITs faced placement challenges last year. At IIT Bombay, 36% of students had not been placed by April, with the placement season ending in May.

The reasons for this included the rise of AI and the end of post-pandemic overhiring, amongst others.

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