A recent report from IANS sheds light on the burgeoning tech hiring trend in India's manufacturing and retail sectors, spurred by government initiatives such as Make in India and production-linked incentive (PLI) schemes.
Released on Monday, May 13, the report shows a notable diversification in the industries, with traditional sectors like automotive and aerospace maintaining their dominance while witnessing expansion into emerging fields like semiconductors, electronics, and electrical industries throughout the fiscal year 2024.
Quess Corp, a leading business solutions provider, emphasized in the report that this diversification signifies the industries' keen adoption of technological advancements and a heightened focus on innovation in product development and supply chain management.
In tandem with the rise of e-commerce platforms and the growing prevalence of omnichannel retailing, there has been a surge in demand for tech talent proficient in data analytics, artificial intelligence (AI), and digital marketing within the retail sector.
Turning to the overall IT sector, the report highlights its resilience and growth potential despite navigating global uncertainties. While traditional skill sets such as development, testing, design, engineering, and networking continue to be in demand, niche areas like cloud computing, cybersecurity, and analytics are experiencing a notable upswing, indicative of a dynamic and evolving IT landscape.
Kapil Joshi, Deputy CEO of Quess IT Staffing, anticipates a further uptick in IT hiring driven by the expansion of global capability centers (GCCs) and the stabilization of the global economy. Key technological advancements like big data and AI are expected to fuel this growth.
According to the report, Bengaluru and Chennai emerged as the top cities showing the highest intent-to-hire for tech-focused roles during FY24, underscoring their significance as tech hubs within the country.