Top 5 Indian IT Companies Are Planning To Add Over 96,000 Employees : Nasscom

India’s top 5 IT companies are planning to add over 96,000 employees, Nasscom said in a statement, reacting to reports that 3 million IT jobs will be lost by 2022 due to automation.

“With the development of technology and increase in automation, the nature of traditional IT jobs and roles will evolve holistically, leading to the creation of new jobs,” the IT industry body said. “The industry is creating a net hire of skilled talent by adding 138,000.” People in FY21, and strong hiring plan for FY22…”

250,000 Employees in Digital Skills

“The IT industry is upskilling more than 250,000 employees in digital skills and has hired over 40,000 new digitally trained talent, reflecting its commitment and investment in rapidly increasing workforce capabilities.”

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According to Nasscom, the Business Process Management (BPM) industry in India employs over 1.4 million people (excluding domestic and internal), and not 9 million, according to a Bank of America study. is. The IT-BPM sector in total employed 4.5 million people as of March 2021, it said.

India’s Top 5 IT Services Firms

Based on comments from India’s top 5 IT services firms- Tata Consultancy Services (TCS), Infosys NSE 0.96%, Wipro NSE -0.28%, HCL Technologies NSE 0.60% and Tech Mahindra- The COVID-19 pandemic has accelerated the demand for skilled talent in areas such as cloud computing, Internet of Things (IoT), artificial intelligence (AI) and 5G. Companies are planning to increase hiring due to improvement in business demand compared to last year.