TCS, Infosys & Wipro add over 13,500 employees in FY25
The Indian IT sector, which has been experiencing a hiring slowdown for quite some time, has finally started to show signs of recovery. The three largest IT companies, Tata Consultancy Services (TCS), Infosys, and Wipro, have together added approximately 13,553 employees in FY25, reversing the decline seen in the previous fiscal year.
According to a recent report, TCS, the largest IT company in India, added 6,433 employees in FY25, while Infosys, the second-largest IT company, added 6,388 employees. Wipro, the third-largest IT company, saw its headcount go up by 732 employees in FY25.
This significant growth in employee numbers is a welcome sign for the Indian IT sector, which has been grappling with a slowdown in hiring and revenue growth for some time now. In FY24, the sector witnessed a decline in employee additions due to a combination of factors, including a slowdown in large-scale IT projects, increased competition from low-cost regions, and a shift towards automation and artificial intelligence.
The IT sector’s recovery in FY25 can be attributed to a number of factors, including the ongoing digital transformation of businesses across the globe, the increasing demand for cloud services, and the growing need for cybersecurity solutions. Additionally, the sector has also seen a significant increase in the adoption of artificial intelligence and machine learning, which has created a high demand for skilled professionals.
TCS, Infosys, and Wipro are among the biggest employers in the Indian IT sector, and their hiring numbers are often seen as a benchmark for the sector’s overall health. The fact that these companies have added such a large number of employees in FY25 is a positive sign for the sector, and suggests that the recovery is likely to be sustained in the future.
TCS, which is known for its strong presence in the banking, financial services, and insurance (BFSI) sector, has been expanding its presence in the cloud and digital spaces. The company has been investing heavily in building its cloud capabilities, and has also been acquiring companies that specialize in cloud and digital services.
Infosys, on the other hand, has been focusing on building its presence in the digital transformation space. The company has been investing in building its artificial intelligence and machine learning capabilities, and has also been expanding its presence in the cloud and cybersecurity spaces.
Wipro, which has a strong presence in the manufacturing and healthcare sectors, has been expanding its presence in the cloud and digital spaces. The company has been investing in building its cloud capabilities, and has also been acquiring companies that specialize in cloud and digital services.
In conclusion, the addition of over 13,500 employees by TCS, Infosys, and Wipro in FY25 is a positive sign for the Indian IT sector. The sector’s recovery is likely to be sustained in the future, driven by the ongoing digital transformation of businesses across the globe, the increasing demand for cloud services, and the growing need for cybersecurity solutions.
