TCS, Infosys & Wipro add over 13,500 employees in FY25
The Indian IT industry has been experiencing a rollercoaster ride over the past few years, with hiring slowdowns and sluggish revenue growth taking a toll on the sector. However, it seems like the industry is slowly bouncing back, with Indian IT giants Tata Consultancy Services (TCS), Infosys, and Wipro adding a significant number of employees in the financial year 2025 (FY25). According to recent reports, these three companies have together added approximately 13,553 employees in FY25, marking a recovery from last year’s decline.
TCS, India’s largest IT services company, has added 6,433 employees to its workforce in FY25. This is a significant increase from the previous year, when the company had reduced its headcount due to the pandemic-induced economic downturn. Infosys, another major IT player, has added 6,388 employees to its workforce, also a significant increase from the previous year. Wipro, on the other hand, has added 732 employees to its workforce in FY25, marking a modest increase compared to the previous year.
The hiring spree by these three companies is a clear indication that the Indian IT industry is slowly recovering from the challenges posed by the pandemic and the ongoing global economic uncertainty. The industry has been facing a shortage of skilled talent, which has been a major concern for many companies. The hiring by TCS, Infosys, and Wipro is likely to help alleviate this shortage to some extent.
The reasons behind the hiring spree by these companies are varied, but some common factors include increased demand for digital services, growth in the cloud computing market, and the need for companies to transform their operations digitally. The COVID-19 pandemic has accelerated the adoption of digital technologies, leading to an increased demand for IT services. As a result, companies are looking for skilled professionals to help them navigate this new digital landscape.
The hiring by TCS, Infosys, and Wipro is also a reflection of the industry’s growing confidence in the Indian economy. The country’s IT industry has been a major driver of growth, and the hiring by these companies suggests that the sector is likely to continue growing in the coming years. The Indian government’s initiatives to promote digital transformation and the growth of the startup ecosystem are also likely to contribute to the industry’s growth.
The hiring by TCS, Infosys, and Wipro is not limited to fresh graduates and entry-level employees. The companies have also been hiring experienced professionals and mid-level managers to support their growth plans. This is a positive sign for the industry, as it suggests that companies are looking for talent with a range of skills and experience levels.
The hiring spree by TCS, Infosys, and Wipro is also a reflection of the changing nature of work in the IT industry. The industry is moving away from traditional IT services and towards newer areas such as cloud computing, artificial intelligence, and cybersecurity. As a result, companies are looking for professionals with skills in these areas to support their growth plans.
In conclusion, the hiring by TCS, Infosys, and Wipro is a positive sign for the Indian IT industry. The industry has been facing challenges in recent years, but the hiring by these companies suggests that the sector is slowly recovering. The hiring is likely to help alleviate the shortage of skilled talent in the industry and support the growth of the sector in the coming years.
