TCS, Infosys & Wipro add over 13,500 employees in FY25
The Indian IT sector, which had been facing a slump in hiring and growth in recent years, has finally shown signs of recovery. According to recent reports, Indian IT giants Tata Consultancy Services (TCS), Infosys, and Wipro have together added approximately 13,553 employees in FY25. This marks a significant turnaround from last year’s reduction in employees, driven by a sector-wide hiring slowdown and sluggish revenue growth.
TCS, one of the largest IT companies in India, has added 6,433 employees to its workforce in FY25. This is a notable increase from the previous year, when the company had reduced its headcount by 2,000 employees. TCS has been expanding its operations globally, and its recent additions are expected to support its growing client base.
Infosys, another major IT player, has added 6,388 employees to its workforce in FY25. This is a significant increase from the previous year, when the company had reduced its headcount by 1,200 employees. Infosys has been focusing on digital transformation and has been hiring talent in areas such as artificial intelligence, cloud computing, and cybersecurity.
Wipro, the third-largest IT company in India, has added 732 employees to its workforce in FY25. Although this is a relatively small increase compared to its peers, it marks a significant turnaround from the previous year, when the company had reduced its headcount by 1,000 employees.
The addition of over 13,500 employees by TCS, Infosys, and Wipro is a clear indication that the Indian IT sector is recovering from its recent slump. The sector had been facing a hiring slowdown and sluggish revenue growth in recent years, driven by factors such as the COVID-19 pandemic, global economic uncertainty, and changing client needs.
However, the sector has been showing signs of recovery in recent months, driven by factors such as the growth of digital technologies, increasing demand for cloud computing and cybersecurity services, and the need for companies to transform their operations digitally.
The Indian IT sector has been a key driver of growth and employment in the country, and its recovery is expected to have a positive impact on the overall economy. The sector has been growing rapidly over the past few decades, driven by factors such as the growth of the global IT market, increasing demand for outsourcing services, and the need for companies to reduce costs and improve efficiency.
The sector has also been a major source of employment for young Indians, providing job opportunities in areas such as software development, data analytics, and IT services. The recovery of the sector is expected to provide a boost to employment growth in the country, particularly in the IT and IT-enabled services (ITeS) sectors.
In conclusion, the addition of over 13,500 employees by TCS, Infosys, and Wipro in FY25 is a clear indication that the Indian IT sector is recovering from its recent slump. The sector’s growth and recovery are expected to have a positive impact on the overall economy and employment growth in the country.
