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IT industry hires 3,80,000 in 2006-07

IT industry hires 3,80,000 in 2006-07
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First Published: Thu, Mar 08 2007. 03 48 PM IST
Updated: Thu, Mar 08 2007. 03 48 PM IST
PTI
Bangalore: India’s booming information technology (IT) and information technology-enabled services (ITeS) sector is estimated to have hired 3,80,000 people during the current financial year as demand for technology talent gained further momentum, officials said.
The IT and ITeS sector took on board 180,000 and 200,000 people respectively on a gross basis in 2006-07 (April-March), according to industry estimates.
The country’s top four software exporters — Tata Consultancy Services Ltd (TCS), Infosys Technologies Ltd, Wipro Ltd and Satyam Computer Services Ltd — hired a total of 1,13,000 people for the 12-month period. TCS employed 35,000 people, Infosys with 30,000, Wipro (28,000) and Satyam (20,000), industry sources said.
Director and HR chief of Bangalore-headquartered, NASDAQ-listed Infosys, T V Mohandas Pai, said the headcount growth was about 35% compared to the previous financial year.
Average salary growth seen during the year was 12% to 15% as before but there was more overall demand for engineers from other industries in India, Pai said on 8 March.
“IT industry is finding it tougher to hire quality talent because of growth. There is need for more training,” he said.
On shortcomings that the industry sees in fresh engineering graduates, Pai said that their education was not based on what was needed by the industry. “Soft skills is poor and communication is way behind needs.”
To a question, he said, the industry had put in place systems to catch unscrupulous elements who seek to gain entry into the IT sector using fake certificates, adding that the trend was getting curbed.
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First Published: Thu, Mar 08 2007. 03 48 PM IST
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