IT firms to hire 50,000 science grads

Image
Rajesh S Kurup Mumbai
Last Updated : Feb 05 2013 | 12:21 AM IST
The dearth of IT engineers is forcing the Indian IT companies to recruit around 40,000-50,000 non-IT professionals and science graduates in this financial year "� the highest by any industry in the country.
 
This is notwithstanding the fact that over 10 lakh IT engineers are being churned out annually by the 17,625 IT and management institutes in the country.
 
IT majors such as Infosys Technologies, Tata Consultancy Services (TCS), Tech Mahindra, GTL and Wipro Technologies are some of the companies in the forefront of recruiting non-IT personnel for IT jobs, while other IT companies and the unorganised sector is also close behind.
 
"The requirement of IT engineers is huge, with the industry needing an estimated 50 lakh personnel in the current financial year itself, of which around 50-55 per cent had been recruited. However, recruiting another 45 per cent in the last quarter is quite unlikely, with a maximum of around 10 per cent likely to be added," GTL group Chief People's Officer S N Jadhav said.
 
Jadhav, who is also doing his thesis on 'Impact of Technology on Employment Market' expects recruitment of around 50,000 personnel in the fourth quarter.
 
GTL intends to recruit over 1,000-1,500 non-IT employees in this year and will train them for the jobs.
 
Reflecting the sentiment, Infosys Technologies' chief mentor N R Narayana Murthy said, "There is a serious dearth in talent across all the verticals of the IT industry, and we have been continuously recruiting non-IT personnel in the company."
 
The company had forecast an addition of 25,000 employees and later revised it to 28,000, recruited around 25,000 personnel during the year. The IT bellwether company would recruit over 3,000 hands in the last quarter of this year, of which a considerable number would be non-IT hands.
 
Tech Mahindra (TM) will recruit 1,000 non-IT graduates and management students for IT jobs in the current financial year, of which 500-600 of them will be graduates (BSc and BCom) having experience of 1-2 years.
 
According to L K Bhatia, vice-president (resource management group), Tech Mahindra, "I wouldn't say that the recruitment of graduates is due to a dearth of skilled personnel, though that is one of the reasons. Bringing down total employment cost of the company and reducing attrition are the main reasons."
 
TCS has rolled out a programme - 'Ignite' - much ahead of the curve. The programme intends to train non-engineering talent to work on IT assignments.
 
"We have already enrolled 500 people this year, and we intend to increase it to 2,500 next year. The programme will help us to reduce the pressure we face due to lack of skilled manpower," TCS Global Head (Human Resources), S Padmanabhan said.
 
Wipro has a tie-up with Birla Institute of Technology and Science (BITS), Pilani, and is currently training 2,000 personnel for its IT initiatives.

 

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 22 2007 | 12:00 AM IST

Next Story