Channelling tech talent: IT majors face headwinds, may cut hiring in India

The impending global slowdown means information technology (IT) majors face headwinds, and may cut hiring in India.

Meanwhile, the IT talent pool in the country is expected to grow. Analysis of All India Council for Technical Education data shows that even though enrolments in undergraduate engineering courses declined by a tenth between 2016-17 and 2019-20, demand for undergraduate IT courses increased.

IT engineering courses registered a 9.4 per cent increase in enrolments during this period.
 

Companies are taking the IT revolution a step forward. A Nasscom report indicates that digital core talent has grown faster than IT core talent, as companies undertook skilling initiatives to reorient the workforce. But India has much ground to cover.

Data from GitHub, an open source code-hosting platform, shows that the country ranks fourth among open source software contributors using GitHub.