Fresher hiring in US to aid margins in FY19: Infosys CEO Salil Parekh

As a part of its localisation drive, Infosys has added 4,000 engineers in the US during the past 12 months and is looking at hiring 6,000 more by 2021

At a time when most analysts see margin pressure on domestic IT firms due to increased onshore hiring, Infosys on Wednesday said that the company expects hiring of fresh graduates in the US to its workforce to aid its profit margins, at least in the short-term.

As a part of its localization drive, the Bengaluru-based company, during the past 12 months, have added 4,000 engineers in the US, and is looking at hiring 6,000 more by 2021.

"In terms of margins, we have not outlined anything in the market what will the impact be. What we are noticing today is