Page 2 - Indian It Sector

Global capability centres not packing bags just yet for small-town India

Patchy infra and thin talent pool stall plans to shift beyond metros

India's data centre sector may attract $20-25 bn in next 6 years: Colliers

India's data centre industry has seen investments of nearly USD 15 billion since 2020 and is likely to attract USD 20-25 billion fund over the next six years, on rising demand, according to Colliers. In its latest report, real estate consultant Colliers India mentioned that India's data centre capacity stands at 1,263 MW as of April 2025 across seven major cities, and the capacity is likely to cross 4,500 MW by 2030. The existing data centre real estate footprint stands at 15.9 million sq ft, and this is expected to rise significantly, reaching about 55 million sq ft by 2030. The scale-up in the Indian DC industry has been accompanied by equally impressive investments in the last 5-6 years. The industry has already seen investments to the tune of USD 14.7 billion since the beginning of 2020. These investments have been largely focused on land acquisition, project construction and development, etc," the consultant said. "In the next 5-6 years, amidst massive adoption of cloud ...

Hiring in IT sector expands by 16% in April on AI, cloud push: Report

Hiring in the IT sector grew 16 per cent year-on-year in April, driven by factors such as AI adoption, cloud modernisation, and the continued expansion of Global Capability Centers (GCCs), a report said on Friday. India's IT hiring grew last month, marking a sharp rebound from fluctuations over previous years, the report 'the foundit Insights Tracker (fit)' by jobs platform foundit said. GCCs played a significant role in this hiring growth, contributing over 1,10,000 new tech jobs in FY25, and ramping up demand for roles like data engineering, DevOps, and enterprise architecture, it added. The foundit Insights Tracker is a comprehensive monthly analysis of online job posting activity conducted by foundit.in. The report further said that skill-based hiring continued to dominate, with 62 per cent of IT employers prioritising practical expertise over formal qualifications. Top in-demand domains included AI/ML, cloud computing, cybersecurity, and data analytics, which together accoun

How American accents, artificial intelligence can save India's outsourcing

A softening of accents could help many young people who may not be otherwise considered for international call-center jobs

Transition time: IT services sector to see new winners and losers

American retailers - such as Best Buy, Walmart, and Target - have indicated that higher prices are affecting their sales

Nifty IT at 9-month low; brokerages flag weak earnings outlook for sector

Among individual IT stocks, Infosys slipped over 5 per cent in intraday deals on Wednesday, after Morgan Stanley downgraded the stock to 'equal weight', and preferred TCS.

Indian IT services sector to see 4-6% revenue growth in FY26: ICRA

Hiring is likely to remain low until growth momentum picks up by the end of FY26

Indian IT leaders confident of cyber resilience despite failures: Study

Most IT leaders are confident about their cybersecurity resilience measures, even though a significant number of Indian organisations have experienced cybersecurity failures in the past 12 months, a study has found, showing a disconnect between perception and reality. According to a study by cloud security firm Zscaler, 67 per cent of Indian organisations experienced a cybersecurity failure in the past 12 months. However, a surprising 97 per cent of Indian IT leaders believe their current cyber resilience measures are effective. Further, the study revealed a critical gap: while confidence is high, actual preparedness for modern cyberattacks, especially those leveraging Artificial Intelligence (AI), is lagging. The report indicates that although 57 per cent of Indian IT leaders acknowledge cyber resilience as a top priority for their leadership, this recognition isn't translating into adequate funding or proactive strategies. This lack of tangible support is further compounded by th

US market a 'wild card' for Indian IT: Nasscom president Rajesh Nambiar

United States, the largest market for the USD 282 billion Indian IT sector, is a "wild card" for the industry, lobby grouping Nasssom's president Rajesh Nambiar said on Monday. Speaking to reporters Nambiar said the tariff threats by the US may turn out to be the biggest headwind for the sector. "Broadly, if you were to look at the headwinds, the biggest unknown there would be the tariffs and the impact of what happens in the US market," Nambiar said. He was quick to add that one should not forget that the US contributes 60-62 per cent of the revenues for the sector. "It is a bit of a wild card at this point of time. We do not know what is going to be in store," Nambiar said. It can be noted that since assuming office on January 20, President Donald Trump has threatened to impose reciprocal tariffs with the intent of strengthening the American economy. Speaking at Nasscom's annual NTLF event earlier in the day, the country's second largest IT services exporter Infosys' chief exec

India's IT sector must revamp biz, create own language models: HCLTech CEO

The generative AI boom has threatened to disrupt business models for Indian IT companies that largely serve clients in the United States for operations support, providing software as a service

GenAI to boost India's IT industry's productivity by up to 45%: EY India

Top IT companies such as Tata Consultancy Services and Infosys have highlighted the use of AI by clients to do new projects and EY India said 89 per cent of them have started trialling GenAI projects

Explained: What are foundational models, examples of common ones?

Foundational models are a form of artificial intelligence models that can perform a wide range of tasks

Trump backs skilled immigration, offering breather for Indian IT companies

The remarks have sparked optimism among professionals and businesses reliant on the H-1B visa programme, and provided much-needed relief to many employed in India's IT services sector

IT major Wipro plans to onboard 10,000-12,000 campus hires in FY26

TCS and Infosys have also announced plans to hire more freshers in the next financial year

HCLTech Q3 Preview: Revenue may jump up to Rs 30,200 cr; PAT to rise 5-10%

HCLTech's Q3FY25 performance is expected to reflect steady growth despite industry challenges such as furloughs and cross-currency headwinds

Most brokerages bullish on TCS post Q3; CLSA upgrades to 'Outperform'

Analysts have mixed views on TCS following its Q3FY25 performance, with several brokerages highlighting the company's growth potential despite near-term challenges

Indian-origin tech companies corner 1/5th of H1B visas issued by US

Indian-origin tech companies cornered a fifth of all H1B visas issued by the US with Infosys and Tata Consultancy Services leading the pack, an analysis of data from the US immigration department showed. According to data from the US Citizenship and Immigration Services, in April-September 2024 period, out of the total 1.3 lakh H1B visas issued to different employers, about 24,766 visas were issued to Indian-origin companies. Out of these, Infosys took the lead with 8,140 beneficiaries, followed by TCS (5,274), and HCL America (2,953). Infosys came second to only Amazon Com Services LLC, which topped with 9,265 visas. Cognizant, which was founded in Chennai but now has headquarters in New Jersey, ranked third in the list with 6,321 visas. The H1B visa programme allows US companies to temporarily employ foreign workers in specialty occupations. Indian companies have been significant beneficiaries of this programme, particularly in the technology sector. Major Indian IT services fi

Indian IT hiring set to rebound by 2025, AI and data science to dominate

Indian IT hiring landscape is at a pivotal juncture as it transitions from a year of decline towards a more hopeful future. The focus on specialised skills, particularly in AI and data science, combined with geographical shifts towards Tier 2 cities, indicates a transformation within the sector. While the IT hiring landscape in India in 2024 was marked by delayed onboarding and a decline in overall hiring activity, the outlook for 2025 appears promising with expectations of recovery and growth fuelled by improvements in economic conditions and technological advancements. In 2024, the Indian IT sector experienced approximately a 7 per cent decline in hiring compared to the previous year, largely due to broader macroeconomic challenges and global uncertainties. Sunil Chemmankotil, Country Manager of Adecco India, noted that while Global Capability Centres (GCCs) played a crucial role in boosting hiring -- accounting for 52.6 per cent of job openings for tech professionals -- they coul

Indian IT sector to grow in mid single digit for FY25: ICRA Report

The hiring target of the industry is also expected to be in the low range

IT sector to witness 15-20% growth in job opportunities in 2025: Report

The IT sector, which is on the path of recovery, is expected to witness 15-20 per cent growth in job opportunities across various industries in 2025, talent solutions company NLB Services said on Monday. The IT industry has gained back momentum in H2 2024 and is gearing up for a promising 2025 on multiple fronts, said NLB Services. In the coming year, fresher hiring in the Indian IT sector is poised for significant growth, with an anticipated increase of 15-20 per cent in job opportunities across various industries, it added. At the same time, the demand for highly specialised tech roles, including artificial intelligence, machine learning (ML), data analytics, and cloud technologies, is expected to surge by 30-35 per cent, driven by the increasing reliance on emerging technologies, it said. This surge in demand is not limited to hiring but extends to a strategic focus on tech upskilling, with companies investing heavily in training initiatives to equip their workforce with the ...