TEAMLEASE DIGITAL
Indian staffing cos step up global reach to diversify revenues
Indian staffing companies are actively expanding their global reach. They are tapping into international talent shortages across sectors like healthcare, engineering, and technology. This strategic move aims to diversify revenue and enhance profit margins. Firms are focusing on regions like Southeast Asia, the US, and Europe. This expansion is driven by client demand and the growth of global capability centers.
India Inc to dole out salary hikes of up to 10.2 pc across industries in FY27: Report
Corporate India anticipates salary increments between 8.6% and 10.2% this financial year, driven by demand for skilled talent in high-growth sectors like EV and FinTech. Emerging cities are also strengthening their position in the talent economy, while select roles and specific cities are projected to lead these salary hikes.
GCCs outpace IT services in tech hiring, driving AI & cloud talent
Global capability centres are now adding more employees than IT services firms in India. This trend shows a shift in how advanced technology talent is developed. GCCs are becoming key for AI and cloud roles. This expansion is reshaping the GCC enabler ecosystem. IT services firms still employ more people overall. India's tech sector is evolving on two tracks.
The great $100-billion tech shift: GCCs tighten grip on India’s talent market
India's Global Capability Centres (GCCs) jobs: India's Global Capability Centres (GCCs) are rapidly outpacing traditional IT services, driven by multinational corporations' need for control over IP, data, and AI. With a deep talent pool and higher compensation, GCCs are becoming the primary engine for specialized tech talent absorption, reshaping India's hiring landscape.
India tech jobs decline: AI, US immigration impact recruitment
India's technology job market faces its slowest period in over two years. Active tech job openings have dropped significantly. Global uncertainty, US immigration shifts, and AI adoption are pushing companies to recruit cautiously. This indicates a structural reset in the industry, with revenue growth decoupling from headcount growth. Demand for specialized skills like AI and cloud remains strong.
India's brain-gain moment may be starting with a crack in the American dream
As green card backlogs, visa uncertainty and layoffs reshape the American dream, India is emerging as a stronger destination for globally experienced professionals. Experts say GCCs, AI, semiconductors and product firms could absorb returning talent, though compensation gaps and ecosystem challenges remain.
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Swiggy CEO on quick commerce space; India’s data centre surge
In an interview, Swiggy group CEO Sriharsha Majety explained the outlook for the quick commerce industry and the shareholder vote hurdle, among other things. This and more in today’s ETtech Top 5.
GCCs to hand out more jobs to freshers
This fiscal year, global capability centres are gearing up to boost their fresh graduate hiring by 12 percent, a notable uptick amid the IT services sector's deceleration. Entry-level salaries at GCCs are anticipated to soar, while counterparts in IT services remain stagnant.
Delivery platforms deploy cooling cover as orders heat up
People confined to indoors are increasingly turning to online platforms for purchases spanning daily essentials to cooling products and consumer electronics. While this also means a heavier workload for delivery executives, the platforms said they are taking measures to help them cope with the weather.
OnePlus, Xiaomi among firms trimming marketing and sales roles in India amid cost pressure
Smartphone companies are reducing staff in marketing and sales. Rising costs and slower sales are pushing brands to cut expenses and focus on profits. This is impacting corporate and commercial roles. Some companies are eliminating entire teams. This shift reflects a market correction. Employees are taking on broader responsibilities. Salary hikes for new hires have also decreased.
Quit metro life for a smaller city? Here’s the real money math Indians must check before moving
Many are trading metro life for tier 2 cities, seeking better quality of life, cleaner environments, and reduced stress. While income may fall, lower expenses and proximity to family are significant draws. However, career growth, job opportunities, and infrastructure quality remain crucial considerations for this evolving relocation trend.
India’s IT industry faces talent glut as applications surge across roles
The Indian IT industry is currently navigating an impressive talent boom, with job seeker numbers jumping by 32% in just four months. This trend is fueled by international market changes and an uptick in AI integration. Although traditional IT roles are seeing some strain, specialized talents are in fierce demand.
Smaller teams, fewer replacements guiding GCC 2.0 ops playbook
Global Capability Centres in India are starting smaller and using AI to boost output. Companies are no longer replacing every departing employee. This shift prioritizes high-skill talent over large teams. Business growth is expected to outpace headcount growth. Hiring demand is rising for AI, data, cloud, and cybersecurity skills. This signals a move towards precision hiring and future-ready capabilities.
The growing pay gap: AI skills drive 60% higher salaries in tech
AI-skilled professionals are commanding significant pay premiums, earning up to 60% more than their peers in other tech fields. This widening salary gap is expected to persist and grow over the next two to three years as companies increasingly adopt AI-influenced pay frameworks and automation impacts entry-level roles.
IT cuts mid-tier, expands AI-smart entry level in new hiring playbook
India's top IT companies are changing how they hire. They are bringing in more fresh graduates and giving them AI tools. Middle managers are being reduced. This move aims to control costs and improve efficiency. Companies are focusing on productivity growth. Revenue per employee is increasing. This strategy is shaping the future of the IT sector.
How university-edtech collaborations are contributing to building India’s AI-ready workforce
Indian universities are evolving higher education through collaboration with edtech platforms to address the employability gap among STEM graduates. Partnerships like those with Simplilearn embed practitioner-led content and outcome-linked assessments directly into curricula, preparing students for AI-driven careers and meeting accreditation standards.
AI adoption to influence salary growth within 2-3 years: TeamLease CEO Shantanu Rooj
AI is transforming Indian workplaces. Employees leveraging AI skills will see career advantages in the coming years. Sectors like technology, GCCs, and BFSI will lead this shift. Companies are integrating AI into core strategies, not just as tools. This will impact appraisals and career growth, especially in digitally intensive roles. Upskilling is now crucial for career advancement.
IT firms refresh game as Gen Z employees move on faster
The Indian IT sector is currently witnessing a wave of replacement hiring, largely driven by the rapid job transitions of Gen Z workers. Unlike their predecessors, these young professionals are opting for shorter career stints, prompting companies to recalibrate their hiring, onboarding, and retention methodologies.
IT firms redraw hiring strategies as GenZ moves on faster
India's IT sector is experiencing a surge in replacement hiring. Gen Z professionals are leaving jobs at a faster rate, prompting companies to revise their strategies. This shift impacts hiring, onboarding, training, and retention efforts. Companies are adapting by increasing contractual roles and focusing on faster onboarding and continuous reskilling to manage workforce evolution.
Groww's strong Q4; Iran conflict hits India's GCCs
Fintech major Groww more than doubled its net profit in the fourth quarter of FY26. This and more in today's ETtech Top 5.
Iran conflict and global risks slow GCC expansion in India
Global geopolitical tensions are slowing new technology centre openings in India, with a dip in brownfield expansions due to macro uncertainty. Despite this, the overall value of India's GCC ecosystem is rising, driven by new capabilities in AI and product engineering, indicating a dual structure of insourcing and outsourcing.
Volatile geopolitics slows GCC in March
Global geopolitical tensions are impacting new technology center openings in India. While the number of new centers slowed, existing ones are expanding. Experts predict continued growth in greenfield centers if uncertainties ease. The GCC ecosystem is steadily rising, driven by new capabilities in AI and product engineering.
Tech job openings fall 8% in April as AI replaces headcount
India’s tech sector had 256,000 active job openings in April 2022—thanks to the post-pandemic surge in IT services--and accounted for 83% of all hiring in the country.
India's tech hiring chills; Polymarket's IPL bet
Happy Tuesday! The tech sector is seeing a slowdown in hiring driven by internal cost controls. This and more in today's ETtech Morning Dispatch.
IT not so positive? Bench strength of companies shrinking fast
Unlike cricket, India’s IT services industry is groaning under a weakening bench strength. The bench strength for IT services, long seen as a safety net in industry, has shrunk by a quarter and is unlikely to be filled up even if growth picks up. Across Tata Consultancy Services, Infosys, Wipro, HCLTech, and Tech Mahindra, the bench has reduced by roughly 75,000 people over the past two years, falling from around three lakhs to about 2.25 lakh, industry experts told ET.
Hiring to rise 4.7 pc in H1 FY27, led by e-commerce, tech startups
India's workforce is set for significant growth in the first half of FY27. E-commerce, tech startups, healthcare, pharma, and manufacturing are leading the expansion. Large enterprises show the strongest hiring sentiment. This growth reflects structural and policy-driven changes in the job market. Businesses are adapting their workforce models to new regulations.
Around 45,000 AI job openings in India; data scientists, ML engineers most sought after
According to TeamLease Digital’s research, freshers who become data engineers can earn up to Rs. 14 lakh per annum, ML engineers up to Rs 10 lakh, data scientists up to Rs 14 lakh, devops engineers up to Rs 12 lakh, data architects up to Rs 12 lakh, BI analysts up to Rs 14 lakh, and database admins up to Rs 12 lakh.
India needs 30 million digitally skilled professionals by 2026: TeamLease
According to the report, India will need 30 million digitally skilled professionals by 2026 and 50% of the current workforce would need to re-skill themselves in areas of emerging technologies.
Gaming industry boom is helping build skilled talent workforce
The sector is expected to grow by a further 20%-30% and add 100,000 direct and indirect jobs by FY23 in areas like game development and engineering, according to a report by TeamLease Digital.
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