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News » Indian IT giants to hire 90,000 fresh grads in FY25

Indian IT giants to hire 90,000 fresh grads in FY25

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Photo from Pradeep Gaur/ Mint

NEW DELHI, INDIA — The Indian IT sector is set to witness a significant hiring surge in FY25, with top tech companies planning to onboard nearly 90,000 fresh graduates. 

This move comes on the back of strong earnings in the April to June quarter, signaling a positive job market outlook.

TCS leads the charge

Tata Consultancy Services (TCS) plans to hire approximately 40,000 fresh graduates for FY25. 

The company added 5,452 employees in the first quarter, reversing a three-quarter decline in headcount. TCS now employs 606,998 people, with the attrition rate dropping to 12.1% in Q1. 

Milind Lakkad, TCS Chief HR Officer, emphasized the company’s strategy of campus hiring to fill skill gaps. “We figure out what are the skill gaps we have, and based on that we hire,” Lakkad stated.

Infosys and HCLTech follow suit

Infosys aims to recruit between 15,000 and 20,000 fres grads this fiscal year. This comes after a significant drop in hiring last year, where the company onboarded only 11,900 freshers compared to over 50,000 in FY23. 

Chief Financial Officer Jayesh Sanghrajka mentioned during the Q1 earnings call that the hiring numbers would depend on the company’s growth trajectory.

HCLTech also plans to hire more than 10,000 fresh grads from campuses in FY25. The company currently employs 219,401 people, with a net addition of 8,080 in the first quarter. The hiring strategy includes a mix of campus programs and fresher hiring initiatives.

Wipro and Tech Mahindra’s hiring plans

Meanwhile, Wipro is set to hire around 10,000 to 12,000 fresh grads in FY25, marking a return to campus hiring after a year. The company onboarded over 3,000 freshers in the first quarter and reported an additional net headcount of 337. 

Chief HR Officer Saurabh Govil also emphasized Wipro’s commitment to completing its backlog of fresher onboarding this fiscal year.

Tech Mahindra also announced plans to hire 6,000 freshers in the ongoing financial year, further contributing to the overall hiring surge in the IT sector.

The hiring plans of these leading IT firms reflect a renewed optimism in the sector, driven by strong quarterly results and a growing deal pipeline. 

As companies look to build operational efficiency and meet customer demands, the influx of fresh talent is expected to play a crucial role in sustaining growth and innovation in the Indian IT industry.

Read more here.

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