In India, the IT Sectors till date provide the cream of jobs and niche areas keep growing all the time. For example, I just heard a 2 year GCP guy got a 500% hike and seems to be quite common for such roles that will lead the job market for many days/months to come. However a sector likely to grow is expected to be the transportation and utilities segment with a positive net employment outlook as the surveys show.
India produces huge numbers of engineering and science graduates and even 10-15% of the cream of them gives rise to atleast half a million of professionals every year. While Indian colleges and universities range dramatically in terms of quality of education, selecting graduates from the top 15 percent of schools still translates into tens of thousands of promising candidates.
Foreign businesses who outsource IT services to India can hire employees with international experience working at domestic rates, however these rates are going to hit high up the roof post the pandemic. This is unfortunate that demand is getting created and there is no controls by Govt or any other body. However on a positive note, leave alone the money driving young talent the base is strong and committed to take the challenges and make India peak in terms of knowledge and enhancing overall customer value .
Besides, India’s IT sector is not invulnerable to the global shifts in technology and communications, such as the challenge posed by automation and social, mobile, analytics and cloud (SMAC). The disruptive nature of the industry at large makes all leaders think aloud of getting better than your competition.
Upskilling Indian IT Talent is easier , India is solidifying its position as the world’s most popular outsourcing destination by equipping its workforce with the capacity to handle these new service needs. Challenges ahead no doubt which will pace of the growth. However SMEs need to grow more favourably to make the difference. With real time means to protect with hiring based clauses, times may look better.
Shift Ahead Technologies works towards end goals to make Indian IT Work for its SME clientele all over the globe