AI, cloud modernisation, GCCs drive IT hiring 16% up in April: Report
Hiring in the IT sector grew 16% 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% of IT employers prioritising practical expertise over formal qualifications.Top in-demand domains included AI/ML, cloud computing, cybersecurity, and data analytics, which together account for 95% of job postings in the IT sector, it stated.Cities like Coimbatore (40%) Ahmedabad (17%), and Baroda (15%) recorded remarkable annual hiring growth driven by hybrid work models and cost advantages, said the report.Metro hubs like Bengaluru (9%), Mumbai (9%), and Delhi NCR (7%) continued to lead hiring for leadership and specialist roles, it added.
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Time of India
8 hours ago
- Time of India
Hiring growth in India: Global tech firms ramps up recruitment, domestic majors slow down; AI, cloud drive demand shift, say experts
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Economic Times
8 hours ago
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AI disruptions will be brief as reskilling drives new jobs: Karnataka IT minister Priyank Kharge
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Time of India
8 hours ago
- Time of India
AI disruptions will be brief as reskilling drives new jobs: Karnataka IT minister Priyank Kharge
Disruptions from artificial intelligence (AI) will be brief and new jobs will emerge, Karnataka's IT and Biotechnology Minister Priyank Kharge has said, highlighting the state's large-scale reskilling initiatives are underway to prepare talent for new-age an interview with PTI, Kharge asserted that Karnataka retains a comfortable lead over others in technology, with strong data and performance vectors backing its state encourages innovation and collaboration, ensuring "that any entrepreneur or corporation who dreams of making it big globally, starts from Karnataka", he the issue of disruptions due to AI, the minister said, Nipuna Karnataka, the state's large-scale reskilling and upskilling initiative, aims at safeguarding and future-proofing its talent pool."While there might be certain job losses, new jobs will be that is why we need a massive reskilling and upskilling programme. So, there will be disruption, but the disruption will be for a brief while, until we are able to reskill and upskill people," he Karnataka is a Rs 300 crore reskilling initiative, industry-driven and industry-focused, with ambitious targets to train talent at scale, he the coming financial year, the state government aims to skill individuals in key areas, like artificial intelligence, cybersecurity, digital forensics, and other technologies, in line with the global tech demands "We intend to scale over 5,00,000 people in the coming financial year, in artificial intelligence, cybersecurity, digital forensics, and anything that the industry might need. So, we are closely talking to them through our skill council for emerging technologies, taking their feedback, taking their curriculum, and seeing how we can ensure that we give the most affordable and most talented human resources for them."And this programme is just not catering to the local ecosystem, we are catering to the global ecosystem also," Kharge said Karnataka retains its lead over others, and data ranging from IT exports to startups and GCCs play, underscores its competitive strengths."We are far ahead of the curve when it comes to our neighbours or neighbouring states. So, while we love competition, we are not afraid of it. It also helps us pull up our socks," he many as 20,000 startups are registered with the state government, he said, adding that of 110 unicorns, more than 45 are from Bengaluru."We contribute 21% of the national bioeconomy, and 65% of defence electronics manufacturing happens in Karnataka. And GCCs, we have close to over 800 GCCs and their units, totalling about 1,500," Kharge same trend is evident in office space demand, real estate leasing, and GCC momentum."Last year, we gobbled up close to around 47% of the entire country's real estate for GCCs. This year, just in the last six months, 13.1 million square feet has been given only for GCCs. So, where is the competition? I don't see that," Kharge minister emphasised that the state's policies are backed by strong, actionable outcomes like the recent Quantum Roadmap."We are just not announcing mere policies for the sake of announcing them. So, when we keep the Karnataka quantum roadmap in front, people believe is because over the years, we have managed to build a strong foundation of skills."We have topped that with incubators, and we have topped up with centres of excellence across sectors. So, I run more than 25 centres of excellence from agritech to space tech. And through these, we are innovating and inventing. On top of that, we have put budgets. On top of that, we put policies," Kharge said.
