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Hiring Trends In India

According to the Economic Survey 2014-2015, IT and ITeS make up the single largest contributor to India's Services exports. The Economic Survey 2014-15 says the IT and ITeS sector including Business Process Management (BPM), continues to be one of the largest employers in the country, directly employing nearly 35 lakh people.

NASSCOM estimates the revenue of the IT-BPM industry at $119 billion grew by 12 per cent in 2014-15 with export market alone making up almost $100 billion. The year witnessed hyper-growth in the technology start-up and software product landscape, India ranking as the fourth largest start-up hub in the world with over 3,100 start-ups in the country. Software products and services revenues for 2015-16 is projected to grow at 12-14 per cent.

Recognizing the need for greater penetration of IT Services domestically, the Survey notes that the government's "Make in India" mission has included IT and BPM among the 25 focus sectors.

Trends to look forward to:

According to NASSCOM, there will be demand for niche technology skills and domain specific capabilities in the IT Services sector this year. Thus, forcing organizations to focus on lateral hiring in order to find domain specialists; whose skill sets make up 11 to 12 percent of the sector’s overall 3.1 million employees.

Companies are expected to look for fresh skill sets whilst hiring candidates this year.

Unlike previous years, which saw an increase in the demand for mobile App developers, data warehouse analysts and UX designers; recent studies suggest the markets of social, mobility, analytics and cloud (SMAC) to be worth 225 Billion U.S Dollars by 2020. Most Indian IT Services majors are invested heavily in this upcoming area.

The explosion of start-ups is the single biggest driver to the hiring frenzy seen in the IT Software product/productized service hiring scenario. With the advent of cloud computing and firms that focus on mobile first technology (both within India and overseas) have started reprioritizing what they are looking for in prospective employees; therefore changing hiring trends for 2015 and the years to come. The Top job trends from such organizations are given below.

Top Job Trends:

HTML5

MongoDB

iOS

Android

Mobile app

Puppet

Hadoop

jQuery

PaaS

Social Media

And finally, Industry experts suggest that Karnataka, Tamil Nadu and Maharashtra are expected to witness a major spike in the recruitment activity for the Software and IT sector; in addition to expecting further expansion in locations such as Pune, Orissa, West Bengal, Gujarat, Kerala and Kolkata. This means the industry will expand its IT presence in the nation, thus more jobs that are easily accessible to talent, pan-India.

2015 surely promises several positive changes in IT Recruitment.