TCS, Infosys & Wipro add over 13,500 employees in FY25
The Indian IT sector, which has been facing a slowdown in recent years, has finally shown signs of recovery with three major IT giants, Tata Consultancy Services (TCS), Infosys, and Wipro, adding over 13,500 employees in the fiscal year 2025 (FY25). This significant increase in hiring marks a reversal from the decline seen last fiscal year, driven by a sector-wide hiring slowdown and sluggish revenue growth.
According to the latest data, TCS, the largest IT services provider in India, has added 6,433 employees in FY25, while Infosys, the second-largest IT services provider, has added 6,388 employees. Wipro, the third-largest IT services provider, has seen its headcount increase by 732 employees in the same period.
This hiring spree is a welcome development for the Indian IT sector, which has been facing challenges such as digital disruption, increasing competition from low-cost countries, and the ongoing COVID-19 pandemic. The sector has been undergoing a transformation, with companies shifting their focus from traditional services such as software development and maintenance to newer areas such as cloud computing, artificial intelligence, and cybersecurity.
The hiring growth is also a reflection of the sector’s improved financial performance in FY25. IT companies have been reporting strong revenue growth, driven by the increasing demand for digital services from clients across industries. TCS, for instance, reported a revenue growth of 14.8% in FY25, while Infosys reported a revenue growth of 14.4%. Wipro reported a revenue growth of 12.8% in the same period.
The hiring growth is also a sign of recovery from the decline seen last fiscal year. In FY24, the Indian IT sector had witnessed a decline in hiring, with many companies freezing or reducing their hiring plans due to the pandemic and the subsequent economic downturn. The decline in hiring was also driven by the sector’s focus on cost optimization and improving profitability.
However, the sector has since recovered, and companies are now looking to hire more people to meet the growing demand for digital services. The hiring growth is also driven by the sector’s increasing focus on emerging technologies such as cloud computing, artificial intelligence, and cybersecurity.
The hiring growth is also a positive sign for the Indian economy, which has been facing challenges such as high inflation and a slowdown in GDP growth. The IT sector is one of the largest contributors to India’s GDP, and its growth can have a positive impact on the overall economy.
In conclusion, the hiring growth by TCS, Infosys, and Wipro in FY25 is a welcome development for the Indian IT sector, which has been facing challenges such as digital disruption and increasing competition from low-cost countries. The sector’s improved financial performance and increasing focus on emerging technologies such as cloud computing, artificial intelligence, and cybersecurity are driving the hiring growth, which is also a sign of recovery from the decline seen last fiscal year.
