IT majors offer 55,000 jobs
Firms like Infosys and TCS have added 18,695 people. Experts visualise more opportunities during rest of the fiscal.india Updated: Jul 20, 2006 20:47 IST
Going by the momentum created by the strong gains in the new fiscal year, IT companies are planning to hire more than 55,000 employees.
While Infosys, TCS and Wipro have added nearly 18,695 employees to their payrolls during the April-June quarter that ended on June 30, industry experts see more new job opportunities during rest of the fiscal, notwithstanding the underlying concerns over the potential impact of soaring wage inflation on companies' profit margins.
The country's second largest software exporter Infosys added 8,907 employees during the June quarter, while industry leader TCS announced gross addition of 7,095 employees in the same period.
While Infosys plans to hire 25,000 employees in 2006, TCS announced that it would increase headcount by 30,500 people.
Another software major Wipro recruited 2,693 employees during the April-June period this year, taking its total staff count to 56,435.
During the latest quarter, about 2,000 employees joined Infosys on a single day, which underlines the company's continued focus on investment in creating training and recruitment engine to meet its growth objectives.
Infosys HRD chief TV Mohandas Pai said during the company's Q1 results announcement, "We are well on the way of hiring 25,000 (gross) employees for the year. Our employee policies and investment in education and training have made Infosys the employer of choice."