Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Dec 18, 2019

Technology Startups Created Over 60,000 Direct Jobs This Year: Nasscom

Technology Startups Created Over 60,000 Direct Jobs This Year: Nasscom
Employees work at a startup office in New Delhi. (Photographer: Sara Hylton/Bloomberg)

Technology startups alone have created 60,000 direct jobs this year and overall the information technology sector will be a "positive hirer" in the current financial year, National Association of Software and Services Companies said on Wednesday.

Speaking at the launch of 'Future Skills PRIME' programme, a joint skilling initiative by the IT ministry and industry association, Debjani Ghosh, President of the industry body said, "even our startups are creating jobs, tech startups have created over 60,000 direct jobs just this year".

IT Minister Ravi Shankar Prasad said that as per Nasscom, the top IT companies have continued hiring momentum.

"Nasscom Chief tells me that top 15 companies have employed 1,00,000 people, in net job creation," Prasad told reporters.

Overall, the IT sector employs 4.1 million people directly and 10.25 million indirectly, he added.

"It (the hiring) is a growth compared to the previous years which is what we had expected. So, compared to last year, the IT services and IT industry will be a positive hirer this year," Ghosh said.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search