Hiring in the IT sector went up by 16% year-on-year in April, due to developments like AI adoption, cloud modernisation, and the continued growth of Global Capability Centres, a report said on Friday.
India's IT hiring grew in April, indicating a notable reversal from fluctuations across previous years, the report 'The Foundit Insights Tracker (FIT)' by jobs platform Foundit said.
GCCs were a prominent factor in this hiring growth, making up over 110,000 new tech jobs in fiscal 2025 and increasing demand for roles such as 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 also said that skill-based hiring was the most prominent practice, with 62% of IT employers giving precedence to practical expertise over formal qualifications.
The domains with the most demands included AI/machine learning, cloud computing, cybersecurity, and data analytics, which make up 95% of job postings in the IT sector, it stated.
Cities like Coimbatore (40%), Ahmedabad (17%), and Baroda (15%) saw notable annual hiring growth spurred by hybrid work models and cost advantages, said the report.
Key metropolitan areas which include major regions like Bengaluru (9%), Mumbai (9%), and Delhi NCR (7%) remained the primary centres for hiring leadership and specialist positions, the report further indicated.
The Indian IT sector experienced its largest foreign portfolio investment outflows in almost three years during April.
This selling pressure, totalling $1.8 billion, followed the release of underwhelming earnings reports and cautious future projections from major software companies.
According to NDTV Profit's analysis of data from the National Securities Depository Ltd., this monthly outflow represents the biggest since May 2022, when foreign funds divested $2.1 billion from the sector.
(With Inputs From PTI)
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