2010 to fetch 50K IT jobs

vIndianz.com (26 Dec, 2009) — After an extended hibernation of 18 months, headhunters are enthusiastically out in the market as aptitude requirements have started trickling in. The hiring impetus is anticipated to pick up from April onwards.

Even in the most horrible scenario, calendar 2010 will generate approximately 50,000 fresh IT/ITES jobs against zero fresh jobs apart from a very thin campus hiring – in the previous year. The calendar 2007 had witnessed a bumper hiring at more than 3 lakh whilst the development got narrowed off towards the third quarter of 2008 clocking a sum hiring of just 1.8 lakh.

B S Murthy, CEO, Leadership Capital says the New Year will guide in improvement and a wave of general hopefulness across segments. “This means a total change from the present skeletal and need-based hiring. The outsized volume-hiring realm (services space) will warm up by the second quarter of calendar 2010. A 15% increase in hiring volumes is anticipated in the first two quarters whilst the development could cross 20% or double towards third and fourth quarter.”

According to Nirupama V G, MD, AdAstra, requirements will begin pouring in like tsunami, HR departments of many corporate have by now geared up for large scale hiring following a extended standstill. “Normalcy will return to the industry by April. In addition to domestic hiring, India is going to come out as an enormous sourcing ground for worldwide jobs across segments, positions and profiles.”

“When we like a vantage position in human resources, talent is still a scarce commodity in global markets. The year 2010 is going to be brilliant year for India in terms of domestic and global placements,” adds Mohan Menon, CEO, Sentient Consulting.

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2010 to fetch 50K IT jobs

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