Infosys looks at double digit growth in FY22, to hire 24,000 freshers from campuses

India’s second largest IT service provider Infosys is looking at double digit growth at the back of large deal wins and demand for digital in FY22. The company has ramped up fresher hiring to 24,000 next fiscal.

“We see next year as a double digit growth year from everything that we are seeing the market. We have tremendous amount of positive news in terms of large deal wins and the momentum that we have built,” said Salil Parekh, CEO, Infosys, during the Q3 results announcement.

This is also one of the reasons the company has ramped up its fresher hiring in FY22 from 15,000 to 24,000. “In this quarter, we have seen tremendous growth. Given the growth momentum we are seeing and high utilization…attrition can possibly pick up. Considering all that we have increased the fresher hiring to 24,000,” said UB Pravin Rao, COO, Infosys.

For the quarter ending December 2020, the IT major’s large deal signing stood at $7.13 billion, an all time high deal wins, 73 percent of them being net new. Its largest deal wins include Vanguard, Daimler and Rolls Royce.