Dr. Ritu Anand is a pioneer in the field of Human Resources. She is currently the Chief Leadership Diversity Officer at Tata Consultancy Services. She holds a doctorate in Psychology and is passionate about understanding human behaviour. She is a thought leader with a passion for nurturing human capital and creating value through Culture, Inclusion, and Leadership Transformation. She was chosen as one of the Top Voices 2020 on LinkedIn.
Hitesh is a seasoned and well-respected professional with 20 years of experience in the internet industry. He is part of various industry forums including TiE, New Delhi and is a former Chairman of The Internet and Mobile Association of India. He is one of the Founders and a Trustee of Ashoka University. He won the Prestigious Ernst and Young Entrepreneur of the Year award for Business Transformation in the year 2008. He has also been awarded the Distinguished Alumnus Award of 2019 by IIM Bangalore.
Abhimanyu is the co-founder of Scaler Academy, an online tech-varsity for software developers. An alumnus of IIIT Hyderabad, Abhimanyu has been a passionate entrepreneur since his BTech days. He initially co-founded Daksh Home Automations Systems which was later sold to a multinational. He has also worked with companies like Progress Software and Fab.com in the past.
Sriram is the Founder of Diamondpick, a firm specializing in providing talent solutions to customers in the digital technology and operations industry. Earlier he was the head of global talent supply chain at Cognizant for over 18 years. Before joining Cognizant, Sriram was part of the human capital consulting team of Arthur Andersen that delivered on assignments for large organisations in India and the Middle East.
The Indian IT industry has crossed the $200-billion mark in revenue this fiscal, creating a watershed moment for India's technology services sector. It also cemented its position as the largest private-sector employer in India, accounting for 5 million direct jobs, with over 2 million added in the last 2 years. Of this, 450,000 was added in the FY2022 alone, the highest addition ever as companies stepped up hiring to meet the rising demand. Close to 1.8 million were women employees, with 200,000 hired in FY22, according to the Strategic Review report released by the IT industry body NASSCOM.
The industry, which includes IT services, BPM, and captives, added $30 billion in incremental revenue and grew 15.5 percent, the highest ever since 2011. With the industry growing at 11-14 percent, the sector revenue is projected to reach $350 billion by FY2026. This will require a huge talent pipeline, as companies brace for more outsourcing work moving to India.
What does the breakthrough year for IT mean for employment and hiring? What skills are in demand? Will the same pace of hiring continue for the next few years? Will the nature of hiring become more inclusive and diverse, with remote jobs going up?
Catch an ace panel of speakers decode all this and more on Moneycontrol Masterclass.
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