HomeNewsTrendsITIT reboot: How Infosys, TCS, Wipro & HCL are re-skilling employees to beat automation

IT reboot: How Infosys, TCS, Wipro & HCL are re-skilling employees to beat automation

The Indian IT industry employs around 4 million people according to industry body Nasscom, which also says that about 40% of them need re-skilling over the next five years to stay relevant in the face of automation

July 11, 2017 / 18:37 IST
Story continues below Advertisement
Senior Technical Lead: With a median annual salary Rs 12,00,000 going up to Rs 25,00,000 per annum,  an expertise in designing and building software products, in collaboration with the sales and design verticals, is the main job description. A key skill is to analyze user requirements to ensure customer satisfaction. (Image: Pixabay)
Senior Technical Lead: With a median annual salary Rs 12,00,000 going up to Rs 25,00,000 per annum, an expertise in designing and building software products, in collaboration with the sales and design verticals, is the main job description. A key skill is to analyze user requirements to ensure customer satisfaction. (Image: Pixabay)

Durba Ghosh & Neha Alawadhi Moneycontrol News

The USD 154 billion information technology industry in India is at a crossroads where automation and slowing growth threaten to take over lower level jobs and frequent layoffs by companies continue to haunt the workforce. The only solution for IT employees to cope is to upgrade their skills.

The Indian IT industry employs around 4 million people according to industry body National Association of Software and Services Companies (Nasscom), which also says that about 40 percent of them need re-skilling over the next five years to stay relevant in the face of automation.

Story continues below Advertisement

Nasscom in partnership with Boston Consulting Group has also tied up with 20 member companies – Infosys, Wipro, Mindtree, Accenture, Genpact, Google, Quatrro BPO, Cognizant, NIIT, and ITC Infotech, among others – to train up to 2 million existing and new workers in next five years.

"Companies are now making vast investments in training and re-skilling their employees on new technologies to ensure they are updated and up ready to be deployed on new projects," Alka Dhingra, General Manager at IT staffing firm Team Lease Services said.