The Demand will increase for tech talent in 2019

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MUMBAI | KOLKATA: Companies in India will step up hiring of technology talent in the New Year as digital will play an important role for many of the businesses as they gear up for disruption.
According to industry estimates, the hiring of digital and technology talent will double in the year ahead as businesses transform, customer needs change and newer technologies come into play.

Sectors such as automobile, banking and financial services, consumer goods, manufacturing and pharmaceutical will contribute to the high demand for talent in the space of technology and digital, experts said.

Prince Augustin, Executive Vice President of Group Human Capital and Leadership at Mahindra & Mahindra (M&M), one of the largest Indian vehicle manufacturer, said, “M&M is actively looking at hiring talent with technology expertise in AI. We will be using AI and emerging technologies across the Mahindra Group, and we are taking it very seriously.”

However, the increased demand for tech workers is part of a broader pattern and the effect of growth in digital business worldwide.For example, EXL, a New York-based company providing IT-based services had ramped up its recruitment of talents in advanced digital technologies in recent years.The company’s global head of digital transformation and global chief information officer, Baljit Singh said, “The growth in our digital business is pushing up the need for digital talent and expertise.”

Meanwhile, IT and outsourcing firm, Mindtree foresees at least five to ten percent growth in hirings in the areas of digital, infrastructure management, and testing services.

As talent shortage is not something that could be addressed in the immediate future, increased collaboration between private firms, government agencies, and universities is crucial to develop a framework to generate a sustainable talent pool, so that the country’s digital transformation journey is not impeded.

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