India adds IT jobs despite recession

The largest addition of jobs in the country came in the IT services and BPO industries

India added 487,000 jobs in its IT and BPO (business process outsourcing) export industries in the quarter ended Dec. 31, despite the global recession, according to a Quarterly Quick Employment Survey by the country's labor bureau.

The survey was conducted to assess the impact of the economic slowdown on employment in India.

The results, released Thursday, found that of a total of 638,000 jobs added across the economy, 580,000 were in the exports sector. IT services and BPO exporters led the pack.

Besides Indian service providers, a large number of multinational companies like IBM and Accenture have set up IT services and BPO operations in the country, that service both the Indian market and markets abroad. Most of India's IT and BPO exports go to the U.S. and the U.K.

In January this year, a large number of Indian outsourcers, including the largest, Tata Consultancy Services (TCS), and the second largest, Infosys Technologies, reported plans to increase hiring in anticipation of improved business conditions.

TCS, for example, added 7,692 positions in last quarter of 2009, taking the total staff at the end of the quarter to 149,654. The company plans to hire about 8,000 trainees and about 3,000 experienced staff in the current quarter, it said.

India's software and services exports are expected to grow at 5.5 percent to US$49.7 billion in the Indian fiscal year to March 31, 2010, Minister for Communications and IT Sachin Pilot told Parliament on Thursday.

That growth rate for software and services exports is well behind the 16.5 percent rate in the year to March 31, 2009, and 29.5 percent in the previous year.

However an expected uptick in business later this year is driving new hiring by the IT and BPO sector. The National Association of Software and Service Companies (Nasscom) said in February that India's exports of software services and BPO are likely to increase by 13 to 15 percent in the fiscal year to March 31, 2011.

Some companies have also indicated that they will increase staff salaries soon. Raises were cut down or held back last year after the recession hit the industry.

Join the PC World newsletter!

Error: Please check your email address.

Tags indiacareers

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

John Ribeiro

IDG News Service
Show Comments

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Azadeh Williams

HP OfficeJet Pro 8730

A smarter way to print for busy small business owners, combining speedy printing with scanning and copying, making it easier to produce high quality documents and images at a touch of a button.

Andrew Grant

HP OfficeJet Pro 8730

I've had a multifunction printer in the office going on 10 years now. It was a neat bit of kit back in the day -- print, copy, scan, fax -- when printing over WiFi felt a bit like magic. It’s seen better days though and an upgrade’s well overdue. This HP OfficeJet Pro 8730 looks like it ticks all the same boxes: print, copy, scan, and fax. (Really? Does anyone fax anything any more? I guess it's good to know the facility’s there, just in case.) Printing over WiFi is more-or- less standard these days.

Ed Dawson

HP OfficeJet Pro 8730

As a freelance writer who is always on the go, I like my technology to be both efficient and effective so I can do my job well. The HP OfficeJet Pro 8730 Inkjet Printer ticks all the boxes in terms of form factor, performance and user interface.

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre x360

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga 910

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?