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IT sector bounces back with 18% YoY growth in hiring in September
The New Indian Express
|October 05, 2024
FROM the sluggish pace of hiring, the IT sector has bounced back strongly in September as there was an 18% year-on-year (YoY) growth in hiring.
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Among cities, Jaipur led with a 47% YoY increase in IT roles, followed by Kolkata at 32%, according to data from the Naukri JobSpeak Index.
Like previous months, Artificial Intelligence/Machine Learning roles surged by 31%, indicating increasing demand for tech talent. The IT sector also saw a 35% y-o-y growth in hiring for professionals with over 16 years of experience.
Unicorns and foreign MNCs were key drivers of this growth, with 16% and 14% y-o-y increases respectively, the report showed.
This story is from the October 05, 2024 edition of The New Indian Express.
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