IT Sector Set to Double Fresher Hiring in FY25 Amid Demand Surge
The IT sector is poised for a major recovery in fresher hiring, with entry-level recruitment expected to nearly double in FY25 compared to last year. Leading IT firms have already resumed campus hiring, preparing for a sharp rebound. According to reports, the sector is projected to exceed 150,000 fresher hires, driven by strong demand, particularly in the banking, financial services, and insurance (BFSI) sectors.
After a record low intake in FY24, where net hires were just around 60,000, IT companies are now aiming for over 150,000 new recruits in FY25, a potential 100% year-on-year growth, says Kapil Joshi, Deputy CEO at Quess IT Staffing. This optimism is fueled by large deal wins, global expansion, and reduced bench strength. Industry experts project a further 10-15% rise in fresher hiring during the second half of FY25.
Major players like Accenture are leading the way, with a reported 24,000 headcount increase in Q4, the largest in ten quarters. Most of this hiring is focused on India, with a strong emphasis on technology roles. Similarly, Infosys, Wipro, TCS, and HCLTech are ramping up recruitment efforts, collectively committing to hiring over 82,000 freshers in FY25. This hiring spree follows a year of cautious spending by clients, but the IT industry is now gearing up for a brighter future, with signs of recovery in global markets.