he technology job market in India is experiencing significant growth, with companies ramping up their hiring efforts for fresh graduates. According to Great Learning’s latest data, job postings on their GL Excelerate platform surged by 43% in Q2 of FY2024-25. Entry-level positions now account for 59% of these listings, signaling a major shift towards onboarding young talent across critical industries.
Key Industries Driving Demand
Post-pandemic recovery has led to a boom in hiring within sectors like banking, financial services, insurance (BFSI), data analytics, IT, and consulting. These industries heavily rely on fresh graduates to drive innovation and adapt to technological advancements. Roles in data analytics, machine learning (ML), and artificial intelligence (AI) dominate the market, making up over 66% of the total job postings.
Importance of Upskilling
Hari Krishnan Nair, Co-founder of Great Learning, emphasized the importance of upskilling in today’s competitive landscape. The rapid growth of global capability centers (GCCs) has heightened the demand for expertise in areas like data analytics and cybersecurity. Fresh graduates are encouraged to focus on these high-demand skills to enhance their employability.
Hiring Trends Across Cities
Metro cities such as Bengaluru, Hyderabad, and Mumbai are emerging as hotspots for tech jobs, attracting companies and fresh talent alike. These cities serve as hubs for innovation, offering robust infrastructure and a thriving ecosystem that supports both startups and established firms.
Industry Growth Insights
Aligning with Great Learning’s data, the Naukri JobSpeak Index reported an 18% increase in hiring activity compared to last year, particularly in the IT sector. AI/ML roles alone saw a 39% year-on-year growth, reflecting the intense competition among companies to secure top tech talent.
What Fresh Graduates Want
A survey by apna.co found that 80% of Gen Z professionals prioritize career growth and mentorship opportunities over salary. This highlights a shift towards long-term skill development and job stability, pushing companies to craft recruitment strategies that emphasize these aspects.
Preparing for the Future
The surge in hiring, especially for entry-level roles, underscores the importance of adaptability and continual skill enhancement. Fresh graduates entering the job market are encouraged to focus on acquiring in-demand skills in AI and data analytics to stay ahead in a competitive landscape.
Conclusion
The resurgence of the tech job market signals optimism for economic recovery and highlights the critical role of fresh graduates in driving digital transformation. With entry-level positions in high demand, the coming months are expected to see sustained growth in recruitment across technology and analytics sectors. For fresh talent, this is the perfect time to seize opportunities and build a strong foundation for long-term career success.
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