There is high demand and higher supply, yet the two don’t meet for the Indian tech industry. Last year, TCS reported 80,000 vacancies, but the majority of the 1.5 lakh engineering graduates who pass out annually did not suit the job. Similar is the contrast when it comes to the economics of the sector. While the revenue of IT companies has recorded steady growth, entry-level salaries have not kept pace with compensation starting at Rs4 lakh per annum.
Back to the Drawing Board: Building India’s Tech Talent Ecosystem | Remadevi Thottathil | CHRO | Latent View Analytics
