{"id":1291312,"date":"2025-03-04T10:50:23","date_gmt":"2025-03-04T05:20:23","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1291312"},"modified":"2025-03-04T10:52:42","modified_gmt":"2025-03-04T05:22:42","slug":"it-jobs-are-back-1-25-lakh-new-jobs-to-be-added-in-2025-nasscom-report","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/it-jobs-are-back-1-25-lakh-new-jobs-to-be-added-in-2025-nasscom-report\/","title":{"rendered":"IT Jobs Are Back! 1.25 Lakh New Jobs To Be Added In 2025 &#8211; NASSCOM Report"},"content":{"rendered":"\n<p>The Indian tech industry is poised to add 1.25 lakh new jobs in the 2024-25 financial year, bringing the total workforce to 58 lakh. This growth, highlighted in the National Association of Software and Service Companies (Nasscom) Annual Strategic Review report released on February 24, signals a recovery from a slowdown that lasted over 1.5 years, triggered by macroeconomic challenges in key markets like the United States and Europe.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/03\/Untitled-design-27-1-1280x720-3-1024x576-4-3-1024x576-1-1.jpeg\" alt=\"IT Jobs Are Back! 1.25 Lakh New Jobs To Be Added In 2025 - NASSCOM Report\" class=\"wp-image-1291543\" srcset=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/03\/Untitled-design-27-1-1280x720-3-1024x576-4-3-1024x576-1-1.jpeg 1024w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/03\/Untitled-design-27-1-1280x720-3-1024x576-4-3-1024x576-1-1-300x169.jpeg 300w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/03\/Untitled-design-27-1-1280x720-3-1024x576-4-3-1024x576-1-1-768x432.jpeg 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Indian Tech Industry Set for Strong Growth Driven by AI and GCCs<\/strong><\/p>\n\n\n\n<p>Revenue projections are also strong, with the industry set to reach $300 billion by the end of FY26, representing a 5.1% growth in FY25. By the end of FY25, industry revenue is expected to surpass $282.6 billion. The report <a href=\"https:\/\/pune.news\/business\/indian-tech-industry-to-add-1-25-lakh-jobs-in-fy25-reveals-nasscom-report-310831\/#google_vignette\">notes<\/a> that hardware and software together contributed $13.8 billion in incremental revenue.<\/p>\n\n\n\n<p>A significant driver of this growth is the rise of artificial intelligence (AI) and the evolving role of Global Capability Centres (GCCs), both of which are reshaping industry dynamics. Sindhu Gangadharan, Nasscom&#8217;s Chairperson, highlighted the impact of AI advancements and the growing importance of GCCs in enabling higher value-added services across various sectors. Digital engineering, in particular, is expanding into industries like banking, financial services, insurance (BFSI), healthcare, and retail, with two-thirds of major deals focused on this shift.<\/p>\n\n\n\n<p><strong>India\u2019s Tech Industry Shifts Toward High-Value Services with Focus on AI and GCCs<\/strong><\/p>\n\n\n\n<p>Job growth is expected to slow slightly, with 60,000 jobs forecast for FY24, compared to 2.7 lakh in FY23. However, the number of GCCs has risen to over 1,750 in 2024, underscoring the industry\u2019s shift toward high-value services and product engineering. Nasscom\u2019s report also shows a balanced export revenue split between global MNCs (including GCCs) and Indian service providers.<\/p>\n\n\n\n<p>As companies like Wipro align with Nasscom\u2019s vision, focusing on emerging technologies like AI, cloud computing, and cybersecurity, India\u2019s tech industry is on track to solidify its global leadership while adapting to an increasingly complex economic landscape.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Indian tech industry is poised to add 1.25 lakh new jobs in the 2024-25 financial year, bringing the total workforce to 58 lakh. This growth, highlighted in the National Association of Software and Service Companies (Nasscom) Annual Strategic Review report released on February 24, signals a recovery from a slowdown that lasted over 1.5 [&hellip;]<\/p>\n","protected":false},"author":26,"featured_media":1291543,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[774,422],"class_list":["post-1291312","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-it-jobs","tag-jobs"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IT Jobs Are Back! 1.25 Lakh New Jobs To Be Added In 2025 - NASSCOM Report - Trak.in - Indian Business of Tech, Mobile &amp; Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/it-jobs-are-back-1-25-lakh-new-jobs-to-be-added-in-2025-nasscom-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IT Jobs Are Back! 1.25 Lakh New Jobs To Be Added In 2025 - NASSCOM Report - Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"og:description\" content=\"The Indian tech industry is poised to add 1.25 lakh new jobs in the 2024-25 financial year, bringing the total workforce to 58 lakh. This growth, highlighted in the National Association of Software and Service Companies (Nasscom) Annual Strategic Review report released on February 24, signals a recovery from a slowdown that lasted over 1.5 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trak.in\/stories\/it-jobs-are-back-1-25-lakh-new-jobs-to-be-added-in-2025-nasscom-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-04T05:20:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-04T05:22:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/03\/Untitled-design-27-1-1280x720-3-1024x576-4-3-1024x576-1-1.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Rohit Kulkarni\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rohit Kulkarni\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trak.in\/stories\/it-jobs-are-back-1-25-lakh-new-jobs-to-be-added-in-2025-nasscom-report\/\",\"url\":\"https:\/\/trak.in\/stories\/it-jobs-are-back-1-25-lakh-new-jobs-to-be-added-in-2025-nasscom-report\/\",\"name\":\"IT Jobs Are Back! 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