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On Sun, 29 Dec, 8:00 AM UTC
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A Buzzy 2025 for Job Seekers as Hiring Set to Rise
India Inc is likely to accelerate its headcount expansion in the coming year with most of the hiring focused on new technologies like AI and data analytics, besides sustainability and diversifying talent.India Inc is likely to accelerate its headcount expansion in the coming year with most of the hiring focused on new technologies like AI and data analytics, besides sustainability and diversifying talent. Executives at firms like Colgate-Palmolive, DS Group, KPMG, Deloitte, Tata Steel, Tech Mahindra and Meesho are updeat on 2025. For most of these companies, overall hiring is likely to surpass the current year's levels, while for others, it will be in line with 2024. Companies are also likely to focus on upskilling the existing workforce. According to CIEL HR's hiring analysis of all sectors, shared exclusively with ET, 2025 will mark at least a 10% increase in jobs compared to the current year. "The highest number of jobs will be added in sectors like semiconductor, startups, cybersecurity, renewable energy, AI and GCCs," said chief executive officer Aditya Mishra. FMCG conglomerate DS Group is looking to grow its headcount next year to support new product launches and expansion plans. Colgate-Palmolive will also be growing its workforce in India, which it considers a "strategic priority" market. IT services company Tech Mahindra and e-commerce firm Meesho are looking at fresh recruitments through the campus route. "The global organisation is looking to seriously grow the India business," said Balaji Sreenivasan, EVP HR, Colgate-Palmolive (India) Ltd. Simin Askari, senior vice president, human resources & business excellence, DS Group, said: "With new product launches and expansion plans across verticals on the horizon, we are gearing up to bolster our teams across key areas." Chief human resources officer Ashish Kumar Singh said Meesho hired in 2024 to drive rapid growth. It now has 1,700 employees including 500 women, he said. Seesho is looking to continue this trajectory next year at the same pace by attracting a diverse pool of young professionals from leading institutions across the country, he added. "Campus hiring efforts have scaled significantly, with an intake nearly three times higher than the previous year, reaffirming our commitment to building a robust and future-ready talent pipeline." Tech Mahindra plans to hire about 5,000 people from engineering campuses this year, said chief people officer Richard Lobo. He said it will undertake its campus hiring in phases. "We are looking at pivoting more on new-age skills like AI, ML, data analytics, etc." For 2025, KPMG is looking to hire aggressively too. "This is on the back of strong demand across all our businesses. We will remain focused on attracting top talent with diverse backgrounds and expertise," Reena Wahi, partner and head of people, performance & culture at KPMG in India, said. The firm is looking at recruiting talent in in-demand skills like data science/analytics, Cloud, AI/ML, IoT, ESG, digital transformation, people with disabilities, the LGBTQIA+ community, and women re-entering the workforce. Tata Steel is looking at building a talent pipeline from within, besides hiring externally. "Our primary focus is to build a future workforce that is not only skilled but also adaptive, innovative, and geared towards future growth and expansion," said a spokesperson.
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India Inc to boost hiring by at least 10% next year vs 2024, estimates CIEL HR
NEW DELHI: India Inc is likely to accelerate its headcount expansion in the coming year with most of the hiring focused on new technologies like AI and data analytics, besides sustainability and diversifying talent. Executives at firms like Colgate-Palmolive, DS Group, KPMG, Deloitte, Tata Steel, Tech Mahindra and Meesho are updeat on 2025. For most of these companies, overall hiring is likely to surpass the current year's levels, while for others, it will be in line with 2024. Companies are also likely to focus on upskilling the existing workforce. According to CIEL HR's hiring analysis of all sectors, shared exclusively with ET, 2025 will mark at least a 10% increase in jobs compared to the current year. "The highest number of jobs will be added in sectors like semiconductor, startups, cybersecurity, renewable energy, AI and GCCs," said chief executive officer Aditya Mishra. FMCG conglomerate DS Group is looking to grow its headcount next year to support new product launches and expansion plans. Colgate-Palmolive will also be growing its workforce in India, which it considers a "strategic priority" market. IT services company Tech Mahindra and e-commerce firm Meesho are looking at fresh recruitments through the campus route. "The global organisation is looking to seriously grow the India business," said Balaji Sreenivasan, EVP HR, Colgate-Palmolive (India) Ltd. Simin Askari, senior vice president, human resources & business excellence, DS Group, said: "With new product launches and expansion plans across verticals on the horizon, we are gearing up to bolster our teams across key areas." Building a Talent Pipeline Chief human resources officer Ashish Kumar Singh said Meesho hired in 2024 to drive rapid growth. It now has 1,700 employees including 500 women, he said. Seesho is looking to continue this trajectory next year at the same pace by attracting a diverse pool of young professionals from leading institutions across the country, he added. "Campus hiring efforts have scaled significantly, with an intake nearly three times higher than the previous year, reaffirming our commitment to building a robust and future-ready talent pipeline." Tech Mahindra plans to hire about 5,000 people from engineering campuses this year, said chief people officer Richard Lobo. He said it will undertake its campus hiring in phases. "We are looking at pivoting more on new-age skills like AI, ML, data analytics, etc." For 2025, KPMG is looking to hire aggressively too. "This is on the back of strong demand across all our businesses. We will remain focused on attracting top talent with diverse backgrounds and expertise," Reena Wahi, partner and head of people, performance & culture at KPMG in India, said. The firm is looking at recruiting talent in in-demand skills like data science/analytics, Cloud, AI/ML, IoT, ESG, digital transformation, people with disabilities, the LGBTQIA+ community, and women re-entering the workforce. Tata Steel is looking at building a talent pipeline from within, besides hiring externally. "Our primary focus is to build a future workforce that is not only skilled but also adaptive, innovative, and geared towards future growth and expansion," said a spokesperson.
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Indian companies are gearing up for a significant increase in hiring for 2025, with a particular emphasis on AI, data analytics, and other emerging technologies. The job market is expected to grow by at least 10% compared to 2024.
India's corporate sector is poised for a significant boost in hiring activities come 2025, with a strong focus on emerging technologies such as artificial intelligence (AI) and data analytics. According to an exclusive analysis by CIEL HR, shared with The Economic Times, the job market is expected to grow by at least 10% compared to 2024 12.
The surge in hiring is anticipated across various sectors, with the highest number of jobs expected in:
Aditya Mishra, CEO of CIEL HR, emphasized the prominence of these sectors in the upcoming job market expansion 12.
Several major corporations have expressed optimistic hiring outlooks for 2025:
Companies are not just looking to increase numbers but are also emphasizing diversity and skill development:
The importance of campus hiring has been highlighted by several companies:
This emphasis on fresh talent aligns with the industry's goal of building a robust and future-ready talent pipeline, capable of adapting to rapid technological advancements.
Reference
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India's AI job market has experienced explosive growth, with a 42% increase over two years. This trend is part of a broader surge in hiring activity across various sectors, reflecting the country's economic resilience and technological advancement.
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Adecco India's 2025 Salary Guide highlights the significant impact of AI on India's job market, with rising salaries in tech sectors and a growing demand for AI-related skills.
2 Sources
2 Sources
A recent survey reveals that 73% of employers in India actively hired in the June quarter. The job market shows a surge in white-collar job activity, with sales, marketing, and tech roles leading the demand.
2 Sources
2 Sources
TeamLease Digital's report reveals a significant increase in tech hiring, especially for AI and cloud roles, with Global Capability Centers leading fresher recruitment. The industry faces a critical need for upskilling to meet the growing demand for specialized tech professionals.
3 Sources
3 Sources
India's tech industry faces a skills gap as it experiences a job boom. While there's high demand for tech talent, concerns arise about the readiness of the youth workforce for emerging technologies like AI.
2 Sources
2 Sources
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