Tech hiring in India is increasing rapidly by the day, and its mainly driven by the non-tech companies

Over the past couple of years, the Indian tech market has been extensively growing, currently, there is no denying that India is standing at great fortitude and versatility against the major backdrop that came with the global pandemic, ravaging almost all global industries. Spearheading the global change in direction, India is among the few countries that are standing at the forefront of technological transformation and innovation. When the pandemic hit, most businesses, be it tech or non-tech, moved to a virtual mode of conducting business, triggering an increase in tech hiring for efficiency and productivity. Slowly and eventually, all manners of business proceedings started being conducted online. As the pandemic compelled businesses to move online, Indian enterprises catalyzed their digital transformation plans. The overnight digital turn triggered the need for more tech talent across various categories of companies, enhancing tech hiring all over the country.

Recent reports reveal that manufacturing, services, automotive, consumer, telecom, oil and energy, hospitality and tourism, and also infrastructure continue to power India's tech jobs market over the past couple of months. The global tech hiring action has significantly decreased due to the ongoing high inflation and rough macroeconomic winds. But the non-tech domain in India introduced almost 100,000 active openings last month, accounting for over a 35% increase in active demand for tech professionals in non-tech firms in the country. Initially, there were reports saying that tech job vacancies have significantly reduced from July to August, but it was mainly because top FAANG companies announced a hiring freeze due to the adverse macroeconomic conditions in economic markets. But the non-tech sector is rapidly hiring skilled and talented tech professionals to ensure productivity and efficiency in operations.

Rising Importance of Disruptive Technologies in Indian Non-Tech Industries

Experts believe the IT services industry is currently the biggest employment generator in the country, but it recorded its lowest count over the past 16 months as most companies have been extremely cautious about onboarding new talent amid increasing wage costs and high inflation in key client markets. But the non-tech sector is currently mostly driven by positivity due to other economic indicators such as a rise in GST collections and private sector capital expenditure, and an expected revival in rural consumption.

Tech analysts also claim that the upcoming festive months will witness more revenue pop-ups. Some of the top companies across the Indian non-tech sectors are promoting 5G-automated hiring in telecom, consumer electronics, and semiconductors-related hiring in manufacturing, electric vehicles, engineering, and R&D.

The Indian economy is likely to remain a service sector-led economy with various companies finding new pathways for the sector, such as moving beyond information technology and business process outsourcing to enterprise cloud networks and SaaS. Non-tech companies are hiring tech professionals who can handle these technologies efficiently and diversify the nature of business procedures across industries. Presently, the Indian IT and non-tech industry is influenced by a paradigm shift in hiring patterns.