Unfazed: India Inc hiring to gain momentum in 2022

Corporate India is pushing ahead with its hiring plans for 2022, unfazed by the ups and downs of the Covid-19 waves, officials of several companies including Goldman Sachs, KPMG, Deloitte, Mondelez, Ab InBev GCC, RPG Group and Tech Mahindra told ET.

Now with Covid-19 cases ebbing, the overall hiring momentum is only expected to build up further, recruitment firms like Manpower India and TeamLease Services aid.

Talent with expertise in digital, new technologies, cloud services, etc. are in demand across sectors as technology adoption amplified during the pandemic.

Also, with the pandemic making remote working normal, hiring by firms such as RPG Group, Tech Mahindra and Mondelez has become location agnostic.

Most companies are optimistic on hiring and are not seeing any headwinds.

“In the new financial year starting April 1, 2022, we could make as many as 8,000-plus offers if demand continues to grow,” Sunit Sinha, partner and head – people, performance, and culture at KPMG in India, told ET.

A recent Manpower survey put the hiring intent for the current quarter at a nearly eight-year high.

The TeamLease Employment Outlook report for the same period suggested that recruitment plans for companies are at a seven-quarter high, the highest since the beginning of the pandemic.

Across sectors including edtech, consulting and manufacturing, firms are bullish on hiring this year.

“Corporate India has made peace with the co-existence with the virus and is now more prepared than ever,” said Rituparna Chakraborty, cofounder at TeamLease Services.

IT services firm Tech Mahindra is building future-ready talent across digital skills such as artificial intelligence, internet of things (IoT), XDS (customer experience), deep tech, and space technology, among others.

“For this, we are doubling our talent supply, not just by cross-skilling, upskilling, and hiring from the existing talent pool in the industry, but also by looking for fresh talent in tier-2 and tier-3 cities and the overseas markets,” said Harshvendra Soin, global chief people officer at Tech Mahindra.

Similarly, RPG Group is hiring across all levels within the group with more focus on hiring for new age skills.

Across sectors including edtech, consulting and manufacturing, firms are bullish on hiring this year.

IT services firm Tech Mahindra is building future-ready talent across digital skills such as artificial intelligence, internet of things (IoT), XDS (customer experience), deep tech, and space technology, among others.

“For this, we are doubling our talent supply, not just by cross-skilling, upskilling, and hiring from the existing talent pool in the industry, but also by looking for fresh talent in tier-2 and tier-3 cities and the overseas markets,” said Harshvendra Soin, global chief people officer at Tech Mahindra.

Similarly, RPG Group is hiring across all levels within the group with more focus on hiring for new age skills.

“Some of our companies will be and are already hiring rather aggressively… One of our group companies is hiring close to three times to what we hired last year,” said Supratik Bhattacharyya, chief talent officer at RPG Group. It is tapping talent from tier 2-3 cities as well.

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