Tata Consultancy Services (TCS), one of India’s leading IT services companies, is set to onboard 40,000 fresh graduates in the current financial year (FY25) and anticipates exceeding that figure in FY26. This decision aligns with TCS’s optimistic growth projections and focus on expanding its workforce to support its evolving digital services portfolio.
Strategic Hiring Plans
FY25 Onboarding: The company plans to hire 40,000 fresh graduates, reflecting its immediate workforce expansion needs.
FY26 Growth: Plans are already in motion to exceed this hiring number in FY26.
Advanced Training: Fresh hires will receive training in cutting-edge technologies like Artificial Intelligence (AI) and Generative AI (GenAI).
Key Drivers Behind Hiring
Optimistic Growth Projections: TCS foresees increased demand for IT and digital transformation services.
Expanding Digital Services: The company is enhancing its capabilities in AI, GenAI, cloud computing, and data analytics.
Talent Pipeline: Investing in fresh talent ensures a skilled workforce for emerging technology domains.
Training and Development
AI and GenAI: Training freshers in AI technologies to build a robust talent pool for future projects.
Industry Readiness: Comprehensive programs to upskill recruits for client-specific requirements.
Long-Term Focus: Developing expertise in transformative technologies to maintain competitive advantage.
Challenges and Opportunities
Retention and Upskilling: Ensuring long-term retention of talent and continuous upskilling to match market demands.
Competition for Talent: Competing with other IT giants for the best graduates in an increasingly competitive hiring landscape.
Technology Evolution: Staying ahead of technological changes by investing in ongoing training and R&D.
Leadership Perspective
Milind Lakkad, Chief Human Resources Officer at TCS, remarked:
“We are on track to onboard 40,000 freshers this fiscal year, and I expect that number to go up a bit more in FY26. Training in advanced technologies will be a key focus as we align our workforce with the demands of the future.”
Broader Implications
For Graduates: Opens avenues for fresh talent to enter the IT sector and work on transformative technologies.
For the Industry: Sets a benchmark for large-scale hiring and training in AI and digital services.
For the Economy: Contributes to job creation and skill development in India’s growing IT industry.
Future Outlook
Increased AI Focus: AI and GenAI will play a pivotal role in TCS’s service offerings, requiring continuous investment in skilled talent.
Campus Hiring Expansion: TCS is likely to broaden its campus hiring footprint to tap into talent from more institutions.
Global Projects: Fresh talent will contribute to both domestic and international projects, strengthening TCS’s global presence.
Conclusion
TCS’s ambitious hiring plan for FY25 and beyond reflects its commitment to innovation and growth in the IT sector. By focusing on training graduates in advanced technologies like AI and GenAI, the company positions itself as a leader in the digital transformation space while fostering the development of future-ready talent.