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Indian tech industry to add 1.38L new jobs in FY21

Indian tech industry to add 1.38L new jobs in FY21
According to NASSCOM, the Indian IT industry is expected to close FY21 with over 1,38,000 net new hires, taking the total employee base to 4.47 million.
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Amid COVID-19, many people around the world, across industries, lost their jobs, but things seem to be looking up now.
NASSCOM added that the industry will close FY21 with a revenue of $194 billion.
Earlier this year, the regulatory body also stated that 1,600 new companies were added to the Indian tech startup ecosystem in a report, adding that it is seeing growth at a scale of 8-10 percent year-on-year. ....

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Despite headwinds, IT sector in India is rising

Despite headwinds, IT sector in India is rising
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The IT sector continues to be a net hirer with a focus on digital upskilling, Nasscom said
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India’s technology sector grew 2.3% year-on-year on the back of rapid acceleration in digital transformation and tech adoption, though global output is estimated to have shrunk by 3.2% led by the pandemic, Nasscom said in its Strategic Review 2021 titled ‘New World: The Future is Virtual’.
Despite headwinds in 2020, Indian tech contributed about 8% relative share to the national gross domestic product, with 52% relative share in services exports, and 50% share in total foreign direct investment based on inflows from April to September 2020. ....

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nasscom: IT industry to grow 2.3% to $194bn in FY21: Nasscom

Nasscoms strategic review for the year showed that IT exports would touch $150 billion this year — 1.9% growth over last year. ....

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Indian IT industry's revenues to grow 2.3% to USD 194 billion this fiscal: Nasscom

Indian IT industry's revenues to grow 2.3% to USD 194 billion this fiscal: Nasscom
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IT sector hiring I Good news for IT workers! 95% of CEOs expect to increase hiring in 2021

IT sector contributed almost 8% relative share to the national gross domestic product despite the Covid-19 disruption during the year. ....

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