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India adds 1600 tech startups in 2020: Nasscom

This is the highest addition in three years and takes the total number of tech startups to 12,500, including 12 new unicorns.The country is now the third-largest tech startup hub in the world ....

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Nasscom hopeful of positive engagement with pro-immigration Biden administration

Nasscom hopeful of positive engagement with pro-immigration Biden administration
With still early days into the Biden administration and signs of favourable outlook, Nasscom is hopeful of a more inclusive consultative process in the US on decisions that will affect the Indian IT industry .
Rukmini Rao | February 15, 2021 | Updated 22:56 IST
Nasscom Chairman U B Pravin said that though it is early days with a new team under President Joe Biden settling in, some of the initial announcements coming from the US have been fairly positive .
Indian IT industry body National Association of Software & Services Companies (Nasscom) is hopeful of a positive engagement with the new US administration which it believes is pro-immigration. ....

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Indian Tech Industry To Add 1.38 Lakh Jobs In FY20-FY21

Indian tech industry to add 1.38 lakh jobs in FY20-FY21
The fast-paced growth that India s technology industry has been witnessing in the last few quarters is here to stay, as a majority of CEOs surveyed by industry body Nasscom expect to see significantly higher growth and hiring than 2020 as more companies adopt technology to grow their business in the post pandemic world. As part of its annual strategic report shared on February 15, Nasscom also said the size of the technology industry is estimated to grow 2.3 percent to $194 billion for the year ending March 2021, compared to $190 billion last year. Exports stood at an estimated $150 billion from $147 billion last year. The industry grew 7.7 percent in FY20. Indian tech contributed ~8% relative share to the national GDP, with 52% relative share in services exports, and 50% share in total FDI (Based on FDI inflows for the period April to September 2020). The report further said that the Indian tech industry continues to be ....

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Nasscom CEO Survey 2021: Indian Tech Industry To Add 1.38 Lakh Jobs In FY20-21

Nasscom CEO Survey 2021: Indian tech industry to add 1.38 lakh jobs in FY20-21
CEOs surveyed by industry body expect growth to take place in the digital space. Companies upskill 2.5 lakh employees in the digital space every year. Deal value for cloud grew 80 percent between April and September 2020, compared to October-March 2020 at the back of COVID-19.
February 15, 2021 / 09:09 PM IST
The Indian tech industry is expected to add over 1.38 lakh net new hires in FY2020-21, taking the total employee base to 4.47 million, according to the Nasscom CEO Survey 2021.
The industry continues to be a net hirer, with significant focus on digital upskilling, it showed. The digital talent pool is expected to cross the current 1.17 million, growing at 32 per cent over last year. ....

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NASSCOM Report Says Indian Tech Industry to Add 1.38 Lakh Jobs in FY20-21

NASSCOM Report Says Indian Tech Industry to Add 1.38 Lakh Jobs in FY20-21
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Almost 1.38 lakh people are expected to be hired by the Indian tech industry in FY2020-21, taking the total employee base to 4.47 million, the annual Nasscom report has stated.
The report is the annual strategic report by the industry body titled Technology Industry Performance FY21 and FY22 trends.
It showed that the industry continues to be a net hirer, with a major emphasis on digital upskilling. It is estimated that the digital talent pool will surpass the existing 1.17 million, rising by 32 percent over the previous year. ....

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