Global Capability Centers (GCCs) have become major employers for fresh talent, offering salaries up to 30% above the industry average for in-demand skills, a new report has shown. TeamLease Digital, a tech staffing and solutions provider, has shared its insights on hiring trends for FY 2025, highlighting the rising demand across different experience levels, the growing significance of skill development, and the evolving technology landscape.
According to the report, freshers can expect a 40% rise in hiring by GCCs compared to last year, while IT services companies project a 20-25% growth in recruitment. The demand for skills in software development, cloud technologies, and data engineering continues to drive these numbers.
Mid-level roles such as project managers, data scientists, and cybersecurity professionals show steady demand, with salaries increasing by 7.89% to 10.2% over FY 2024. Senior management roles have witnessed a notable 21% rise in demand, reflecting the strategic need for expertise in DevOps, product management, and data engineering. Salaries for these positions have increased between 6.54% and 10.8%.
“The tech industry continues to transform at a rapid pace. To stay ahead, companies must align their talent strategies with technological advancements, particularly in AI and cloud computing. Investing in upskilling programs is not just an option but a necessity, enabling professionals to remain competitive in this dynamic environment. This alignment will be crucial for driving sustainable growth and innovation in the coming years,” Neeti Sharma, CEO of TeamLease Digital, said.
AI, Cloud Skills Lead Hiring Trends
According to the report, AI, machine learning (ML), and automation have spurred demand for data-related roles. In 2024, 69% of data science job postings mentioned ML skills, with the demand for natural language processing (NLP) rising sharply from 5% to 19%. Companies are also actively seeking professionals with expertise in Python, Agile Scrum, AWS security, JavaScript, and ethical hacking.
The rapid shift to cloud-based infrastructure is another key driver of tech hiring. The demand for cloud engineers, developers, and architects is accelerating, with platform-specific certifications in AWS and Microsoft Azure becoming critical. India will require over two million cloud professionals by FY 2025 to meet the growing adoption of cloud technologies across sectors.
Urgency of Upskilling Amid Talent Shortage
The report stresses the importance of upskilling as companies face talent shortages. Alarmingly, 63% of tech employees did not engage in upskilling last year, with time constraints (73%) and lack of managerial support (42%) identified as key barriers. Professionals aiming to transition to senior roles are encouraged to pursue certifications in cloud computing, data analytics, and cybersecurity—skills considered essential for career progression.
Upskilling is becoming a preferred strategy for employers to address talent shortages without adding to hiring costs. Organizations are focusing on building talent from within to meet higher-level responsibilities effectively.
Regional Salary Disparities and Market Shifts
The report highlights state-wise salary variations driven by the cost of living, regional policies, and tech company concentration.
Bangalore and Hyderabad offer competitive salaries due to their status as innovation hubs, while smaller cities like Kochi and Coimbatore provide relatively lower compensation. However, companies are increasingly tapping into Tier-2 cities for talent, where the workforce is gaining importance.
Hyderabad’s favorable government policies have attracted tech investments, resulting in higher salaries, while the high cost of living in cities like Bangalore and Delhi necessitates higher pay compared to places like Ahmedabad.
According to the report, freshers can expect a 40% rise in hiring by GCCs compared to last year, while IT services companies project a 20-25% growth in recruitment. The demand for skills in software development, cloud technologies, and data engineering continues to drive these numbers.
Mid-level roles such as project managers, data scientists, and cybersecurity professionals show steady demand, with salaries increasing by 7.89% to 10.2% over FY 2024. Senior management roles have witnessed a notable 21% rise in demand, reflecting the strategic need for expertise in DevOps, product management, and data engineering. Salaries for these positions have increased between 6.54% and 10.8%.
“The tech industry continues to transform at a rapid pace. To stay ahead, companies must align their talent strategies with technological advancements, particularly in AI and cloud computing. Investing in upskilling programs is not just an option but a necessity, enabling professionals to remain competitive in this dynamic environment. This alignment will be crucial for driving sustainable growth and innovation in the coming years,” Neeti Sharma, CEO of TeamLease Digital, said.
AI, Cloud Skills Lead Hiring Trends
According to the report, AI, machine learning (ML), and automation have spurred demand for data-related roles. In 2024, 69% of data science job postings mentioned ML skills, with the demand for natural language processing (NLP) rising sharply from 5% to 19%. Companies are also actively seeking professionals with expertise in Python, Agile Scrum, AWS security, JavaScript, and ethical hacking.
The rapid shift to cloud-based infrastructure is another key driver of tech hiring. The demand for cloud engineers, developers, and architects is accelerating, with platform-specific certifications in AWS and Microsoft Azure becoming critical. India will require over two million cloud professionals by FY 2025 to meet the growing adoption of cloud technologies across sectors.
Urgency of Upskilling Amid Talent Shortage
The report stresses the importance of upskilling as companies face talent shortages. Alarmingly, 63% of tech employees did not engage in upskilling last year, with time constraints (73%) and lack of managerial support (42%) identified as key barriers. Professionals aiming to transition to senior roles are encouraged to pursue certifications in cloud computing, data analytics, and cybersecurity—skills considered essential for career progression.
Upskilling is becoming a preferred strategy for employers to address talent shortages without adding to hiring costs. Organizations are focusing on building talent from within to meet higher-level responsibilities effectively.
Regional Salary Disparities and Market Shifts
The report highlights state-wise salary variations driven by the cost of living, regional policies, and tech company concentration.
Bangalore and Hyderabad offer competitive salaries due to their status as innovation hubs, while smaller cities like Kochi and Coimbatore provide relatively lower compensation. However, companies are increasingly tapping into Tier-2 cities for talent, where the workforce is gaining importance.
Hyderabad’s favorable government policies have attracted tech investments, resulting in higher salaries, while the high cost of living in cities like Bangalore and Delhi necessitates higher pay compared to places like Ahmedabad.
You may also like
Starlink Sets Its Sights on India: Musk's Vision for Better Connectivity
SCO meeting: Pakistan PM Shehbaz Sharif stays silent on Kashmir
'My son has come back': Murdered fan Renukaswamy's father as grandson born
Alastair Cook, Neetu David And AB De Villiers Inducted Into The ICC Hall Of Fame As Class Of 2024
'Stylish' ankle wellies are 'so comfortable and a godsend in wet weather' - and under £20
Diwali BONANZA! Haryana anganwadi workers salary hike announced ahead of festival
YSRCP leader Sajjala Ramakrishna Reddy summoned for questioning in TDP office attack case
Jagmeet Singh calls for sanctions against Indian diplomats and ban on RSS amid diplomatic row
Ex-Liverpool player names the team to stop Man City - but it's not the Reds
Cabinet approves 3 pc hike in DA of central govt employees
Liverpool's Conor Bradley 'had goosebumps' after setting new Northern Ireland record
Conor McGregor fight date shot down immediately by opponent he called out
UAE: Insurers lost up to more than Dh9 billion in heavy April rains this year
Pakistan calls for expansion of China's Belt and Road Initiative
Rohit Sharma has the responsibility of continuing the reign of 36 years, New Zealand will be tested again.
Remove burn marks from a cooker using 1 simple item - not oven cleaner or vinegar
British influencer dies after falling from 192 meters high Castilla-La Mancha bridge
Why is BCCI preparing to remove Harmanpreet Kaur? 5 big reasons came to light including Team India's defeat.
Every trophy Thomas Tuchel has won as ex-Chelsea boss takes charge of England
Trouble Sleeping? Say Goodbye to Insomnia with These 8 Simple Yet Effective Tips