India’s IT sector contributes approximately 7% to the national GDP. The industry currently employs nearly 6 million people. Major firms including TCS, Infosys, and Wipro are reducing staff levels following years of consistent growth. Generative AI now automates formulaic coding and software maintenance tasks.
A recent survey shows that 55% of companies reported a decline in entry-level hiring. The automation of repetitive tasks forces the industry to pivot toward complex, higher-value work.
This transition creates an immediate demand for new technical skills. Industry experts express concern over a potential skills gap as the traditional outsourcing model evolves.