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Talent Solutions - APAC QMR Q2 2023 | 22 Demand Trend for Job Vacancies - India Hiring Demand Trend for the Top 3 Functions within IT India – IT Snapshot MSA Candidate Supply Open Positions Bangalore MSA, Ka ā a a 1,644,317 76,750 Hyderabad MSA, Telangana 701,838 48,684 Pune MSA, a ā ās a 619,399 40,903 ai A a i ā 1,480,854 35,881 Greater Mumbai MSA, a ā ās a 946,539 33,121 Delhi MSA, Delhi 619,314 20,778 Gurgaon MSA, a ā a 265,843 18,073 Kolkata MSA, West Bengal 343,063 13,101 Ahmedabad MSA, a ā 126,702 12,080 Kochi MSA, Kerala 88,993 5,312 India Wide (All IT Function) 4,398,546 341,789 Key Metro Areas For Potential Candidates Working in an IT Function and Open Positions In FY22- I ia's I -BPM ▪ Was estimated to have 5.4 million employees ▪ Accounted for approximately 7.5% of I ia's P ▪ Estimated to be worth US$245 billion During 2022, there were over 1,300 new tech startups and more than 280,000 employees were reskilled. The 2023-24 Union Budget included a focus on digital skilling and reskilling especially for the youth. ▪ 100 5G enabled laboratories for R&D development ▪ 4.7 million youth will have 3 year on–the– job apprenticeship courses including, AI, robotics, 3D printing, drones, coding and soft skills. ▪ Greater emphasis on Industry partnerships ▪ Greater digitalisation of government and the creation of a Skill India Digital Platform ▪ Government focus areas include cybersecurity, hyper-scale computing, AI and blockchain. ‾ Open IT Job Function Vacancies 341,789 ‾ Time To Fill: 69 Days ‾ 40% of roles filled within 30 days ‾ Hiring: Moderately Difficult Junior Level Mid-Level Senior Level Computer Operator Java Developer Software Engineer Php Developer Dot Net Developer Java Developer Software Engineer Devops Engineer Senior Consultant IT Job Function Vacancies – India July 2023, YOY Urban inflation was 7.2% Sources: Ministry of Statistics Programme Implementation - https://mospi.gov.in/ https://www.investindia.gov.in/sector/it-bpm https://www.statista.com/ https://timesofindia.indiatimes.com/blogs/voices/budget-2023-how-upskilling-would- be-the-game-changer-for-the-youth/ Gartner Talent Neuron https://www.wantedanalytics.com ‾ Approximately 90% of open IT roles in India are within the top 10 MSAs Junior (0-2 years) Mid-Level (3-7 years) Senior (8 years+) Software Developers Web Developers Other Computer Occupations