ManpowerGroup Talent Solutions: APAC QMR Q3 2023 | 23
Demand Trend for Job Vacancies - India
India – IT Snapshot
MSA
Candidate
Supply
Open
Positions
Bangalore MSA, K ā
1,633,116 94,282
Hyderabad MSA, Telangana
698,228 52,429
Pune MSA, ā ā
606,532 40,895
Greater Mumbai MSA,
ā ā
923,903 36,592
ā
1,477,661 34,729
Delhi MSA, Delhi
607,799 24,090
Gurgaon MSA, ā
263,152 18,734
Ahmedabad MSA, j ā
130,312 13,507
Kolkata MSA, West Bengal
345,666 11,300
Kochi MSA, Kerala
90,532 5,601
India Wide (All IT Function) 4,386,925 364,289
Key Metro Areas For Potential Candidates Working
in an IT Function and Open Positions
In FY22- '
▪ Was estimated to have 5.4 million
employees (5.7% Growth YOY)
▪ 36% Female
▪ Accounted for approximately 7.5% of
'
▪ Estimated to be worth US$245 billion
(8.4% YOY Growth)
During 2022, there were over 1,300 new tech
startups and more than 280,000 employees
were reskilled.
‾ Open IT Job Function Vacancies 364,289
‾ Time To Fill: 61 Days
‾ 45% of roles filled within 30 days
‾ Hiring: Moderately Difficult
‾ 8% of Roles in the last quarter were Fully Remote
‾ Microsoft Azure is a Growing Skill. 15% growth in inclusion
in job roles YOY.
‾ Communication, Testing, Software Development and
Analysis continue to be core skills.
‾ SQL, Databases and Java are the competences in highest
demand.
IT Job Function Vacancies – India
October 2023, YOY Urban inflation was 4.6%
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
https://www.mospi.gov.in/sites/default/files/press_release/CPI_PR_13nov23.pdf
https://static.investindia.gov.in/s3fs-public/2023-12/IT-BPM%20sector_v7_single%20Page.pdf
https://nasscom.in/knowledge-center/publications/india-tech-industry-digital-talent-demand-and-
supply-2023
‾ Approximately 90% of open IT roles in India are within
the top 10 MSAs
IT
Services;
51%
Engineering
& R&D; 17%
Hardware
Products; 7%
BPM;
19%
Software Products;
6%
Technology Industry Profile by Revenue
▪ In 2022-23, India had 2.5 million new STEM graduates
– 43% Females
▪ In 2022, Apprentices accounted for 0.1% of the
Workforce in India.
‾ To develop a more skilled workforce, Govt offers
employers financial support and candidates the
opportunity to receive short-term training.
‾ 2023-24 Union Budget is set to enable 4.7 million
youth to have 3-year apprenticeships including; AI,
Robotics, coding, 3D printing and soft skills.
▪ ' "
Quess Corp, there has been a significant increase in
apprentice engagement in the BFSI and IT sectors.
