News: Job offers in Indian software industry already top a lakh

Campus Recruitment

Job offers in Indian software industry already top a lakh

According to the estimates of the Indian software industry, the fiscal 2012 will close with an addition of around 230,000 jobs. This fast rate of job addition has been despite the threat of a slowdown. For the coming fiscal, the industry has already made about 100,000 jobs offers on campus, and along with this the increase in revenues point to the fact that the industry is shifting towards non-linearity in revenue models. In fact for the IT industry, the revenues are set to grow at 16 percent but the number of people added is likely to grow only by 10 percent.

According to the estimates of the Indian software industry, the fiscal 2012 will close with an addition of around 230,000 jobs. This fast rate of job addition has been despite the threat of a slowdown. For the coming fiscal, the industry has already made about 100,000 jobs offers on campus, and along with this the increase in revenues point to the fact that the industry is shifting towards non-linearity in revenue models. In fact for the IT industry, the revenues are set to grow at 16 percent but the number of people added is likely to grow only by 10 percent.

Source: The Economic Times

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Topics: Campus Recruitment, #Updates, #Jobs

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