An improving global economic sentiment and a rise in technology spend are expected to drive hiring in the Indian IT-BPM sector, pushing net hiring up 6 per cent this year, industry body Nasscom said on Wednesday. The $118-billion IT-BPM sector employs about 5.5 million people, of which 3.1 million are direct employees. Announcing the findings of an HR survey, Nasscom said the Indian IT-BPM industry will increase its net hiring by approximately six per cent over last year. "With a renewed focus on skills over building capacity, SMEs are expected to drive hiring with 7-8 per cent growth in headcount," it added. The study also found that the industry is now focusing more on lateral hiring as there is a higher demand for niche technology skills and domain-specific capabilities.

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