Mumbai: India’s burgeoning technological landscape promises to address a critical challenge: youth unemployment. Currently, more than 80 per cent of India’s youth aged 19-35—a demographic that forms nearly half of the country’s population—struggle to secure decent employment opportunities, both in rural areas and urban centres.
A new report highlights the potential of India’s rapidly growing technology sector to absorb the country’s talented but underutilised workforce. The IT service sector, spearheaded by Global Capacity Centres (GCCs)—popularly known as ‘global back offices’ of multinational corporations—emerges as a key driver of this change. These GCCs already employ millions in India and are projected to hire an additional 10-12 per cent of highly skilled youth over the next six months.
Technological Transformation Fuels Job Growth
India’s commitment to digital and technological transformation has opened doors to employment in high-demand areas such as cybersecurity, Java development, DevOps, and data science. According to the IT Staffing Quarterly Digital Skills Report Q2 FY25, IT services saw a 79 per cent increase in demand for professionals skilled in development, ERP, testing, and networking during Q2 alone.
The demand for specialised roles has also risen sharply:
Java Developers: 30 per cent growth
Cybersecurity Specialists: 20 per cent growth
DevOps Experts: 25 per cent growth
Industry Leaders Weigh In
Kapil Joshi, CEO of Quess IT Staffing, remarked, “India, with its burgeoning tech talent pool and innovative spirit, is at the forefront of this digital revolution. So, IT services hiring will grow 10-12 per cent in the next six months.”
This optimism reflects the broader trends of digital adoption and the increased role of GCCs in bolstering India’s IT sector. Cybersecurity and data analytics are particularly poised for exponential growth, with demand expected to rise by 71% and 58%, respectively, in the coming months.
Challenges and Opportunities
While the tech sector’s growth provides a beacon of hope, challenges remain. Millions of educated youth remain unemployed, often due to a mismatch between their skills and market requirements. The government must ensure better alignment between educational curricula and industry needs to fully harness the potential of India’s workforce.
Nonetheless, India’s technology sector—buoyed by the twin forces of global investment and digital transformation—stands as a promising solution to one of the country’s most pressing issues.
India’s burgeoning technology sector, led by GCCs and IT services, offers hope to millions of unemployed youth. With a growing demand for skilled professionals in cybersecurity, Java, and DevOps, the country is poised for a digital revolution. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
