Tech Talent Surges in Indian Manufacturing and Retail Sectors: Insights from Latest Report

The dominant sectors are automotive, aerospace, and a rising number of semiconductor, electronics, and electrical industries during FY24. 

In a recent report released on Monday, it was revealed that the manufacturing sector, spurred by government initiatives such as 'Make in India' and production-linked incentive (PLI) schemes, is experiencing a surge in tech hiring in India, alongside the retail industry.

The dominant sectors are automotive, aerospace, and a rising number of semiconductor, electronics, and electrical industries during FY24. 

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This would explain that the industry is ready to embrace technological advancement and focuses on innovation in product development and supply chain management, analyzed a report by Quess Corp, a business solutions company.

The retail sector, driven by the rise of e-commerce platforms and omnichannel retailing, sees a sudden demand for tech talent with competence in data analytics, AI, and digital marketing.

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The IT sector shows resilience and growth potential despite global uncertainties, the report says. While traditional skills in demand include development, ERP, testing, design, engineering, and networking, niche areas such as cloud computing, cybersecurity, and analytics are seeing significant uptick—a dynamic and evolving IT space.

According to Kapil Joshi, Deputy CEO, Quess IT Staffing, there is an impending surge in IT hiring caused by the expansion of global capability centers and stabilization of the global economy.

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According to the report, some of the key technological areas such as big data and AI would be the key drivers behind this growth.

Bengaluru and Chennai top the technology-focused intent-to-hire cities in FY24, according to the report.

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