Talent Shortage News - Latest Updates & Headlines
India's EPC sector hiring surges 51 per cent in 5 years
New Delhi, Dec 6: India’s Engineering, Procurement and Construction sector has seen a surge in hiring by 51 per cent since 2020, acquiring 2, 27, 000 professionals in the last four quarters, a report said on Saturday.
India's defence tech market expected to reach $19 billion by 2030
New Delhi, Dec 2: India's defence technology market, valued at $7.6 billion in 2025, is projected to reach $19 billion by 2030, growing at close to a 20 per cent compound annual growth rate (CAGR), a report said on Tuesday.
Out of 4.7 million new tech jobs expected by 2027, GCCs alone will create 1.2 million: Report
New Delhi, August 28: India's digital economy is growing at an unprecedented pace, and at the centre of this transformation are Global Capability Centres (GCCs). As per a TeamLease Digital report, "GCCs will contribute over 22-25 per cent of net new white-collar tech jobs in 2025, led by demand in AI and cloud computing".
Nearly 4 in 5 Indian employers report difficulty finding skilled talent in 2025: Report
New Delhi, Jan 23: About 4 in 5 employers in India are expecting cautious hiring in the first quarter of 2025, as ongoing talent shortages continue to hinder recruitment efforts, according to a report on Thursday.