TeamLease’s recent survey of companies points to a pickup in hiring over the next six months, with demand spread across both traditional and new-age sectors.
Lohit Bhatia, CEO of Quess Corp, highlighted that hiring activity picked up meaningfully in the March quarter, especially led by global capability centres (GCCs). “We found that by quarter four… was almost 12 to 14%… hiring intention in quarter four definitely much higher than the third quarter.”
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This reflects a broader trend: India continues to benefit from strong talent availability, growing infrastructure, and rising global demand for outsourcing and tech capabilities.
Bhatia said tier-one cities continue to dominate hiring, with Hyderabad slightly ahead this time, while Mumbai, Pune and the Delhi national capital region (NCR) together still account for around 88% of total hiring.
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He added that hiring momentum is broad-based across the economy, with strong demand coming from professional services, consulting, security, cloud, infrastructure, real estate, logistics, hospitality and automation.
Ramani Dathi, CFO of TeamLeaseServices, said there is a pickup in fresher hiring after a prolonged slowdown, noting that recruitment in the 0–2 years experience bracket across IT services, GCCs and enterprise segments had been at multi-year lows.
She added that early signs of recovery are now visible across IT roles, with demand for freshers returning across GCCs, IT services and other enterprise clients.
However she pointed out that hiring trends could weigh on pay hikes. “We are getting the early signals that it can be lower than last year… because more and more companies are now intend to hire fresher level jobs.”
With more entry-level hiring and increasing recruitment in lower-cost cities, overall salary increments may come in below last year’s levels.
Hiring trends in March presented a mixed picture, with no clear signs of a sharp slowdown. Dathi noted that hiring softened in traditional, high-volume sectors such as BFSI, retail and FMCG. However, this was partly offset by stronger demand in e-commerce, quick commerce, healthcare, pharma and manufacturing.
She added that while March trends were uneven, the broader hiring outlook for the coming months remains positive.
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