The Indian IT sector is expected to see a strong recovery in hiring, especially for freshers, in FY25. Reports suggest that the industry may hire over 150,000 fresh graduates, nearly double compared to the previous year. This rise in recruitment is largely due to the growing demand in key sectors like banking, financial services, and insurance (BFSI), along with major deal wins and expansion plans by leading IT firms.

In FY24, the industry faced a slowdown, with fewer technology projects and a drop in freshers’ hiring. However, signs of recovery started emerging in the June quarter of FY25, with companies like Infosys and Wipro resuming campus hiring after a year-long pause. Companies are now looking to rebuild their workforce and reduce bench strength to meet project demands.

Leading IT firms such as TCS, Infosys, HCLTech, and Wipro have announced ambitious hiring plans, with TCS alone planning to hire 40,000 freshers in FY25. This comes after a subdued FY24, which saw the lowest intake of freshers in over two decades. Despite global economic uncertainties, companies are taking a cautious yet optimistic approach to recruitment, aligning it with upcoming projects and focusing on long-term growth.

Accenture also reported a significant hiring boost, adding 24,000 new employees in just one quarter, with most of the hiring happening in India. As companies continue to win large deals and expand globally, the outlook for fresher hiring remains positive, with a projected growth of 10-15% in the second half of FY25.