India is witnessing exponential growth in the number of Global Capability Centers (GCCs), creating significant employment opportunities across various sectors.
By 2024, the country had around 1,700 GCCs, employing approximately 1.9 million people.
Projections suggest this number will soar to 4.9 million employees by 2030, with around 3,000 GCCs operating in the country.
Exponential Growth of GCCs
The growth of GCCs in India...
Microsoft CEO Satya Nadella announced a groundbreaking $3 billion investment in India to expand the company's cloud and artificial intelligence (AI) infrastructure.
This ambitious plan, revealed during the Microsoft AI Tour in Bengaluru, is set to roll out over the next two years and aims to position Microsoft as a key player in India's tech transformation.
Microsoft Expanding Cloud and...
Siemens is ramping up hiring in India with 700 new openings, including roles for trainees, interns, and entry-level professionals.
Last November, the company announced plans to position India among its top three or four global markets within the next three years, surpassing Germany and France.
India's Infrastructure Boom Drives Siemens' Growth Plans
Currently, India ranks as Siemens' fifth-largest market, contributing 3.5–4%...
Hinduja Group has announced the appointment of Amit Chincholikar as its Group President - Human Resources.
Amit, who brings over 25 years of experience in human resources, will be responsible for overseeing the HR functions across the conglomerate's diverse portfolio of businesses.
This appointment is expected to bring a wealth of experience and expertise to Hinduja Group.
His leadership will be crucial...
I know what you’re wondering, “Do we still call them HRMS systems? Haven’t we seen the names of these systems evolve over time?”
At one point, they were called HCM (Human Capital Management) systems, highlighting the need to treat human resources as capital. Then they were referred to as HRIS (Human Resource Information Systems), focusing on data and information management....
India's third-largest IT services company, HCLTech, has recently announced salary hikes for its junior employees, sparking discussions and anticipation among senior staff who are still awaiting their increments.
This move comes amidst a challenging demand environment and uncertainty over discretionary spending, prompting the company to delay wage hikes for mid to senior-level employees.
HCLTech Salary Hikes for Junior Employees
HCLTech has...
Deloitte, the global professional services giant, is significantly expanding its workforce in India by posting nearly 555 job openings across various domains.
Among these opportunities, 28 are remote roles, catering to the growing demand for flexible work arrangements.
These figures are specific to job postings on LinkedIn, tapping into diverse talent pools and offering varied career paths.
The company's culture...
Indian government has announced a series of measures aimed at enhancing social security coverage for over 380 million unorganised workers.
These initiatives are part of a broader effort to ensure ease of living and financial stability for a significant portion of the workforce that often lacks formal employment benefits.
Expanding Coverage and Integration of Data
The Labour and Employment Ministry plans...
Infosys, India's second-largest IT services company, has announced the deferral of its annual salary hikes to the fourth quarter of the current financial year (Q4FY25).
This decision comes amidst ongoing challenges in the global market, particularly in discretionary IT services.
The company's Chief Financial Officer, Jayesh Sanghrajka, revealed that while some increments will take effect in January, the remainder...
Amid expansion in India, Genpact is offering over 1600 job opportunities for both experienced professionals and fresh graduates.
The company, known for its expertise in business process management and digital services, is looking to expand its workforce across various roles and locations.
Genpact Business Expansion in India
Recently, Genpact has opened a new office in Jodhpur, Rajasthan, aiming to create up...