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India’s Tech Industry Talent: Demand-Supply Analysis

February 11, 2022 6551 1 Emerging Tech nasscom insights

India’s Tech Industry Talent: Demand-Supply Analysis

The objective of this study is to map the supply demand gap in India with respect to Digital tech talent in India. The model based on Zinnov’s Draup’s Proprietary Talent Database, analyses installed talent and demand, India’s talent advantage, and the way forward

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Key Highlights

GLOBAL TECH TALENT

  • Demand supply gap in Tech talent is a global phenomenon; India has a demand supply gap in at 21.1% (as a percentage of supply)- lowest among top tech locations such as USA, China, UK

INDIA’S TECH INDUSTRY TECH TALENT POOL

  • India Tech Industry Tech talent pool stands at 3.8M in FY2021, representing over 80% of the 4.7M Tech Industry employee base in India

INDIA ADVANTAGE

  • With 2.14 M Annual STEM Graduate Supply, India is ranked 2nd  Globally next only to China
  • Indian firms are increasingly focusing on L&D initiatives; L&D professionals more confident about growth in L&D investments in India in the future

WAY FORWARD

  • India is continuously reskilling its core tech workforce, however the pace has to increase to bridge the digital skill gap. 65-70% of digital talent gained by India in FY2021 was through reskilling

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