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Module I - Talent Supply and Demand Report_v3_web

August 23, 2016 443 0 Talent & Skills

Module I - Talent Supply and Demand Report_v3_web

The Indian IT-BPM industry currently stands at USD 143 billion in terms of revenues and employs about 3.7 million directly across the four sub-sectors: IT Services, Business Process Management (BPM), Software Product Development (SPD) and Engineering Research & Design (ERD) with an incremental hiring of nearly 0.2 million witnessed in FY 2016. The Indian IT-BPM industry is expected to grow at about 10 to 12% CAGR as compared to global IT spends, which are expected to increase at 3.6% YoY, over the 2014 to 2019 period - leading to an increased India’s share of the Global IT spends. However, the employment growth is expected to settle down with increasing maturity of the sector and evolution of non-linear business models and innovations, leading to a decoupling of revenues and employment.


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