Indian IT industry to hire 200,000 people in near term: Kris Gopalakrishnan

The Indian information technology industry will continue growing despite global macroeconomic challenges, said Kris Gopalakrishnan, a cofounder of IT giant Infosys, citing investments in digitisation and technology for his projection.

The industry is expected to grow at 8-10 per cent on a base of $220 billion in revenue, he said on Wednesday. It is expected to recruit at least 200,000 people in the near term. Gopalakrishnan’s comments about hiring come at a time when many US tech companies, such as Meta and Twitter, are sacking employees.