Only 1-1.25% of Indian IT employees are above 50, more than 50% below 30

As little as 1-1.25 per cent of those working in the Indian information technology (IT) sector are above 50 years of age, Financial Express (FE) reports.

Citing data from the country’s largest IT company, Tata Consultancy Services’ FY23 annual report, the newspaper reported that only 1.1 per cent of its employees are aged above 50 years. On the other hand, 52.69 per cent of the company’s employees were below the age of 30, the FE report said.

Interestingly, TCS is not alone in terms of having a younger workforce on its rolls. A similar trend was observed at Infosys, which is the country’s second-largest IT firm.