L&T Technology services is aiming to hire 1400-1600 engineering graduates this financial year (FY22) amidst soaring demand for engineering, research and (ER&D) services, says its CEO.
The Pune-based company had reported a 68 per cent growth in its June quarter net at Rs 151.2 crore late on Thursday.
The move comes after the recent CRISIL report that said the IT industry in India is expected to grow by 11 per cent this year, even amid the Covid pandemic.
Industry stalwart Azim Premji, the founder chairman of Wipro, also expected a double-digit growth on Tuesday.
As per Nasscom, the IT industry revenues stood at USD 194 billion in FY21. The lobby group has ceased giving estimates of the topline growth a few years ago.
The draft IT policy will be tabled at the Cabinet meeting on June 30 after the Chief Minister’s approval.
The resilient Indian IT industry, which has been going through challenging times on multiple fronts, faced disruption in 2017 from increasing automation and the boardroom spat.
Infosys Ltd has declined a request from its most high-profile founder N R Narayana Murthy to make public the report of an external consultant appointed to look into the charges of misgovernance.