Smaller tech firms start hiring

Techies rejoice, jobs are back. After the biggies, other tech companies are also starting to hire. Infosys, Wipro and TCS had reversed the trend during the December quarter when they added new employees in large numbers. Other players are now following.

On Friday, Mr John Chambers, CEO of Cisco said that the company’s plans to take up the total headcount in India to 10,000 were on track. Based on the current strength of Cisco in India, this would mean 4,000 new jobs.

Meanwhile, ITC Infotech, the technology arm of cigerette major ITC has said it plans to add 1,800 employees all over India by March next year. ITC Infotech is headquartered in Bengaluru but also has offices in Hyderabad and Kolkata. Cisco too, is based in Bengaluru. Infosys and Wipro added close to 4,500 employees each during the December quarter while TCS added over 7,000 employees. These firms have announced intention to hire another 50,000 in the coming year.

IT major Cognizant had added over 10,000 employees to its rolls in the same period. BPO firms too, have announced plans to resume hiring. Genpact is expected to hire 10,000 over the coming year. Nasscom expects the technology sector to add 100,000 new jobs in the coming year.

Most of the business for these companies is from outside India, and improvements in US and European economies has resulted in better growth prospects.

75 percent Indian engineering students unemployable: Report

 New Delhi  (IANS) Discussing a report by software industry group Nasscom which says that 75 percent engineering students in India are unemployable, education experts here Saturday said that the Indian higher education system must give skill building and practical training equal importance as academics to give them an edge.

 A.D. Sahasrabudhu, director of the College of Engineering, Pune said that one of the major reasons why engineers, even from reputed institutes, are not easily employed because they lack hands-on skill.

 ‘The focus in most institutes here is always on academics and theory. Thus a mechanical engineer may actually not know how to change a part of a machine. Therefore even if a high scoring student gets placed in a good company, eventually that lack of practical knowledge catches up,’ Sahasrabudhu said during a panel discussion at the sixth Higher Education Summit organised by Federation of of Indian Chambers of Commerce and Industry (FICCI).

 ‘From our experience we now know that practical, hands-on training is very crucial in the education system,’ he added.

 In their latest report released in the last week of October, National Association of Software and Services Companies (Nasscom) said that Indian IT firms reject 90 percent of college graduates and 75 percent of engineers who apply for jobs because they are not good enough to be trained.

 And because there is such a dearth of competent people, companies like Infosys increased its training of employees to 29 weeks from this year. That’s seven months of training, the report added.

 Richard Kerly, a Scottish university professor, who had participated in the discussion said: ‘Just recently I came to know that Citi Bank had started its recruiting process here, but was not going to campuses placement cells.

 ‘The possible reason is that students here, although brilliant, don’t have an edge when it comes to putting theories to practice.’

 Sudhir Matthew, Dean, Ecole Hoteliere Lavasa, Lavasa Corporation Limited, Pune said: ‘The scene is very similar in the hospitality industry. Lack of hands-on trained students have forced hotel chains like the Oberoi, Taj and ITC to open their own hotel schools where the students are trained as per their needs.

 ‘Tourism will grow at a rate of 8.8 percent till 2015 in India, making it one of the fastest growing markets but there is a serious lack of skilled hands. Academics combined with practical training is therefore very important to meet this shortage which is estimated at 3.2 million.’

 Indo Asian News Service