IT sector in India, which now employs around 5.4 million people, was expected to double to nearly 10 million by 2030, but it may not meet these targets and only reach about 7.5 million by that time. According to projections from Quess IT Staffing, this is because of the potential for job losses owing to AI breakthroughs and a predicted fall in demand for IT services.
TeamLease Digital predicts that the nation’s technology industry would grow by a consistent 5-8% annually. In the face of shifting economic conditions, the market is anticipated to recover and reach 6.2–6.5 million by FY27. The spike in demand for automation, cloud computing, artificial intelligence, and digital transformation—supported by upskilling programs and improved industry-academia cooperation—is what is driving this development.
Although IT recruiting estimates for 2030 have been lowered from an initial goal of 10 million to 7.5 million, according to Quess IT Staffing CEO Kapil Joshi, this change underscores the industry’s emphasis on quality over quantity. “Emerging technologies such as AI and automation are streamlining processes, creating a demand for specialised roles rather than broad-based hiring. This transition positions India to lead in high-value tech services and innovation, ensuring long-term resilience and growth for the industry,” Joshi explained.
Agreeing, Krishna Vij, vice president of TeamLease Digital, said: “Job opportunities in emerging technologies are expected to rise by 20% in 2025, with 80% of tech providers planning workforce expansions in FY25.”
By 2030, emerging technologies are predicted to boost India’s GDP by more than $150 billion. According to Joshi, the industry is expected to create up to 2 million new employment by 2030, driven mostly by technologies like blockchain and generative artificial intelligence.
IT staffing businesses say that India’s global competence centers story, which is expected to get stronger, is the main bright spot. GCC countries are becoming important hubs for recruiting senior executive leadership positions in multinational corporations, in addition to being a significant talent magnet.
1.9 million individuals are employed in 1,700 GCC countries in India, according to Quess. At a compound annual growth rate (CAGR) of 6-8%, they are expected to employ 2.5–2.8 million people throughout 2,200 GCC countries by 2030.
According to the report, Hyderabad is the second-highest city for IT employment, with 13.4% of demand, while Bengaluru continues to be the hub, with 43.5% of demand.
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