Mid-sized IT firms join larger peers in recruitment drive, step up hiring

More than half the entire hiring in FY18 done only in a single quarter of FY19

Mirroring the trend in large Indian information technology (IT) services companies, mid-sized IT firms have also stepped up hiring in the current fiscal year. They have added more than half as many employees in the first quarter of FY19 as compared to the whole of the previous financial year. This momentum is likely to continue for the rest of 2018-19 (FY19) as well. 

In the quarter ended June five mid-sized firms — L&T Infotech, Mindtree, Zensar, Hexaware and KPIT Technologies — added 3,657 employees, compared to 7,052 for the whole of 2017-18 (FY18). 

According to experts tracking the sector, the