Tech talent demand up in GCC, non-tech firms going digital in India: Report
The demand for tech talent has surged in GCC companies in India and other non-tech firms that are going digital as organisations are looking at rapid expansion across the country, according to a report.
As per industry reports GCC (Gulf Cooperation Council) companies in India are rapidly growing in number and are estimated to employ over 3.6 lakh people in the country in the coming year, business service provider Quess Corp's Skills Report FY23 revealed.
Therefore, it came as no surprise that India has become an important hub for GCC firms and other multinational companies to expand their footprint and seek innovation prospects in the country and this shift is also increasing regional diversity in the industry with a rapid expansion of tech talent footprint across tier II and III cities such as Jaipur, Coimbatore, Indore and Kochi.
Interestingly, it said that about 20 per cent of the lateral movement from IT firms has been absorbed into GCCs and other non-tech firms that are going .