The $70-billion Indian IT export services industry, which recorded a 12.6 per cent year-on-year growth in FY 2015 and employs 1.2 million people, is all set to witness shrinkage in jobs over the next three years.
Shift in demand
While demand for traditional IT services will dip, demand for niche skills in next-generation technologies such as Cloud, Social, Mobility, Big Data, Analytics and Internet of Things (IoT) will result in a war for talent.