Skip page header and navigation

India’s telecom hiring may lose steam in FY25

India’s telecom hiring may lose steam in FY25

July 10, 2024
Communication technology with global internet network connected in Europe

Main article

India’s telecom sector workforce is expected to grow around 30% to 6.79 million in FY25, just below 31% growth in FY24 and sharply lower than the 51% in FY23, reports The Economic Times, citing staffing firms in India. The growth slowdown reflects the slowing capex (capital expenditure) of the country’s two large operators, Reliance Jio and Bharti Airtel, that have completed their pan-India 5G rollouts.

However, the ongoing network expansion plans of state-owned telecom company Bharat Sanchar Nigam and the upcoming rollout by third largest private player Vodafone Idea are expected to add 30,000 new jobs by the end of 2024, hiring company executives said. Coupled with that, Bharti Airtel and Jio’s 5G expansion in rural areas will add another 50,000 jobs over the next two-three years, according to staffing firm Quess Corp.

However, TeamLease, an Indian staffing firm, says the lack of telecom and technology skills has created a 2.5 million telecom demand-supply gap, which is expected to increase to 3.8 times by 2030. Sumit Kumar, Chief Business Officer for TeamLease degree apprenticeships, said in the Economic Times that India will need a 22 million skilled workforce by 2025 to operate hardware and software-defined networks and support 5G-centric technologies such as the IoT, AI, and robotics.

Overall, the telecom sector is expected to employ 6.79 million workers in the ongoing fiscal, having grown at a rate of 29.5%, according to TeamLease.