Overview
Michael Page India claims that despite the uncertainty surrounding the global economy, India’s labor market is still strong because to its highly qualified workforce and affordability. As businesses grow their global capability centers, there is an increasing demand for IT workers, especially in the fields of artificial intelligence, cybersecurity, and digital transformation.
As the nation’s strength lies in deep technical expertise, cost effectiveness, and a rapidly upskilling workforce, the Indian job market has demonstrated resilience despite global uncertainties, with strong hiring across multiple industries, according to a top official of international recruitment firm Michael Page India. Although recruiting practices have become more cautious in some places due to economic slowdowns, India still has a need for qualified workers, especially in the fields of technology and digital transformation.
Through the establishment of Global Capability Centers (GCCs), competitive pay structures, government-backed upskilling programs, and STEM dominance, the nation has aggressively positioned itself as a talent hub.
India is now a major center for innovation as the GCC concentrates on R&D, automation, and artificial intelligence. He added that initiatives like AI-driven workforce development and Skill India are improving professionals’ employability.
Every year, India produces more than 2.5 million STEM graduates, giving businesses access to a consistent supply of highly qualified workers.
Furthermore, India still has a considerable cost advantage over Western markets, which makes it a top choice for multinational corporations trying to minimize their operational and recruiting costs.
“Competitive salary structures, lower recruitment costs, and a strong talent pool contribute to India’s position as a key global talent hub,” Khandelwal said.
Khandelwal asserts that India must quicken its upskilling pace to keep its competitive edge in talent acquisition since the nation need more highly qualified workers to satisfy the demands of the semiconductor and artificial intelligence industries.
He added that businesses should concentrate on productivity and that work-life balance is changing.
About 50% of international organizations intend to increase their GCC presence in India, generating opportunities in R&D, automation, and data analytics, he added, citing an EY GCC Survey 2024.
GCC countries are among the particular industries seeing a spike in employment, as India continues to be a top choice for growth because of its affordability, talent pool, and scalability.
Rapid growth is also being driven by private sector investments, global supply chain changes, and government incentives.
While recruiting in renewable energy, carbon accounting, and sustainability consultancy is growing in tandem with the growing popularity of sustainability and green energy, the surge in digital payments is driving hiring in risk management, analytics, and AI-driven fraud detection.
The most in-demand competencies, per the 2025 Michael Page Salary Guide, are AI & Machine Learning, Cybersecurity & Cloud Computing, Semiconductor Design & Engineering, and Data Science & Advanced Analytic.