For instance, till last year, candidates with these skills comprised around 10% of the total hiring, but this year their share is expected to go up to around 20-25%, analysts said. Further, going forward if companies decide to increase entry-level workforce by around 10%, half of it will comprise AI-based roles, according to Pareekh Jain, CEO of Pareekh Consulting.
"IT companies now need people with AI skills and it's easier for freshers to pick up these skills than experienced people. But the supply among freshers with AI skills is not available so, IT companies are checking if the students have AI aptitude and if they have done any courses," Jain said.
This story is from the December 06, 2024 edition of Financial Express Delhi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 06, 2024 edition of Financial Express Delhi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
RIL's O2C segment set to bounce back in FY26
AFTER A SUBDUED performance in FY25, brokerages anticipate a rebound in Reliance Industries' oil-to-chemicals (O2C) segment, the company's largest revenue driver, driven by an expected improvement in refining margins in the next financial year.
Retrospective on first year back
There's no shortage of downside risks for 2025, but don't expect supporters to turn on him
US Supreme Court Upholds Law That Would Ban TikTok
The justices ruled that the law did not violate USConstitution's First Amendment protection against government abridgment of free speech
Will not attend Trump inaugural, says Nvidia CEO
NVIDIA'S CHIEF EXECUTIVE Jensen Huang said on Friday he will not be attending U.S. President-elect Donald Trump's inauguration, but will instead be \"on the road\" celebrating the Lunar New Year with employees and their families.
Rajnath Calls for Stronger Offense and Defence
INDIA'S OFFENSIVE AND defensive responses need to be further strengthened in view of turmoil in the rules-based global order, defence minister Rajnath Singh has said.
Axis Bank Stock Sinks 6% on Weak Q3 Show
Stocks hit 52-week low; brokerages slash price targets
Reducing Tax Disputes Can Unlock Revenues
HUGE PILE-UP OF INCOME TAX DISPUTES A SERIOUS CONCERN
EV industry needs better cost structure
After being in a near-monopolistic position in the EV space for a few years, Tata Motors is set to face heavy competition in 2025 with rivals like Maruti Suzuki, Hyundai, M&M and JSW MG Motor gearing up with launches.
Quad meet with India on the table day after Trump takes office
● Secy of State nominee Rubio had faulted Obama govt for neglecting India-US ties
Cabinet Approves Refarming of 687 MHz Spectrum for 5G, 6G
COMMUNICATIONS MINISTER JYOTIRADITYA Scindia on Friday said the Cabinet has approved the refarming of 687 MHz of spectrum from various government ministries for the deployment of 5G and future 6G services.
