
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 Mumbai.
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 Mumbai.
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

RBI's record forward dollar position undermines forex reserves comfort
THE RESERVE BANK of India's record short US dollar forward position, built over months to support the rupee amid equity outflows and US trade policy worries, is diminishing the comfort offered by its large forex reserves.
Trump's tariff to hit Canada, Mexico today
PRESIDENT DONALD TRUMP is on the verge of slapping new tariffs on Canada and Mexico while doubling a levy on China, moves that would dramatically expand his push to revive domestic manufacturing, tap new revenues and rebalance ties with the biggest US trading partners.

Banks trim G-Sec holdings on tight liquidity
BANKS HAVE REDUCED their government securities (G-Secs) holdings in view of tight liquidity conditions and fluid geopolitical situation, according to market participants.

Crompton's strong focus on premiumisation in fans
Company targets 40% revenue growth from premium fans

Omnivore backs agri hardware startups
AGRITECH VENTURE CAPITAL firm Omnivore is set to ramp up its investments in FY26, targeting startups that develop specialized hardware solutions for key agricultural challenges.

Airtel to Trai: Regulate OTTS to control spam
New framework for OTT to help improve accountability

Modi's focus at wildlife board meet: Counting of Asiatic lions
PRIME MINISTER NARENDRA Modi chaired his first meeting of the National Board for Wildlife (NBWL) at Gir National Park in Gujarat on Monday, where he announced the initiation of the Asiatic lion population estimation exercise in May, new initiatives including a conservation programme for the critically endangered gharials and a centre to steer management of human-wildlife conflict, and reviewed the government's flagship wildlife conservation programmes like Project Lion and Project Cheetah.

Express Governance Awards to honour India's best DMs
EMPOWERING STUDENTS IN Arunachal Pradesh with technology so that the classroom becomes a hub for innovation, helping farmers in Tamil Nadu take their produce to the world, floating community-based water conservation efforts in Jharkhand, starting projects for women in Odisha – these are some of the works undertaken by district magistrates across India that are among those to be acknowledged at The Indian Express Excellence in Governance Awards in New Delhi on Tuesday.

Registration of new investors falls 13% on month in Jan
THE RISING UNCERTAINTY in the market curtailed new investor registrations in January, as they fell 13% month-on-month to 1.65 million, from 1.89 million in December 2024, the latest Market Pulse report of the NSE has revealed.
ServiceNow set to unveil AI workflow suite
SOFTWARE-AS-A-SERVICE company ServiceNow is set to launch a suite of AI-powered products this month, aimed at enhancing workflow automation and efficiency across enterprises.