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Tata Consultancy Services to raise campus hiring in FY16 to 35,000

The IT services major also said that it is likely to overshoot its overall stated target of hiring 55,000 professionals during the ongoing 2014-15 fiscal.

twitter-logo PTI   Mumbai     Last Updated: October 18, 2014  | 20:58 IST
TCS to up campus hiring in FY16 to 35,000
Employees of Tata Consultancy Services (TCS) work inside the company headquarters in Mumbai. (Source: Reuters)

Exuding bullish sentiment Tata Consultancy Services (TCS), the country's largest software exporter, on Friday said it would offer 35,000 jobs for freshers at campuses in 2015-16, 10,000 more than the IT major offered in the current fiscal.

The Tata-group company also said that it is likely to overshoot its overall stated target of hiring 55,000 professionals, including lateral ones, during the ongoing 2014-15 fiscal.

"We will be overshooting that 55,000 number but at the moment we are not looking at what that final number is going to be. We will be doing 35,000 campus offers next fiscal," TCS Executive Vice President and Global Head for Human Resources Ajoy Mukherjee told PTI IN Mumbai.

The process has already been set rolling and the company is visiting campuses, he added.

Of the 25,000 offers made for FY15, Mukherjee said he expects around 71-72 per cent freshers to actually join the company.

"The overall need of what we require for the next year and planning our head-counts from that point, campus (recruitment) is one of the things we have to do," Mukherjee said, adding that the overall hiring number for the next fiscal (FY16), including the lateral ones, will be decided in February, 2015.

After declaring a 13.2 per cent growth for the July- September quarter profit at Rs 5,244 crore, TCS Chief Executive and Managing Director N Chandrasekaran had said that he is bullish about the 2015-16 fiscal.

"Across the sectors, and across markets, we remain very positive. If at all, we are only increasing our investments both in sales and capability building. We have already hired 36,000 people (as against targeted 55,000 for FY15)... So, we remain bullish about next year," he had said.

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