TCS to hire 30,000 in FY2010-11

IT major Tata Consultancy Services Ltd (TCS) plans to hire 30,000 staff in 2010-11 in expectations of rise in demand for services from its overseas clients, a senior official, according official.

"We have made offers for 14,000 new recruits and we expect to make the remaining soon," vice president and head of global human resources Ajoy Mukherjee said on the sidelines of an industry conference on Wednesday.

The new recruits will join TCS starting second quarter of FY 2010-11. TCS is part of the Tata Group which has a strong presence in diverse sectors from commodities and services businesses. The company has a 130,000 strong workforce.

Mukherjee said about 70 per cent of the new recruits would be fresh college graduates while the rest would be experienced engineers.

Several software services companies over the past couple of months have said that the industry was recovering from the impact of the global economic slowdown, which prompted US and Europe-based to scrap or delay projects as also seek lower rates for products and services.

Consequently software exporters are likely to see their overseas contracts surge and are now gearing up with staff additions to execute additional contracts.