Tech Mahindra doubles the supply of talent in digital technologies not only through cross-cutting skills, skills development and recruitment from existing industry talent, but also through the search for new talent in nine Level 2 cities, including Bhubaneshwar, Nagpur, Chandigarh, Thiruvananthapuram and Kolkata. The company also trains and hires employees through centers of excellence in its overseas markets.
The dropout rate for the IT major for the quarter ended in September was 21 percent, up from 17 percent in the previous quarter. The total number of employees for the quarter was 1,419,193 after adding 14,930 employees in the second quarter.
That’s what CP Gurnani, managing director and CEO of Tech Mahindra, said Business line, “When we drafted the budget, we reported 15-18 percent depletion. 21 percent hurts, but we double the supply of talent by upgrading skills and cross-skills, hiring for the future and going where the talent is. We are looking at level 2 cities. So today I am increasing my capacity in Kolkata, Bhubaneswar, Nagpur , Chandigarh, Thiruvananthapuram. We also look at overseas markets. We now have four development centers in Mexico.
Tech Mahindra has also acquired two companies to strengthen its capabilities in digital engineering and design expertise. California-based digital engineering firm Lodestone came with about 300 employees who helped add talent to the niche.
Vivek Agarwal, President – said BFSI, HLS and Corporate Development for Tech Mahindra Business line,, “The new acquisition we announced has a large development center in Ahmedabad.”
“We have recruited senior executives over the last six quarters. And we were able to hire the best talent from the industry and beyond. We are hiring to increase the company’s technology ratio and are now adding more local digital people. This is where the market is focused and where we are heading, “Gurnani added.
“We focused on sustainable profitable growth. We are seeing a significant acceleration of growth driven by 5G. All of our key growth verticals – BFSI, HLS and high technology – continue to grow at a good pace. We see an overall increase in technology costs, “Gurnani said.
Growth in 5G
Within 5G, the company sees opportunities in the telecommunications sector and in providing state-of-the-art IoT property management solutions such as smart factories, airports and hospitals using the campus-based 5G network.
Gurnani said: “We are looking at two ways to grow in 5G. We will work with telecommunications that receive a 5G license and a campus-based 5G network. It’s all about speeding up a smart factory, an airport, a hospital. Wherever there is a basis for better connectivity and / or a requirement for advanced IoT solutions, we work very well. ”
“Our experience is in the areas of software-defined networks, especially radio networks. We want to play a dominant role in the software-defined network space, whether as a system integrator or a provider of managed network services, ”he said.
“The strategy is very clear: provide digital connectivity with 5G to make organizations efficient,” he added.