According to a report by staffing firm Teamlease, non-tech sectors in India are expected to hire over 1 million technology professionals by the financial year 2027-28, growing at a CAGR of 7.53%. While the IT sector is experiencing slowdowns and layoffs, tech talent remains in demand and non-tech sectors like banking, financial services and insurance (BFSI), consulting, media, retail and consumer business, life sciences and healthcare, engineering research and development and energy and resources, are filling the gap.
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Currently, the non-tech sector employs over 0.7 million tech professionals, according to the report. Across sectors, expertise in cloud-based services, robotic automation transformation and artificial intelligence will be in demand. The report indicates that in the BFSI sector, data engineers, business analysts and solutions architects are the most in demand. Meanwhile, in communication and media, employers are looking for UI/UX designers, full-stack developers and game developers. In retail and consumer business, graphic designers, data scientists and full-stack developers are in demand.
In the life sciences and healthcare sector, the report states that data scientists, Java developers and QA engineers will be hired. The engineering research and development (ER&D) firms will seek engineers in the embedded software, CAD and automation space, while the energy and resources sector will recruit more IT infrastructure engineers and software developers.
