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- Published on April 28, 2025
- In IT Services
Indian IT Remains Cautious with Freshers and Hikes This Year
The mood across India’s top IT firms—TCS, Infosys, HCLTech, Wipro, and Tech Mahindra—is one of caution, as gauged from their Q4 FY25 earnings calls.
- By Mohit Pandey
It is no secret that Indian IT’s relationship with its employees is not really straightforward. Sometimes, it’s delayed salary hikes, and other times, it's offers that have been rescinded for fresh graduates. The mood across India’s top IT firms—TCS, Infosys, HCLTech, Wipro, and Tech Mahindra—is one of caution, as gauged from their Q4 FY25 earnings calls.
With over 1.5 million employees between them, these companies are treading carefully on salary hikes and hiring. For employees, this likely translates into smaller pay hikes—or delays altogether—in the current fiscal year.
Neeti Sharma, CEO of TeamLease Digital, told AIM that it is a wait-and-watch time for all IT services companies. “Global uncertainties are still not behind us, and also the tariff discussion,
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Mohit Pandey
Mohit writes about AI in simple, explainable, and often funny words. He's especially passionate about chatting with those building AI for Bharat, with the occasional detour into AGI.
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