Bengaluru: India’s technology outsourcing industry has seen an 85% drop in carbon emissions during FY21 at about 0.3 million tonne against the pre-pandemic level of about 2 million tonne, according to a study by market intelligence firm UnearthInsight. The study conducted for FY21 included more than 2,000 technology outsourcing companies in India, including IT, ITeS, engineering, global capability centres, and startups. UnearthInsight estimates a mere $750 million was spent on travel costs in FY21 by outsourcing industry compared to $2.9 billion in FY20. It estimated that 70,000-75,000 freshers got hired through end-to-end digital platforms of top two IT companies -- TCS and Infosys. It is also expected that by 2025, 75% of campus hiring for tech industry will happen through advanced end-to-end digital platforms and tools.

Source: Mint June 04, 2021 10:29 UTC