India's biggest IT services company Tata Consultancy Services or TCS will be hiring over 40,000 freshers from campuses in India in the fiscal year 2021-22. "From the campus in India, we hired 40,000 last year. We will continue to hire and hire 40,000 or more this year in India," Lakkad said, adding that lateral hiring will also be "robust" this season. Similarly, the company will also do better on the 2,000 trainees hired from American campuses last year, he said, without sharing an exact number. TCS also said that the "IT Services attrition rate (LTM) was at 8.6%, the lowest in the industry."

Source: Mint July 09, 2021 11:15 UTC