The tech sector in India experienced significant challenges in the first two quarters of 2023, including hiring freezes and layoffs due to decreased demand from global clients and caution from investors.
Experts anticipate a gradual revival in the tech sector, with improvements expected in the next three to four months and a significant recovery by the first quarter of 2024.
Companies are still investing in digital transformation and are seeking tech workers with skills in areas such as artificial intelligence, machine learning, data science, cybersecurity, cloud computing, digital marketing, and e-commerce.