<ul><li>In the financial year 2023-24, the Indian tech industry is projected to add only 60,000 jobs, a significant decline from the 2.7 lakh jobs created in the previous fiscal year.</li><li>This decrease is attributed to over-hiring during the COVID-19 pandemic and demand pressure from key markets like the United States and Europe. Nasscom President Debjani Ghosh emphasized the need for industry correction and highlighted a shift towards hiring in frontier technologies such as artificial intelligence, big data, and cybersecurity.</li><li>Despite challenges in upskilling, Ghosh remains optimistic about India's resilience in adapting to technological advancements and job market changes.</li></ul>

Indian tech industry will add only 60,000 jobs in FY24 against 2.7 lakh in FY23: Nasscom

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