{"id":154,"date":"2026-09-09T10:20:00","date_gmt":"2026-09-09T04:50:00","guid":{"rendered":"https:\/\/www.wininfosoft.com\/insights\/it-fresher-hiring-fy27-pm-vbry-india\/"},"modified":"2026-09-09T10:20:00","modified_gmt":"2026-09-09T04:50:00","slug":"it-fresher-hiring-fy27-pm-vbry-india","status":"publish","type":"post","link":"https:\/\/www.wininfosoft.com\/insights\/it-fresher-hiring-fy27-pm-vbry-india\/","title":{"rendered":"IT Hiring in FY27: What the Q1 Numbers Show for Freshers, and What PM-VBRY Pays a First Job"},"content":{"rendered":"\n
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Quick Answer:<\/strong> IT fresher hiring in 2026 is growing, but slowly and unevenly. TCS added staff in the April to June quarter, Wipro barely moved and youth unemployment rose, while Naukri’s August data shows AI\/ML and GCC hiring climbing. For a first job, the scheme that matters most is PM-VBRY. It pays a first-time employee registered with EPFO one month’s EPF wage, up to \u20b915,000, and pays the employer up to \u20b93,000 a month per additional hire<\/a>. After one year, over 72 lakh first-timers had joined the formal workforce and more than 15 lakh beneficiaries had been paid<\/a>, about one in five. Insist on a formal, EPFO-registered offer.<\/p>\n<\/blockquote>\n\n\n\n

Two headlines keep circulating about Indian IT jobs, and they contradict each other. One says hiring is back. The other says IT is shedding jobs and freshers should look elsewhere. Neither survives a careful reading of the figures that companies and the government have published, most of them between July and early September 2026. They point in several directions at once, and a fresher needs to know which one applies to them.<\/p>\n\n\n\n

This piece sets out what the verified numbers show for anyone looking for a first IT job, then turns to the government scheme most directly tied to a first formal job: the PM Viksit Bharat Rozgar Yojana, or PM-VBRY. If you are still weighing a government job against a startup offer, our data-backed career playbook for 2026 graduates<\/a> covers that choice separately.<\/p>\n\n\n\n

What TCS and Wipro reported for Q1 FY27<\/h2>\n\n\n\n

Two large Indian IT employers reported very different quarters for April to June 2026, and one of the two sets of numbers is easy to misread.<\/p>\n\n\n\n

TCS: steady growth<\/h3>\n\n\n\n

TCS’s Q1 FY27 fact sheet, published on 9 July 2026<\/a>, puts headcount at 5,93,798 on 30 June 2026, up from 5,84,519. That is a net addition of 9,279 people in the quarter, roughly 1.6%. Last-twelve-month attrition was 13.6%.<\/p>\n\n\n\n

Net addition understates hiring. It is what remains after exits, and with attrition in the low teens a large company must hire steadily just to hold its size. Some of those replacement seats can go to graduates, but a net headcount figure cannot tell you how many did.<\/p>\n\n\n\n

Wipro: read the right number<\/h3>\n\n\n\n

Wipro’s Q1 FY27 results release<\/a> gives closing headcount of 2,43,044, against 2,42,156 on 31 March 2026. The net addition for the quarter was 888, under 0.4%.<\/p>\n\n\n\n

Some headlines carried a much bigger figure, 9,812. That number is real, but it measures the change from 2,33,232 a year earlier, which makes it a year-on-year figure, and it says little about the latest quarter. Both figures are correct. Only one describes April to June.<\/p>\n\n\n\n

Voluntary attrition was 13.9% over the trailing twelve months, close to TCS’s 13.6%, though the two may not be measured the same way. Wipro replaced its leavers in the quarter and added very little on top.<\/p>\n\n\n\n

The industry as a whole<\/h3>\n\n\n\n

For the wider picture, NASSCOM’s Strategic Review of February 2026<\/a> estimated India’s technology industry headcount at about 5.95 million (roughly 59.5 lakh) in FY26, after a net addition of about 1,35,000. Revenue was $315 billion, up 6.1%.<\/p>\n\n\n\n

Revenue grew 6.1% while headcount grew by a little over 2%, so the industry is earning more per person and adding people with care. For a fresher, that means growth alone is creating fewer new seats than the revenue headline might suggest.<\/p>\n\n\n\n

IT fresher hiring 2026: where demand is growing<\/h2>\n\n\n\n

Naukri’s JobSpeak report for August 2026<\/a>, published on 7 September 2026, recorded overall white-collar hiring up 14% year on year, with the index at 3,028 against 2,664. AI\/ML roles grew more than twice as fast, up 31%. Hiring by global capability centres rose 10%, a little below the overall figure.<\/p>\n\n\n\n

The 14% covers white-collar hiring across the job market. Quoting it as an IT figure, or as a fresher figure, would be wrong.<\/p>\n\n\n\n

AI\/ML hiring by city<\/h3>\n\n\n\n

The city figures in the same report cover AI\/ML roles only. Read them that way and they are useful:<\/p>\n\n\n\n