Despite concerns over AI's impact on entry-level technology jobs, Infosys Ltd. has reaffirmed its commitment to campus recruitment with plans to hire 20,000 fresh graduates in fiscal year 2027. Speaking during the company's June quarter earnings call, CEO and Managing Director Salil Parekh confirmed that the company recruited 20,000 college graduates last year and has already hired over 4,000 in the first quarter of the current fiscal year. Parekh emphasized that while AI continues to improve operational efficiency and employee productivity, the company sees continued value in investing in fresh engineering talent alongside its expanding AI capabilities.
Infosys Ltd. has explicitly ruled out entering the AI infrastructure and data centre business for now, distinguishing itself from peers Tata Consultancy Services (TCS) and HCLTech. According to reports from NDTV Profit, CEO and Managing Director Salil Parekh announced this decision during the company's June quarter earnings call after internal review. "We've internally reviewed what we want to do in terms of our balance sheet. We've had discussions with the management team and the board, and we have decided not to do anything in that space at this stage," Parekh stated when asked about potential AI infrastructure investments.
The company's AI strategy is delivering measurable results, with AI-led services contributing 8.2% of total revenue in the June quarter, reflecting sustained double-digit growth over several quarters. Parekh acknowledged that AI has been driving productivity gains over the past several quarters, resulting in improved revenue productivity. However, he stressed that the company continues to balance productivity improvements with pricing dynamics in the market while maintaining its hiring commitments.
The demand for AI and Data Science professionals continues to grow across industries, with leading companies including Infosys, Google, Microsoft, Amazon, Deloitte, IBM, and TCS actively recruiting graduates in these fields. According to recent market data, fresh graduates typically earn between ₹5 lakh and ₹12 lakh per annum, while experienced professionals can earn ₹20 lakh per annum or more, depending on skills and employer. Universities such as Bennett University, VIT, SRM, UPES, Chandigarh University, Amity University, Shiv Nadar University, and Manipal University Jaipur offer quality education with strong placement support for AI and Data Science programs.
