JoulestoWatts expands with new office in Bengaluru; plans to ramp up hiring to 15,000 employees this year
JoulestoWatts expands with new office in Bengaluru; plans to ramp up hiring to 15,000 employees this year
The office is located at Novel MSR Park, Marathahalli, Bengaluru
Forecasts growth momentum of 70% in the coming year
Bengaluru, 17th Aug, 2022: JoulestoWatts, a leading talent solutioning company, opened its new office in Bengaluru today, in the presence of Hon’ble Dr. C. N. Ashwath Narayan, Minister of Higher Education, Information Technology & Biotechnology and Science & Technology in the Government of Karnataka. The company is planning to hire 15,000 employees this year, as the organisation enters India’s top 03 IT staffing service provider.
The new corporate headquarters to further strengthen its footprint, providing adequate capacity as the firm looks to future proof itself. Given the war for talent, great resignation, momentum of the global IT industry and allied factors assuring rising demand for talent architecture, JoulestoWatts intends to double its consultant’s base. The new expansion will open up avenues for niche talent, gig experts, specialized talent in advanced tech skills and management practitioners providing all-encompassing leadership, leveraging best practices and delivering enhanced value to customers. This will cater to our aspiration to have 30 per cent of tech hiring by captives.
According to a recent report by Nasscom-Zinnov, by 2026, India is estimated to have 75-78 lakh tech professionals, however the requirement may be of 93-96 lakh techies, reflecting a gap of 14-19 lakh tech workforce. India has the potential to become the world’s second-largest cloud talent hub but faces the challenge to serve an estimated demand for over 2 million professionals by 2025 professionals by 2026.
Speaking on the office opening, Priti Sawant, Founder & CEO, JoulestoWatts said “In the global race for premium tech talent, India and Bengaluru have always been at the epicentre. As India continues to gallop towards its vision of USD 5 trillion economy and the goal of housing 1000 start-ups, our new corporate headquarters will serve as a talent hub for our talent architects, providing tech-driven solutions for the furture of work, thriving on innovation and entrepreneurship. Through this expansion, we believe in our ability to positively impact our clients’ businesses across industry verticals with customized solutions, technology-driven services and rigorous analytics. ”
The opening of this new space will provide jobs and career growth for talented locals, while also contributing to the region’s burgeoning reputation as a tech centre of excellence, supporting its sister offices across 08 countries like Dubai, Singapore and US.
