You raised this year’s revenue guidance from 7-9% in constant currency to 12-13%…
We were more conservative in February because of the pandemic. But the market is improving month by month, the customer demand is very good and our offering is in a good position. Everything exceeded expectations — growth, profitability and cash, all regions and geographies, and all business lines. It’s not just the stalled demand because of covid, but there is structural acceleration in terms of technology use.
India remains the biggest talent hub ever for you…
India has crossed the 1.5 lakh (employee) mark and is half of the group. The growth this year in India is phenomenal. Attrition is increasing for everyone. There is not enough talent in the market. Hence, we will be hiring more freshers. I see that in the next 2-4 years, the balance will shift towards building your own talent rather than acquiring it (later). We have become more efficient in recruiting and engaging talent during the pandemic. We reskill people every 18 months because technology advances so fast. But what we will add in India this year, around 60,000, we will not be able to add anywhere in the next 2-3 years.
Which industry verticals are showing the fastest recovery?
The fastest growing sector is the public sector, where we are now growing organically in double digits. CPG (consumer packaged goods), retail and manufacturing are booming. Some of it is because of the market, some of it is because of what we have focused on. Manufacturing is back. One area that we thought would take longer to recover was aerospace, but it would be back where we were by the end of the year. I expected it to take 2-3 years to recover. we have big customers like Boeing And Airbus and their aircraft deliveries are accelerating, so things are looking good. There has been a lot of new development. They are working on more durable planes. Even the ecosystem around aircraft development is changing.
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