Japanese technology services giant NTT Data has announced plans to increase its workforce in India by 5,000 employees this year, as demand for large-scale IT contracts and data infrastructure accelerates across key sectors.
The company disclosed that the new hires will span software programming, consulting and IT support functions, reinforcing its long-term commitment to India as a strategic growth market.
Sudhir Chaturvedi, Chief Growth Officer and CEO of North America at NTT Data, told Reuters on Tuesday that large IT deals valued above $100 million have doubled over the past year. According to him, the surge in contracts has been driven by increased demand from manufacturing, logistics and public sector clients.
“North America is back to growth, and we expect strong growth next financial year,” Chaturvedi said, noting renewed optimism in global technology spending.
A subsidiary of Japanese telecom conglomerate NTT Group, NTT Data currently employs about 40,000 people in India. The company is also investing heavily in digital infrastructure, with four new data centres under development as part of a $1.5 billion investment in the country.
Industry analysts say India is emerging as a critical data hub. Although the country hosts roughly 20 per cent of the world’s data, it accounts for less than 6 per cent of global data centre capacity, according to ICRA. This imbalance has made the sector increasingly attractive to both global and domestic investors. The Indian government has also introduced tax holidays for foreign firms that utilise locally based data centres, further boosting investment momentum.
Chaturvedi added that clients’ technology budgets are projected to grow between 7 and 9 per cent this year, up from 6 to 7 per cent last year, as companies expand spending beyond artificial intelligence into broader digital transformation initiatives.
The expansion underscores NTT Data’s confidence in India’s technology ecosystem and signals continued global competition to strengthen data infrastructure in one of the world’s fastest-growing digital markets