From Campus Placement to Strategic Partnership: How State Governments Can Turn Startup Hiring into a Capability Movement
The Hiring Shift Nobody is Structuring Every placement season, India's engineering colleges open their gates, companies arrive, offers are made, and the cycle closes. For decades, this annual ritual was dominated by a handful of IT majors — TCS, Infosys, Wipro, HCLTech — whose bulk recruitment defined the employment horizon for lakhs of engineering graduates. That architecture is changing. According to a recent report by Financial Express (published on 2 May) TCS hired approximately 25,000 freshers for FY27, down from 44,000 in FY26. Overall headcount growth across IT majors has moderated to around 2% in FY25 and FY26, compared to over 10% during the post-pandemic surge. Into this space, the FE report says, startups are moving. They now account for 25-35% of software engineering offers at leading institutions. At VIT, around 1,500 companies visited campuses this year compared to approximately 1,000 last year. Industry estimates project startups will collectively hire 60,000-80,000...