India is not only a fast-growing economy, but also a hotbed of talent. With a large and young population, a vibrant startup ecosystem, and a strong talent network, India has a lot to offer to the world.
However, India is facing a critical challenge: how to retain and attract the best talent in a competitive global market?
As more and more countries and companies are vying for skilled workers, India needs to step up its game and offer better opportunities, incentives, and recognition to its talent pool.
Here are some of the ways that some Indian companies are doing this:
Creating platforms that connect talent with employers
One way that India is boosting its talent potential is by creating platforms that connect talent with employers across the world.
For example, Codejudge is a platform that helps Indian tech professionals find jobs at leading high-growth companies like Udaan, Skuad, Clari, Directi, Arcesium and more.
Codejudge uses real-world assessments to evaluate candidates skills and provides data-driven reports to employers to help them make informed hiring decisions.
Fostering a culture of innovation and entrepreneurship
Another way that India is boosting its talent potential is by fostering a culture of innovation and entrepreneurship. India has the third-largest startup ecosystem in the world, with over 50,000 startups and 34 unicorns (startups valued at over $1 billion).
These startups are not only creating jobs and wealth, but also solving real-world problems with cutting-edge technology.
- Zomato is a food delivery app that serves over 10 million customers in 24 countries.
- Ola is a ride-hailing app that operates in over 250 cities across India, Australia, New Zealand, and the UK.
- Byju’s is an online education platform that has over 100 million users in India and abroad.
Investing in human capital
India is also investing in its human capital by improving its education system and creating opportunities for lifelong learning. India has one of the largest higher education systems in the world, with over 900 universities and 40,000 colleges.
India also has some of the best institutes of technology, management, and science in the world, such as the Indian Institutes of Technology (IITs), the Indian Institutes of Management (IIMs), and the Indian Institute of Science (IISc).
These institutes produce world-class graduates who go on to work at top companies, research labs, and universities around the world. India is also embracing online learning as a way to upskill and reskill its workforce.
Leveraging Codejudge for hiring top talent
A final way that India can win the global talent war is by leveraging Codejudge, an online hiring platform with real-world project-based assessments to evaluate tech and non-tech skills for a diverse set of roles.
Codejudge helps recruiters to:
- Source candidates from various channels such as job boards, social media, pre-vetted talent pools, etc.
- Assess candidates technical skills across all roles using proprietary real-world micro-project coding assessments.
- Evaluate skills on 20+ coding languages and 50+ technology frameworks.
- Fully customize and automate technical screening.
- Get data-driven reports with deep developer insights up to 127+ code metrics.
- Conduct live coding interviews with video recording, real-time communication, code playback and more.
- Hire top developers remotely with faster time-to-hire and lower cost-per-hire.
Codejudge is trusted by over 150+ happy customers who have used it to hire top talent for their companies.
India is clearly on the rise as a talent powerhouse. But it also faces some challenges, such as brain drain, skill gap and gender disparity. To overcome these challenges, Indian firms need to use innovative talent acquisition tools and platforms, like Codejudge. By doing so, India can not only secure its own future but also contribute to the global talent economy.