IT major Tata Consultancy Services planning to hire 37,000 professionals for its domestic and overseas markets through campus placements in the next fiscal.

The hiring ratio will be around 54:46 trainee and lateral (professionals) respectively. The company had hired 27,500 professionals through campus recruitment last year.

The country’s largest software exporter said it has hired 50,000 personnel in the nine-month period ended December 2010 and expects to add another 12,000-15,000 in Q4.

TCS added 20,219 people (gross) taking its total headcount to 1,86,914 at the end of the third quarter.
The company faces the major challenge of attrition and would hire 50,000 engineers in FY 12.