LTI's net headcount set to go up this year, sees no decline in demand

LTI closed FY22 with a total headcount of 46,648 and the addition in the last financial year was more than what it had seen in the previous two years

Larsen & Toubro Infotech’s (LTI’s) net headcount saw a rise of about 10,500 last year and it is looking at a similar or higher hiring trend for the current financial year.

“Our net headcount addition was 10,500 in the last financial year. We are ambitious about hiring in a similar range or even more in sync with our business momentum,” said Nachiket Deshpande, chief operating officer, LTI.

Last month, Larsen & Toubro announced the merger of its two listed IT services companies — LTI and Mindtree. Till the merger comes through, LTI hopes to grow at a similar pace as