"There will be intake in this financial year. Last year the fresh intake was 2.3 lakhs engineers what we recruited. We anticipate the number would be roughly in the same range. We also see at this point of time productivity and efficiency increase and more amount of automation took place. The current forecast is approximately the same as an intake from freshers," Reddy said at a press conference.

On the industry growth expectations, Reddy said they would take a call on reviewing of growth projection in February during Nasscom Leadership Summit.

To a query, he said the Nasscom does not see anything unusual in the reported probe on TEC and Infosys and Vouched that the Indian companies are 100 per cent regulatory complaint.

"If you look at regulators and the regulations around the world, they will constantly keep targeting whether the regulations are followed or not...So there will be audits done from time to time...So these are not something we feel that are unusual at this point of time," the Nasscom head said.