No return to full WFH yet: IT firms unlikely to change hybrid work model despite PM Modi’s appeal

Hybrid work model to continue

IT firms, which are already operating under hybrid work arrangements, are expected to continue with the current system that stabilised after the massive disruption caused by the Covid-19 lockdowns in 2020.

Industry executives said the sector has already built flexibility into its operating models, making any immediate large-scale shift unlikely.

Firms may become more flexible if crisis worsens

Pareekh Jain, CEO and lead analyst at EIIRTrend, told Moneycontrol that most IT service providers are expected to maintain the status quo for now.

“IT service providers will largely maintain status quo with flexible work-from-home policies for now. Companies that had stricter return-to-office mandates are likely to become more flexible rather than risk being seen as going against national interest,” Jain was quoted as saying.

He added that if the geopolitical situation escalates further, companies could encourage more remote work, subject to client approval and operational feasibility.

“If the situation escalates further, firms may encourage more remote work, provided clients are comfortable with it, as they would not want to be on the wrong side of public opinion,” he said.

Modi urges austerity amid West Asia tensions

A couple of days ago, Prime Minister Modi urged citizens to adopt austerity measures in view of the worsening conflict in West Asia, warning that the global crisis could severely impact India’s economy through rising fuel prices and pressure on foreign exchange reserves.

Addressing a gathering in Hyderabad, Modi last Sunday appealed to people to avoid unnecessary foreign travel for a year and refrain from purchasing gold during festivals and weddings.

‘Economic patriotism’ call

Stressing the need for “economic patriotism”, Modi said every Indian must contribute towards protecting the country’s financial stability during uncertain global conditions.

The Prime Minister also urged citizens to reduce petrol and diesel consumption, revive work-from-home practices wherever possible, and rely more on public transport.

He cautioned that disruptions in global crude oil supply chains due to the conflict could sharply increase India’s import bill, given the country’s heavy dependence on imported fuel and gold.