The resilience of Indian economy has been proved with its quick recovery from global economic meltdown. Not only has it remained stable but has shown tremendous improvements across all sectors and industries. With HRs, consultants, recruiters, etc. reporting positive hiring trends, at least 5 lakh jobs have been generated in India in the first half of the current year.
Ma Foi Randstad, global HR service provider projected creation of 5 lakh jobs in the organized sector of which around 3,50,00 seem to be created during the second quarter (April to June) alone. Along with the job generation, rise in pay scales have also been observed, thus, bringing back the positive sentiments to the Indian job market.
Delhi and NCR are found to be the top job providing cities (with nearly 21,000 jobs) out of the eight major cities surveyed. Next is Mumbai (15,000) followed by Chennai (12,000), Kolkata (8,500), Bangalore (7,000), Hyderabad (6,200), Pune (5,500) and Ahmedabad (3,500 approx).
The sectors hiring most actively in the second quarter include healthcare (96,500 jobs), real estate & construction (52,000), hospitality (49,000), IT sector (34,000), media & entertainment (29,000) and banking, financial services & insurance (16,000). The hiring trends in around 650 companies across 12 industries are included in the survey.
The positive momentum in organized sector is expected to extend to the unorganized sector as well. The hiring activity will spread throughout the year in a planned manner to avoid any lay offs or other problems later. Jobs in India are back with a bang and are here to stay for long across all levels, sectors and professions. The salary raise has added zest to the momentum with movement both within and outside various sectors. The boom in recruitment market is welcome news after a slowdown for more than a year-and-a-half.
Ma Foi Randstad, global HR service provider projected creation of 5 lakh jobs in the organized sector of which around 3,50,00 seem to be created during the second quarter (April to June) alone. Along with the job generation, rise in pay scales have also been observed, thus, bringing back the positive sentiments to the Indian job market.
Delhi and NCR are found to be the top job providing cities (with nearly 21,000 jobs) out of the eight major cities surveyed. Next is Mumbai (15,000) followed by Chennai (12,000), Kolkata (8,500), Bangalore (7,000), Hyderabad (6,200), Pune (5,500) and Ahmedabad (3,500 approx).
The sectors hiring most actively in the second quarter include healthcare (96,500 jobs), real estate & construction (52,000), hospitality (49,000), IT sector (34,000), media & entertainment (29,000) and banking, financial services & insurance (16,000). The hiring trends in around 650 companies across 12 industries are included in the survey.
The positive momentum in organized sector is expected to extend to the unorganized sector as well. The hiring activity will spread throughout the year in a planned manner to avoid any lay offs or other problems later. Jobs in India are back with a bang and are here to stay for long across all levels, sectors and professions. The salary raise has added zest to the momentum with movement both within and outside various sectors. The boom in recruitment market is welcome news after a slowdown for more than a year-and-a-half.
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