Textiles Export Sector May Generate 2.5 Million Jobs

The upcoming India-European Union pact for free trade of textiles and garments is expected to generate millions of jobs in India. If India enters into a Free Trade Agreement (FTA) with EU, it would be able to fetch 3 billion dollars worth of apparels export order. Though, the pact is under discussion from quite long but if signed, it is supposed to create a whopping 2.5 million career opportunities in the textiles and garments export sectors.

Sources from Apparel Export Promotion Council (AEPC) showed that India exported garments worth 5.7 billion dollars to European Union last calendar year. It accounted for 55% of the country's total apparel shipments in 2009 and would bolster up considerably if FTA is concluded on a positive note. It is hoped that final results for this agreement would come by the end of current fiscal.

Indian market offers lead over China in terms of both labor and costs of production. The dearth of skilled manpower in textiles sector and high production costs in Chinese market has shifted interests of European Union to India. The human resource in our country is available in plenty and that too, at 20% lesser costs making it the next preference. Moreover, production costs for business in India is sure to cut down helping in profit boosting both directly and indirectly.

Jobs Portal in India are reckoned to grow in numbers post global economic slowdown. With revival of sectors come new business opportunities encouraging employment of trained and qualified manpower. Since people are in the most mobile phase right now owing to the lay offs and salary cuts during recession, it is the best time to hire the best talent around. The existing and upcoming professionals in apparel export industry sure have a reason to smile now.

Indian Economy Reboots, Pushing Up Recruitments

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.

Gone are the days of buttering!

Job is the ultimate aim of every individual, whether it’s a student pursuing a course in management or it’s a singer, all of us, at the end wants to encash their talent and earn our living out of it. We all, from the very starting of our life, have in mind, what is aim of our life, what we want, where do we want to reach and accordingly we pave or road to success. Though, the definition of aim and goal keeps on changing as we grow in our career life. To keep growing and achieving different levels of success, you need to keep on polishing your skills and talent.

Today, appraisals and promotions are no more dependent on the traditional formula of buttering. Talent is the keyword; you not only need to excel in your area of interest but should possess knowledge about other areas of concern. Multiple tasking is what an organisation demands these days. Also, doing the same thing for the whole life brings the element of boredom in your life, so to make your life interesting and happening, you need to keep on exploring more opportunities in the same field.

With the advancements, in almost every industry, we as employees get more opportunities to prove our capabilities by trying hands on different new projects. This is possible with the growing competition between organisations, and somewhere in this race, we are at benefit, because our talent gets recognised and these days, more and more hiring is done not only on the basis of certificates but, on the basis of practical knowledge. So, we can say jobs security is no more dependent on your buttering abilities, you have to excel in your field of interest to retain your job and to gain confidence of your organisation, though that talent has to be proved by us every day, to keep growing and maintain our position in the company.