New Delhi, Aug 2 (IANS) Hiring in India saw a 12 per cent increase in July compared to the same month last year, as most sectors reported healthy double-digit growths with pharma/biotech and FMCG leading the way, a report showed on Friday.
Compared to June, there was an 11 per cent growth in hiring (quarter-on-quarter), according to the Naukri JobSpeak Index.
The pharma/biotech sector recorded a substantial 26 per cent YoY increase, with Baroda (61 per cent) and Hyderabad (39 per cent) driving the surge.
Similarly, hiring in the FMCG sector grew by 26 per cent, led by Bengaluru (52 per cent) and Kolkata (43 per cent). The real estate sector also demonstrated a strong 23 per cent growth in hiring, driven by Delhi-NCR and Hyderabad, the data showed.
The IT sector experienced a healthy 17 per cent growth in July as compared to last year.
“This is the first month this year that we have seen positive growth, and the fact that it’s cutting across sectors and geographies, makes it truly promising,” said Dr Pawan Goyal, Chief Business Officer of Naukri. This broad-based, positive shift could potentially be the onset of an upcycle in the Indian white-collar job market, he added.
Among the roles seeing the highest growth in hiring were machine learning engineers, data scientists, BI managers, and product managers. Global Capability Centres (GCC) saw a 12 per cent YoY increase, driven by hiring in Delhi-NCR and Hyderabad. Gujarat continued to lead the pack with Rajkot, Jamnagar, and Baroda recording 39 per cent, 38 per cent and 25 per cent growth, respectively. According to the report, Hyderabad emerged as a key hub for job creation across multiple key industries.
–IANS
na/vd
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
