5 Sectors That Can Emerge as India's Largest Employers in Future
Bangalore: The Indian economy is back in shape and encouraging trends can be observed in a wide variety of sectors. The good news is that things are looking bright and positive in every sector, as a result of which India is gradually transforming into one of the fastest growing economies of the world. Also the positive growth trends have encouraged business firms within the sectors to accelerate the expansion plans, which in turn has created numerous employment opportunities and we are witnessing an upswing in hiring.
In addition, factors such as never ending supply of skilled manpower, lower telecommunication costs, cost effectiveness and reduced import duties compared to the western counterparts, are fueling India’s pursuit to the league of developed economies of the world.
Here is a list of five sunshine sectors that are more likely stand out from the rest and drive the economy in the future, as reported by Ashok Reddy, MD of TeamLease Services, on BusinessToday website.