BENGALURU: This year, Indian companies are going to create a plethora of opportunities for job seekers. In the new jobs arena, there could be an average increase of about 14.5 percent—according to India Skills Report (ISR) 2016, conducted by several head-hunter firms unanimously, reports ET.

The companies around the country are expected to add more than 10 lakh employees to their payrolls and dole out hefty salary hikes in the range of 10-30% for right talent in 2016. According to the report, it is suggested that the pharmaceuticals and healthcare industry sector will lead the pack and can hire new employees summing up to 1.34 lakh, which interprets to a 20% jump year on year; says a new study. There is an urgent need of skilled manpower in R&D, quality assurance (QA), intellectual property (IP), and manufacturing to sales and marketing dept. of pharmaceutical companies.

In his historic speech at New York’s famous Madison Square, Prime Minister Narendra Modi shared the power behind India—the 3Ds (Demography, Democracy & Demand)—and impressed not only the strong gathering of 20,000 Indian-American diaspora but also revolutionized the thoughts of millions of Indians across the world. But the big question was; how will this happen? As time passed, we found a supposititious answer to such question—Jobs and Skills have received the much needed focus and have taken the center stage; Investor sentiments are at an all-time high and reforms have started taking shape.

Today, we notice subtle changes. The Construction, Retail Services, Education, Hospitality and all other industrial sectors including Government segments have slowly and surely become hi-tech and paperless. Information has become more accessible and transparent. On top of it all, creation of this level of digital infrastructure would create jobs, which will contribute in overall growth of the economy.

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