Corporates offering one Lakh jobs across sectors

Corporates offering one Lakh jobs across sectors
Bangalore: As the corporate India is on the move to fast-track recruitment process, the job market in the country is revving up, proving it to be the most optimistic nation in terms of hiring plans. Expected to invest $250 billion over the two years, close to a million new jobs are likely to be added by the organized sector in 2011-12. In January, job opportunities in the country improved across most sectors and it is expected to gain momentum in the coming months. The IT sector, whose growth had dived to single digits in 2008, is back on its feet now. Both, IT and ITES sector witnessed strong hiring trends this month with the index moving up by 11 percent and six percent last month as compared to December. The country's largest information technology services provider, Tata Consultancy Services (TCS) has announced that fresh engineering graduates with a good academic record can directly appear for interviews, skipping the entrance test that other applicants have to take. In the current hiring season TCS plans to make offers to a total of 37,000 fresh graduates. The company has already made offers to 23,500 graduates from 171 colleges in the current hiring season. The company has already crossed its hiring target of 50,000 employees for 2010-11 and will be adding 12,000-15,000 employees in the fourth quarter of this financial year. Come to Cognizant now. The Nasdaq-listed information technology firm recruited 25,000 people in 2010 and has plans to take another 25,000 people in 2011 as well. At present, Cognizant has 8,000 employees in Kolkata. In Chennai campus it has 15,000 people. Across the country, the company has about 1, 00,000 employees. Aegis, the BPO arm of $15 billion Essar Group, also has planned to add about 11,000 people globally, including India, during the financial year 2011-12. Internet giant Google has also joined the hiring party and announces its plans to add more than 6000 people around the globe this year in one of the "biggest" workforce expansions in company history. Mobile infrastructure and managed services provider Nokia Siemens Networks is also in the race. The company will be adding about 1,800 employees in Chennai by 2011, from current 1,000. Apart from IT, jobs are raining in other sectors as well, like financial services, car manufacturing, airlines etc. The financial services major, Edelweiss Group, is all set to recruit 30,000 to 40,000 people in next 3 to 5 years, as a result of its expansion plans. The company already has strength of almost 2,500 employees and might hire 100 to 150 people for its wholesale businesses. Following the marked boom in the aviation sector, airlines in the country are also to recruit 5,000 professionals across various operations this year, including cabin crew, ground staff and pilots. After the Indian Airlines-Air India merger, the airline is adding 700 cabin crew to tide over the current shortage. While Air India Express, the low-cost wing of the airline, is planning to introduce four more aircraft and will require 74 new cabin crew members, Air India and low-cost airlines IndiGo and SpiceJet will add more than 1,000 this year. In order to increase their capacities to grab a bigger share of India's rapidly growing car market, carmakers in the country are looking for research and development personnel from India and overseas. Maruti is likely to recruit 1,500 people from India by March, while M&M, the country's largest utility vehicle maker, is also planning to hire fresh talent. This is not all. Job opportunities are available in various other sectors such as hospitality, FMCG and so on. According to reports of leading job portals, the hiring activities picked up in January. The Monster Employment Index, a monthly gauge of Indian online job demand, climbed to 113 in January this year, a growth of 27 percent as compared to the year-ago period. Reflecting the optimism, Naukri's Job Speak index went up 969 in January from 808 in the same period a year ago. All that is being indicated is that jobs are back with a bang and the momentum is not showing any sign of slowing down.