Industry Sector Analysis:

An in depth analysis reveals that amid industries, the BPO sector has witnessed a double digit growth of 33 percent Y-O-Y. Other top performing sectors include Pharma and Telecom which have seen a spike in hiring with the index moving up by 16 percent and 7 percent Y-O-Y respectively.   The growth streak was also seen in Oil and Gas sector with the index moving up by 7 percent Y-O-Y. Among sectors observing a negative decline, Auto sector saw the maximum decline with the Naukri Job Speak Index moving down by 17 percent respectively however monthly comparison shows auto sector seeing a spike with the index moving up by 16 percent M-O-M.

Functional Area Analysis:

The demand for professionals working in IT and BPO sector continued to grow with the index moving up by 33 percent and 31 percent in Dec’13 as compared to Dec’12.  Apart from that, professionals working in areas of Finance witnessed an increase in demand with the index moving up by 7 percent Y-O-Y.   In terms of decline, professionals working in Banking and Insurance and Supply Chain witnessed a dip with the index moving down by 17 percent and 15 percent Y-O-Y respectively.  Engineering design and R&D also saw a decline with the index moving down by 14 percent Y-O-Y.

City Wise Analysis:   

Among all metros, Delhi and Hyderabad witnessed the maximum improvement in hiring trends with 25 percent and 20 percent increase in Dec’13 over Dec’12 respectively Bangalore and Kolkata also saw a double digit growth with the Naukri job speak index moving up by 18 percent and 13 percent Y-O-Y respectively.  Cities like Mumbai and Pune saw a miniscule growth in hiring with the Naukri Job Speak Index moving up by 1 percent Y-O-Y.

In terms of decline, Chennai was the only city amongst metros which saw a dip with the index going down by 4 percent in Dec’13 as compared to Dec’12.

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