India Inc to See Robust Hiring in Third Quarter

Rapid growth in the retail sector is expected to create millions of jobs by the next three years and the Retailers Association of India seems to be hopeful to combat with the training of five million people in the next five years, adds Sanjay Pandit.

Recruiters from all the four regions in India have reported to be optimistic regarding the hiring plans for the upcoming quarter. Active hiring has also been reported from the West as the hiring outlook stands at 52 percent and in the North and South employers have reported positive employment outlooks of 44 percent and 43 percent respectively.

In all the seven industry sectors like finance, insurance and real estate, manufacturing, mining and construction, transportation and utilities, wholesale and retail trade, public administration and education have all reported a positive hiring outlook to increase their staffing levels in the third quarter.

Services sector and the finance, insurance and real-estate sectors have reported optimistic hiring plans.