India Inc Witnesses Annual Growth Of 11 Pct In Hiring Activity

BANGALORE: According to the latest Naukri job speak report India Inc has witnessed an annual growth of 11 pct in which the index report  for the month of June 2015 is recorded at 1749 which is a considerable growth in the hiring activity from June 2014. The highest growth increase in hiring was seen in IT-Software, IT-hardware and telecom industries, the accounting/finance industry and banking, reports ET.

Accounting/finance industry holding the maximum record on a yearly growth in the hiring activity in sync with 79 pct of industries, BFSI also stated a 49 pct year on year growth in June 2015 index. Furthermore, IT- Software and Hardware industries received a 23pct and 19pct annual growth respective in June 2015 from the prior year while Pharmaceutical and healthcare industries stood at 14 pct and 16 pct respectively.

In contrast however, sectors that include oil and gas, auto and real estate has experienced a setback in the June 2015 index over June 2014.

Metro cities such as Mumbai, Bangalore and Kolkata have recorded an increase in hiring while Delhi-NCR witnessed a stationary hiring activity in the June 2015 index.
V. Suresh, Executive Vice President and Chief Sales Officer of Naukri.com said in a release "Job market continues to sustain the momentum gained in April and May with an impressive pct growth in June. Sectors like IT, Banking and Pharma lead the show right now and we can expect the other sectors to start looking up in the next few months or so."

The requirement for consulting professionals has also upscale in demand as the  highest record of 28pct this year’s index report, the requirement for professionals in accounts / finance, banking / insurance and marketing has also met a raise with 22 pct , 18pct and 10pct in June 2015 index respectively.

Professional demand in Pharma has also tuned a growth of 5pct this year while professionals in IT-Hardware have had a more stable record. ITeS and Packaging professionals have witnessed a fall in demand of 4pct and 10pct for this year in comparison to June 2014.


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