India Slips To Second Place On Hiring Outlook
“Budget 2015 is further expected to favour more foreign investments in India and campaigns like ‘Make in India’ will drive global companies to set-up manufacturing facilities in India,” ManpowerGroup India Group Managing Director A G Rao said adding that hiring intentions remain positive in all seven sectors.
Sector-wise, the most optimistic hiring plans are reported by employers in the transportation and utilities sector and mining and construction where net employment outlooks stand at 46 per cent and 44 per cent, respectively.
“India’s home-grown financial services majors have set the ball rolling on big-ticket hiring, encouraged by positive business sentiment that has sparked the need for diverse talent to manage emerging business opportunities,” Rao said.
From a regional perspective, employers in the northern and western parts of India anticipate the highest number of opportunities for job seekers in the months ahead, reporting net employment outlook of 51 per cent and 42 per cent, respectively.
“Concrete policies and initiatives by the government, rise of start-up ventures and emergence of India as an investment destination will prove to be the harbingers for growth,” Rao said.
Also Read:
Majority Of Working Women Contended Despite Hectic Schedule
TCS Ranked As Top Employer In Europe