INDIA – HIRING ACTIVITY GROWTH IN JULY DRIVEN BY ITES SECTOR
Hiring activity in India saw a growth of 3% in July, compared to the same period last year driven mainly by the ITES (IT-Enabled Services) sector, according to the latest Naukri Job Speak Index.
The Naukri Job Speak Index for July this year stood at 1,882, up 3% compared to July 2015. The auto, hospitality, education and healthcare sector also continued to show steady growth.
The ITES sector recorded a 46% year-on-year growth, while the healthcare sector was up by 23% followed by auto/auto ancillary at 17%. Meanwhile, IT-software and telecom reported 21% and 32% respectively in the July index.
“Looks like this trend will continue and we can expect the index to move north in the coming months,” V Suresh, Chief Sales Officer, Naukri, said.
Among the metropolitan areas, Chennai is the only city which witnessed growth with a 7% increase in July. Whereas, cities like Delhi/NCR, Mumbai, Pune, Bangalore and Hyderabad all recorded declines.
While, Delhi reported a decline of 4% in the July index, Mumbai witnessed a downward movement of 11% and Pune, Bangalore and Hyderabad recorded a fall of 14%, 18% and 18% respectively.