City
Epaper

India’s white-collar jobs see 6 pc growth in September, IT sector bounces back

By IANS | Updated: October 4, 2024 13:35 IST

New Delhi, Oct 4 India’s white-collar hiring activity saw a strong 6 per cent growth (year-on-year) growth in ...

Open in App

New Delhi, Oct 4 India’s white-collar hiring activity saw a strong 6 per cent growth (year-on-year) growth in September, driven by a resurgence in IT (18 per cent) and FMCG (23 per cent) sectors, a report said on Friday.

Artificial intelligence/machine learning (AI/ML) roles also surged by 31 per cent, reflecting the increasing demand for tech talent.

According to the Naukri JobSpeak Index, India's leading indicator of white-collar hiring activity reached 2,727 points in September. Sectors such as oil and gas (13 per cent) also exhibited strong growth.

The IT sector bounced back strongly in hiring. Interestingly, non-traditional IT hubs showed significant growth, potentially indicating a geographical diversification trend, the report mentioned.

Jaipur led the pack with a 47 per cent YoY increase in IT roles, followed by Kolkata at 32 per cent. The sector also saw a 35 per cent YoY growth in hiring for professionals with over 16 years of experience.

Unicorns and foreign MNCs were key drivers of this growth, with 16 per cent and 14 per cent growth, respectively.

In the FMCG sector, Mumbai and Bengaluru emerged as key drivers, with FMCG roles growing by 49 per cent and 43 per cent, respectively in these cities.

Particularly noteworthy was the 70 per cent YoY growth in hiring for FMCG professionals with over 16 years of experience, indicating a strong demand for senior talent in the sector, the report added.

“The 6 per cent overall growth in hiring activity is heartening, but what's truly exciting is the robust recovery we're seeing in the tech sector after a prolonged period of hiring stress,” said Dr Pawan Goyal, Chief Business Officer of Naukri.

In the oil and gas sector also demonstrated robust growth. Ahmedabad stood out in this sector, witnessing a remarkable 54 per cent YoY growth.

Global capability centres (GCCs) recorded a 12 per cent YoY growth in hiring. GCCs of management consulting firms led this growth with a remarkable 50 per cent increase, followed by the heavy machinery sector at 40 per cent, said the report.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

NationalPiyush Goyal slams Mahagathbandhan's poll promises; lauds Bihar's development under NDA govt

NationalAbhishek Banerjee moves to the front amid rising rhetorics over SIR

NationalChhattisgarh residents thank PM Modi for boosting infrastructure, housing, and rural development

NationalTrinamool plans mega anti-SIR rally in Kolkata on day one of 1st stage of revision exercise

NagpurVid restrict TN to 252/4

Business Realted Stories

BusinessUrban Company sees Rs 59.3 crore loss in Q2 due to investments in Insta Help

BusinessBengal: SMPK bags maritime excellence award during India Maritime Week

BusinessUS Visa Medical in Pakistan: How to Book Your Appointment Fast & Stress-Free

BusinessGovt launches Employee Enrollment Scheme 2025 to boost citizen-centric service delivery

BusinessYoung Filmmaker Isha Chhabra from the USA Impresses with Her New Music Video Gulistan Chale -- Music by A.R. Rahman