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Hiring activity in India up 24% during September

Hiring activity in India up 24% during September
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Hiring activity in India up 24% during September

Highlights

Driven by industries like pharma, fast-moving consumer goods, education and IT, hiring activity in India saw a growth of 24 per cent in September compared to the previous month, according to a new report by job portal Naukri on Monday

New Delhi: Driven by industries like pharma, fast-moving consumer goods, education and IT, hiring activity in India saw a growth of 24 per cent in September compared to the previous month, according to a new report by job portal Naukri on Monday.

Further opening up of the economy with unlock measures and increased mobility has led to an improvement in hiring activities in industries like real estate, auto/ancillary and hospitality/travel versus August, revealed the Naukri JobSpeak Index for September.

Key industries such as business process outsourcing (BPO)/IT enabled Services (ITeS) and banking and financial services continue to post robust growth sequentially, said the report.

"While the hiring is yet to touch last year levels and is down by 23 per cent in Sept'20 versus Sept'19 but this is also a marked recovery from a 35 per cent-60 per cent decline that we have witnessed in the last few months," Pawan Goyal, Chief Business Officer, Naukri.com, said in a statement.

"Businesses that are leveraging digital channels for dissemination and consumption of goods and services are thriving and will continue to do so as we imbibe social distancing norms in our daily lives."

Metros which were reeling under various lockdown measures earlier have posted strong double-digit growth in the month of September Vs August with Pune leading the pack followed by Hyderabad and Chennai, while Bangalore is lagging with a 14 per cent growth.

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