Elettronica
India Inc to Hire Significant Numbers in Coming Quarters – TimesJobs RecruiteX
Consumer-driven sectors to drive the demand:
With the festive season around the corner, consumer-driven sectors such as hold a promising outlook for jobs in coming months. Companies in the consumer durables/FMCG sector are actively recruiting for and support functions. Hiring is on rise for both managerial and technical roles in this industry. Current trends reflect growing focus on exploring fresh talent from business and engineering campuses. In the automobile sector, active hiring is anticipated in core areas such as procurement, sales and production. With existing companies increasing their capacities and new players coming into the market, the employment opportunities in this industry are expected to grow.
Optimism return in other key sectors:
Industry experts also predict an upswing in talent supply in the , based on the increasing level of privatization and competition. Job opportunities are expected to increase in support functions and at entry/junior level. Retention and talent development are going to be the key focus areas, with a number of organisations in this industry investing in employee development and engagement initiatives - to retain, understand, align and improve the overall talent pool.
Job opportunities in the are expected to grow in tier I and II locations, including rural pockets, in the future. Availability of manpower, comparatively inexpensive labour and infrastructure cost is making BPO/ITeS companies expand operations in these regions, reasoned experts.
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The opening up of FDI in single-brand retail has led to a rise in talent demand in the . However, the hiring will be largely restricted to the entry/junior level. Similar to the trend in ITeS sector, retail too reported buoyant hiring in tier I and II cities such as Lucknow and Jaipur.
Tier I and II cities, emerging job hubs:
While major locations witnessed stunted hiring activity, tier I and II cities surfaced as new employment centers in the Indian job market. Locations such as saw an upsurge in demand, mainly in sectors such as . This trend is expected to continue for next few quarters, with metros such as likely to maintain staff levels and tier I and II cities emerging as new employment avenues in 2012-13.
Among key locations, the state of Maharashtra (excluding Mumbai and Pune ) was the strongest performing region during the January-June'12 period. It overtook key employment hubs such as Delhi NCR, Chennai and Bangalore . Robust business growth in IT/Telecom and manufacturing & engineering organisations in the region, coupled with availability of talent, boosted the state's performance, stated experts. Demand for IT/Telecom professionals grew exceptionally well in this region witnessing a 29% growth. The region is expected to continue its growth run, with a double-digit growth very likely for the state in coming months.
One of the key cities in Maharashtra,i.e. Pune , is expected to see demand for talent from sectors such as Manufacturing, IT/Telecom, Consumer Durables/FMCG, Retail and Automobile in coming months. Buoyancy in hiring is expected to return in Ahmedabad, with work on ongoing projects and expansion plans getting in full swing, by the end of this year.
Demand for Leadership and Fresh Talent:
A positive hiring momentum was observed for senior professionals with more than 10 years and over 20 years of experience for the first half of 2012. In leadership roles, candidates who can handle changing market conditions will be more in demand, in future, stated experts. In addition, demand for 2-5 years experience candidates is expected to rise in IT, ITeS and Manufacturing sectors. Prospects also seem bright for candidates with less than 2 years experience, in industries which are linked with domestic economy, such as Infrastructure, Manufacturing, Engineering and Construction.
summarized
OTHER KEY FINDINGS
Industry Trends
Also in this issue: A special focus on the Real Estate industry
Employment Locations
Experience Level Trends
About RecruiteX
RecruiteX report by TimesJobs.com is the only recruitment report in India , which has brought industry leaders on a common platform to discuss and share the statistics related to the Indian employment market. The data figures have been corroborated with current trends and future predictions by experts. The report is segregated into three sections: top ten industries, locations and top five experience range. We have experts from Citrix, ABB, Mahindra & Mahindra, Philips, DIAL -GMR, McDonalds, Hyundai, Fortis, Manpower, PwC, Kelly Services, Hay Group, MaFoi, Team Lease, KPMG and ISB commenting and co-authoring in this issue.
RecruiteX Methodology
To minimise the scope of inaccuracy, the TimesJobs RecruiteX analysis is based on demand and supply data integrated with numbers collected by our offline teams and then segregated according to top industry verticals, experience ranges and locations. Demand for talent is computed by factoring activities of recruiters on TimesJobs.com. Supply of talent is calculated by the activities of the jobseekers on the portal. The base value of RecruiteX has been kept as 100 for the month of December 2010 . All RecruiteX values for subsequent months represent the trend of RecruiteX viz-a-viz December 2010 .
To get a copy of the report, please contact:
Primary Media Contact : Aseem Seth TBSL, aseem.seth@timesgroup.com, 91-99102 73367