Over 7 in 10 employers keen to hire in services sector in India
Overall, across services and manufacturing sectors, an average of 68 per cent of employers (65 per cent in FYQ3) have expressed a strong hiring sentiment, according to
For candidates who are looking to secure job opportunities in the services segment, some of the key sectors leading the hiring spree are e-commerce (98 per cent), telecommunications (94 per cent), educational services (93 per cent), financial services (88 per cent), retail (85 per cent) and logistics (81 per cent).
The first three months of 2023 project a strong outlook, especially for fresh graduates and entry-level employees, with 79 per cent of employers willing to hire from this cohort.
Opportunities for mid-level and senior level are also performing balanced. Large enterprises, followed by small and medium, are all indicating robust employment progression, the report said.
"The ongoing global turmoil with mass layoffs, hiring freeze, and impending recession have significantly affected the services sector globally, especially the IT industry," said
However, the sentiment in India continues to be on an upward trajectory.
"The government's push towards increasing monetisation ability, introducing
In Metro and tier 1 cities, the hiring intent for the services sector is at an exceptionally high level (99 per cent), the report said.
"With the 5G rollout, employers are already upskilling their current workforce for the upcoming 5G services. The upside of this activity has positively impacted educational, financial and knowledge outsourcing services," said
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