There may be 33,000 vacancies for freshers in India's retail and FMCG sector

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  • Retail and Fast Moving Consumer Goods & Durables (FMCG&D) sector is expected to add nearly 2.76 lakh new jobs.
  • Retail sector alone will be creating 33,310 new jobs for freshers across cities.
  • Delhi, Bangalore and Mumbai are the top cities creating employment in the Retail and FMCG sector.
  • The job creation by retail and FMCG/D will witness a 15.11% and 10.31% growth respectively.
India’s Retail and Fast Moving Consumer Goods & Durables (FMCG&D) sector is expected to add nearly 2.76 lakh new jobs in the market, according to the Employment Outlook Report by TeamLease.

According per the report, the retail sector will add 1.66 lakh new jobs adding 2% to the net employment in the April to September quarter of 2019-20. The consumer goods sector will create 1.10 lakh new jobs — which is expected to accelerate fresher hiring across the country.

Overall, 17% of net new jobs to be added between April and September is earmarked for fresher hirings.

“Not only experienced talent seems to benefit from the optimism in these sectors; it will see a positive impact on fresher hiring as well. Retail sector alone will be creating 33,310 new fresh graduates jobs across cities,” said Mayur Saraswat, Head of Digital & IT, Teamlease Services.

Delhi and Bangalore will see the most number of jobs in the retail sector by adding 27,560 and 22,770 jobs, respectively. This rise in jobs can be attributed to the major acquisitions and foreign entrants in the Indian market.

In the FMCG market, food joints and new FDI norms have pushed for more opportunities with Mumbai and Delhi creating most jobs (25,570).

Consumer goods company Hindustan Unilever reportedly witnessed 7% growth in sales volume, which is the company’s lowest in six quarters, while Dabur India 4.3% sales growth.

“Apart from government interventions like easing of FDI norms, expansions by the domestic players, the increase in domestic consumption will also create more jobs. The job creation by Retail and FMCD/ G will witness a 15.11% and 10.31% growth respectively,” Saraswat added.

The TeamLease report surveyed 19 sectors and 14 geographies, conducting analysis on 775 enterprises in India to understand the employment across sectors.

See Also:

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