KOLKATA: Indian employers report positive hiring plans for Quarter 1 in the new yearwith the Northern and Western regions showing the strongest job prospects for the quarter ahead, reveals the latest Manpower Employment Outlook Survey released today by ManpowerGroup.
Hiring intentions rebound for the upcoming quarter from year-ago levels in most industry sectors and all regions, says the survey of 5,006 employers across India. Indian employers anticipate a brisk hiring pace for the January-March time frame. Once the data is adjusted to allow for seasonal variation, employers report an outlook of +33%. The most optimistic hiring plans are reported by employers in the mining & construction sector and the wholesale & retail trade sector with net employment outlooks of +38%.
"India's first-quarter hiring pace is expected to remain robust, especially in the mining & construction sector where job seekers are expected to benefit from aggressive efforts to improve infrastructure throughout the country. The hiring pace is also expected to remain brisk in the services sector where IT talent continues to be aggressively recruited by both national and multi-national firms," said AG Rao, group managing director of ManpowerGroup in a release.
Finance, insurance and real estate have a positive outlook of 36% while the services sector too demonstrates bright prospects with 35%. Manufacturing comes in next with 31%.