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Hiring goes up 4.1 percent in Indian companies

Views 2 Views    Comments 0 Comments    Share Share    Posted 21-10-2009  

New Delhi: Hiring activities in the Indian companies rose by 4.1 percent in September with IT, BPO and real estate sectors turning bullish after a long time. The monthly `JobSpeak index` by naukri.com stated an increase to 729 in September as compared to 701 in August this year.

"The secular trend is positive across sectors. Had it not been for an early festival season we may have seen further improvement in the index. The good news is that the IT and BPO sectors which are big employers especially at entry and junior levels seem to be in positive territory after a long time," said Hitesh Oberoi, COO and Director, Info Edge (owner of naukri.com).

The index moved from 715 in August to 719 in September. The companies` hiring activity saw a positive trend with 14 out of 41 sectors covered showing a double digit rise in hiring activities.

According to the report, IT-enabled Services (ITeS) and Business Process Outsourcing (BPO), real estate and retail sectors witnessed a significant push in September as compared to August.

The ITeS and BPO sector saw an increase of 18.3 percent in hiring activity in September, while real estate and retail witnessed a rise of 36.8 percent and 12.2 percent respectively.

Source:
http://www.siliconindia.com/shownews/Hiring_goes_up_41_percent_in_Indian_compani
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