Currently, with one of the largest youth population in the world, India stands its glorious opportunity as well as a challenge. It is slated to grow as the world’s youngest nation by 2022. Whereas the population protuberance provides for a huge pool of workforce, it also draws single focus towards creating this talent pool employable— so that they can contribute towards a developed India. Many new initiatives have been launched—Smart Cities, Make in India, Digital India, Start-Up India—all focusing- on contributing and scaling the economy and creating more jobs in India.
In a recent report published by one of India’s leading job portal, it was stated that hiring trends across the country had increased considerably and nearly 77 percent of employers are of the opinion – several new jobs will be created in the next six months.
Jobs in India – Top Cities & Sectors
While job seekers and recruiters continue to focus on the job-creating industries and sectors, we intend to concentrate on the city-wise recruiting trends that would be dominating in the next six months. Needless to say that those who are looking for jobs in India, they would be flooded with ample options. For example, the Information Technology (IT), industry will register a huge growth in hiring activity with Bangalore taking away the laurels. Let’s explore them in details.
# IT/ITeS – Bangalore and Hyderabad
Known as the Silicon Valley of India, Bangalore continues to lead in hiring trends. All the key recruiters within the city are eyeing to hire potential candidates for thousands of job openings in the city, especially in the IT sector. While IT and startups are the prime movers of this uptrend, the sentiment is shared across other areas in Bangalore. With a stupendous 96 percent of respondents looking to ramp up hiring, the sentiment in the city is ahead of all others by far.
Hyderabad comes very close to Bangalore regarding an increased hiring trends within the IT sector. The city is home to big names like Google, Facebook, Microsoft and Oracle and a host of other IT companies. Hiring trends in the city have gone up by nearly 30 percent over the past six months and are expected to grow more in the coming six months creating more jobs in India.
# Banking, Financial Services and Insurance (BFSI) – Mumbai
With job growth and outlook statistics second only to Bangalore, Mumbai keeps up its standing as a significant contributor to employment. Mumbai, the commercial and business capital of the country, continues to steal the show while it comes to the BFSI sector. Headquarters of two major players, the State Bank of India (SBI) and the Reserve Bank of India (RBI), are located in the city followed by one of the busiest stock exchanges of the country and also a host of international banks and financial institutions. Needless to say that job seekers in this domain would find ample opportunities in Mumbai.
While Mumbai leads in hiring trends in this sector, other cities include Pune, Chennai and Kolkata offering decent job openings for job seekers.
# Retail – Delhi/NCR
While incomes to employment in the retail sector, Delhi/NCR scores the highest regarding hiring trends, leaving behind all the key cities. The Indian retail enterprise has developed as one of the fast-paced and most dynamic industries due to the entrance of several new players. It estimates for over 10 percent of the country’s Gross Domestic Product (GDP) and around 8 percent of the employment.
India is the world’s fifth-largest global destination in the retail space. Most of the new players, along with international ones like Walmart have made Delhi/NCR their base. The sector is more organised in the region and offers ample employment opportunities to job seekers. The growth of outer suburban areas of Delhi such a Noida, Gurgaon, Faridabad and Ghaziabad also accounts for the development of the industry to a substantial level and thus lead to more job creation. With so much of growth, retail jobs in India are mainly concentrated in this region.
# Automotive/Automobile – Chennai and Pune
Termed as the Detroit of India, needless to say, that Chennai is India’s automobile hub, owing nearly 60 percent of the country’s export. Needless to say that the city continues to rank number one regarding hiring trends about the auto industry. Chennai is home to some automobile companies such as Ford, Hyundai, Nissan, Mitsubishi, Yamaha all operate from Chennai and its outskirts. Even tyre manufacturers such as Apollo, Bridgestone, JK Tyre and MRF have their manufacturing hubs in the city.
It goes without saying that as the industry registers a substantial growth in production and sales, there has been a rise in the hiring trends in the sector as well. Demand for more skilled labours have increased with time and the hiring trend in the industry is expected to remain stable in the coming months.
Pune, on the other hand, ranks just next to Chennai as the new auto hub of the country. Since 2009, the city has witnessed an upsurge in the manufacturing of automobiles. The Chakan-Talegaon belt in the city is fast becoming the automotive manufacturing hub. Leading players like Volkswagen, General Motors and Mahindra&Mahindra have set up plants in the city’s automotive hub. Other players include Tata Motors, Force Motors, Premier Motors, Mercedes-Benz and Fiat. Most of these companies require skilled labourers as well as engineers. Needless to say that this sector has recorded an upsurge in the hiring trends within the city.
Apart from the cities mentioned above, employment opportunities are also open in other cities traversing across a variety of sectors and industries. These cities include Kochi, Kolkata, Trivandrum, Chandigarh, Ahmedabad and Lucknow.