India’s white-collar jobs see 6 pc growth in September, IT sector bounces back

New Delhi: India’s white-collar hiring activity saw a strong 6 per cent growth (year-on-year) growth in September, driven by a resurgence in IT (18 per cent) and FMCG (23 per cent) sectors, a report said on Friday.

Artificial intelligence/machine learning (AI/ML) roles also surged by 31 per cent, reflecting the increasing demand for tech talent.

According to the Naukri JobSpeak Index, India’s leading indicator of white-collar hiring activity reached 2,727 points in September. Sectors such as oil and gas (13 per cent) also exhibited strong growth.

The IT sector bounced back strongly in hiring. Interestingly, non-traditional IT hubs showed significant growth, potentially indicating a geographical diversification trend, the report mentioned.

Jaipur led the pack with a 47 per cent YoY increase in IT roles, followed by Kolkata at 32 per cent. The sector also saw a 35 per cent YoY growth in hiring for professionals with over 16 years of experience.

Unicorns and foreign MNCs were key drivers of this growth, with 16 per cent and 14 per cent growth, respectively.

In the FMCG sector, Mumbai and Bengaluru emerged as key drivers, with FMCG roles growing by 49 per cent and 43 per cent, respectively in these cities.

Particularly noteworthy was the 70 per cent YoY growth in hiring for FMCG professionals with over 16 years of experience, indicating a strong demand for senior talent in the sector, the report added.

“The 6 per cent overall growth in hiring activity is heartening, but what’s truly exciting is the robust recovery we’re seeing in the tech sector after a prolonged period of hiring stress,” said Dr Pawan Goyal, Chief Business Officer of Naukri.

In the oil and gas sector also demonstrated robust growth. Ahmedabad stood out in this sector, witnessing a remarkable 54 per cent YoY growth.

Global capability centres (GCCs) recorded a 12 per cent YoY growth in hiring. GCCs of management consulting firms led this growth with a remarkable 50 per cent increase, followed by the heavy machinery sector at 40 per cent, said the report.

IANS

 

SpaceX settles 19 pc higher on debut day with market cap at record $2.2 trillion

New Delhi: Elon Musk-run SpaceX’s initial public offering delivered a blockbuster debut in the US, handing early buyers a 31 per cent gain, before settling up 19 per cent above...

Crude oil prices surge up to 1 pc as US-Iran tensions escalate

New Delhi: Global crude oil prices traded higher on Wednesday, increasing by up to 1 per cent after the United States launched strikes against Iranian military targets near the Strait...

India’s 7.7 pc GDP growth driven by a decade of economic reforms: Piyush Goyal

New Delhi: Commerce Minister Piyush Goyal on Monday said India's 7.7 per cent GDP growth reflected sustained policy interventions and economic reforms undertaken by the government over the past decade,...

Domestic LPG prices raised by Rs 29 per cylinder; 2nd hike since West Asia conflict began

New Delhi: Domestic cooking gas prices have been increased by Rs 29 per cylinder, marking the second hike in three months as state-owned oil marketing companies continue to face pressure...

RBI hikes equity investment limits for NRIs, OCIs

Mumbai:The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday announced that the limits for investment by NRIs and OCIs in equity instruments traded on the stock market without...

RBI pegs real GDP growth at 6.6 pc for FY27, inflation at 5.1 pc amid global disruptions

Mumbai:The Reserve Bank of India (RBI) on Friday projected real GDP growth for 2026-27 at 6.6 per cent -- with Q1 at 6.6 per cent; Q2 at 6.3 per cent;...

RBI keeps repo rate unchanged at 5.25 pc, maintains ‘Neutral’ stance

Mumbai:The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Friday unanimously decided to keep the policy repo rate unchanged at 5.25 per cent, in line with the expectations...

India-US trade deal 99 pc finalised, remaining issues being resolved: Sergio Gor

Mumbai: The proposed India-US trade agreement is “99 per cent there”, with only a few remaining issues left to be resolved, US Ambassador to India Sergio Gor said on Wednesday,...

Commercial LPG prices hiked again; Delhi rate up by Rs 42, Kolkata sees Rs 53.50 increase

New Delhi: Commercial LPG prices have been increased once again, adding to the cost burden faced by restaurants, hotels, caterers and small businesses across the country that rely heavily on...

El Nino likely to add to existing inflationary pressures, buffer stocks well-positioned: Eco Review

  New Delhi: If rainfall is deficient due to the development of El Nino in June, the transmission to food inflation, rural demand and aggregate growth could be swift, adding...

India, US ink pact on critical minerals to break China’s monopoly

New Delhi: India and the US on Tuesday signed a strategic agreement to deepen cooperation in critical minerals and rare earths which constitute key materials for making semiconductors, electric vehicles,...

NITI Aayog sets ball rolling for big push to services sector

New Delhi: The first meeting of NITI Aayog's high-powered ‘Education to Employment and Enterprise’ Standing Committee has decided to identify actionable recommendations to enhance employability, foster entrepreneurship, strengthen industry-relevant skilling,...

Read Previous

Salman Khan’s ‘Kick 2’ announced, Sajid Nadiadwala posts picture from photoshoot

Read Next

Middle East crisis: Indian investors lose over Rs 14 lakh crore in 2 days

WP2Social Auto Publish Powered By : XYZScripts.com