May 8 2013
- Delhi and Kolkata showed the highest growth of 15% and 11% respectively in Apr-13 compared to Mar-13
- After 3 consecutive months of fall in the insurance sector, the job index is showing highest growth with 27% as compared to March, 13
- Banking and Financial services & Telecom sector has seen a growth of 10% and 15% in April, 13 as compared to March, 13
The Naukri JobSpeak Index brings good news for India Inc in April-13 as despite uncertain economic conditions and low GDP growth, the overall hiring activity has moved at a stable rate. The first month of the financial quarter starts on a positive note with the hiring activity index at 1368, 5% higher in Apr ‘13 compared to Mar-13. Moreover, the index has grown by 15% Y-o-Y when compared to Apr-12.
The index has grown across sectors in Apr-13. Interestingly the Insurance sector has witnessed highest growth after a fall for 3 consecutive months the sector has grown by 27% in April, 13 when compared with Mar, 13. On the other hand the pharma sector has seen a dip of 5% in the job index for Apr,13 when compared to Mar,13 however it is still above Feb,13 levels.
Hitesh Oberoi, CEO and MD, Info Edge India said, “The first month of this Financial Year has started on a good note. Hiring seems to be picking up across sectors but it is too early to say whether this trend will sustain”.
Industry Sector Analysis:
If we take a closer look at industries, the job index for sectors showing highest growth are Banking and Financial Services, Telecom and Insurance with 10%, 15% and 27% respectively in Apr-13 compared to the previous month. The Software Services, ITES, Oil & Gas and Media have grown in the range of 6-7% as compared to Mar-13. On the other hand Pharma and capital goods have seen lower hiring numbers with the index going down by 6% and 5% respectively in Apr-13 over Mar-13. Real Estate is also showing increase in numbers with 12% over the last month.
Functional Area Analysis:
The hiring activity for professionals in functional areas like Sales along with Marketing & Advertising showed the highest growth with 9% and 10% in jobs for April-13 compared to previous month. Demand for professional in other key sectors like ITES, Accounts, HR and Project Management showed growth in hiring numbers in the range of 6% to 7%. For Banking & Insurance the hiring index shows a dip of 3% in Apr-13 when compared to Mar-13.
City Wise Analysis:
Among the metros, barring Pune which saw a dip of 5% in hiring activityin Apr,13 compared to Mar,13, all the othermajor cities saw positive employment trends. Hiring activity for Delhi and Kolkata showed the highest growth of 15% and 11% respectively in Apr-13 compared to Mar-13. Mumbai, Chennai, Bangalore and Hyderabad moved up within the range of 1% and 6% in Apr-13 when compared to the last month.
About Naukri.com
Naukri.com, India’s No. 1 job site and the flagship brand of Info Edge introduced the concept of e-recruitment in India. Since its inception in 1997, Naukri.com has seen continued growth while outperforming its competitors in every sphere. Info Edge was the first internet Company to be listed in India. The site enjoys a traffic share consistently over 60% as per the Comscore data. Naukri.com is a recruitment platform that provides hiring-related services to corporates/ recruiters, placement agencies and to job seekers in India and overseas. It offers multiple products like Resume Database Access, listings and Response Management Tools. With 230000 jobs live at any point 32 million CV’s, Naukri.com serviced over 46500 corporate clients in 2011-2012. The company has over 2400 people operating through 53 offices in 34 cities in India and overseas offices in Dubai, Riyadh, Abu Dhabi and Bahrain.
For Further Infornation Please Contact:
Manash Pratim Deka
Tel: 9953970829
Email: manash.pratimdeka@ketchumsampark.com
Gunjan Arora
Tel: 8373974590
Email: gunjan.arora@ketchumsampark.com
Ketchum Sampark
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