Press Release
June 8 2015
Hiring Sentiments in Hyderabad dipped by 5% in May&rsquo15 over May&rsquo 14: Naukri Jobspeak
- BFSI remained at the top with maximum growth of 53% in May 2015 over May 2014
- The demand for professionals increased in the sectors like Banking / Insurance, Pharma and IT-Software whereas IT-Hardware / Telecom and ITES recorded depreciation in May&rsquo15 index
 
Hyderabad, June 8, 2015:
A year on year analysis for Hyderabad revealed that hiring went down from 1694 in 2014 to 1776 in 2015, indicating 5% dip in the May&rsquo15 index. Core sectors like Oil and Gas, Auto, Insurance and Real estate witnessed depreciation by 8%, 8% and 9% respectively in May 2015 over May 2014.
Industry Sector Analysis:
Banking emerged as an extremely strong sector registering a growth of 53% in May&rsquo15 over May&rsquo14. Telecom and IT-Software also saw hiring going upwards by 2% each in the same period.  Among the leading sectors in the city, Construction & Engineering saw a dip of 12% over the year.
Functional Area Analysis:
Hiring of IT- Software professionals saw an increase in their Job index value as mentioned above, whereas IT-Hardware registered a dip of 9% in May&rsquo15 index. There was also an increase in hiring of Pharma professionals by 7% in the same period.
About Naukri.com
Naukri.com, India&rsquos 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&rsquos, 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.