Press Release

Naukri Job speak DEC-Bangalore-2014

January 8 2015

Naukri Job Speak Index depicts a 17% increase in hiring activity in December &rsquo14 over December &rsquo13

  • IT and BPO sectorsrecorda 12% and 9% yoy increase in the December &rsquo14 Job Speak Index
  • Demand for IT Software professionals grew by 18% yoy in December &rsquo14 as depicted by the Job Speak Index while for ITES professionals, it was 7% in the same period

Bangalore, 8th January 2015:
The Naukri Job Speak Index for Bangalorewas at 1684 inthe month of November2014, registering a 17% increase in comparison to December 2013. Key industries of IT and ITES witnessed a 12% and 9% yoy growth in the hiring activity for the same period.
V Suresh, Executive Vice President and Chief Sales Officer, Naukri.com said, &ldquoHiring in the Silicon Valley of India is moving north, thanks to the sustained hiring activity in sectors like IT AND ITES.Looks like the year 2015 will be a good year for jobseekers in the city of Bangalore as we expect the domestic demand to pick up in the next few quarters.

Industry Sector Analysis:
A detailed analysis revealed that the key sectors of the city IT and ITES saw an increase of 12% and 9% respectively in hiring over the year. The BFSI sector also recorded a very healthy 17% yoy growth as depicted by the Job Speak Index. However, two other relevant sectors for the city, Telecom and Construction & Engineering registered a year on year decline in hiring activity of 12% and 1% respectively in December 2014. 
Functional Area Analysis:
The job speak index brings good news for IT-Software and ITES professionals with the demand for such professional increasing year on year by 18% and 7% respectively. Hiring for Accounts & Finance professionals registered a high growth of 21% but the demand for Production & Maintenance professionals and Engineering Design professionals declined year on year by 7% and 3% respectively in December 2014. 
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 witnessed continuous 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 of 69% as per Comscore. 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 more than 1,60,000 jobs live at any point and over 38 million CV&rsquos, Naukri.com serviced over 48000 corporate clients in 2013-2014. The company employs over 3100 people operating through 56 offices in 42 cities in India and overseas offices in Dubai, Riyadh, Abu Dhabi and Bahrain.

For more details please contact

 

Srishtee Sharma
09582424366
srishtee.sharma@ketchumsampark.com