January 8 2015
Cheer spreads in Chennai with Naukri Job Speak Index at 1287, registering 29% year on year growth in December &rsquo14
- BFSI sector sees a year on year increase of 17% in the hiring activity in December &rsquo14 over December &rsquo13
- Hiring of IT and BPO professionals also increased by 12% and 9% respectively in December&rsquo14 over December&rsquo13
Chennai, 8th January 2015:
The Naukri Job Speak index for Chennai in December-14 was at 1287 as compared to 995 in December 13, registering a 29% increase in the hiring activity. Among the key sectors in the city, IT-Software grew by 12% and BFSI grew by 17% year on year in the same period.
V Suresh, Executive Vice President and Chief Sales Officer, Naukri.com said, &ldquoChennai recorded a healthy growth of 29% in the hiring activity. Sectors like IT, ITES and BFSI are leading the race in job creation and we expect this to get better in the coming months.
Industry Sector Analysis:
The major sectors contributing to growth are IT-Software, ITES and BFSI with 12%, 9% and 17% year on year growth respectively in December &rsquo14. The capital gods and insurance sector also recorded a growth of 6% and 1% respectively as represented by the Job Speak Index in December &rsquo14. However, sectors such as Telecom and Auto recorded a decline of 12% and 3% respectively for the same period.
Functional Area Analysis:
The demand for IT-Software and Accounts & Finance professionals increased year on year by 18% and 21% respectively in December &rsquo14. The hiring activity for BPO professionals grew by 7% in the same period. However, hiring of Project Management and Production & Maintenance professionals saw a dip of 8% and 7% respectively in December &rsquo14. On the other hand, demand for HR and Sales professionals increased by 20% and 6% respectively.
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
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