Press Release

Naukri Job speak DEC-Kolkata-2014

January 8 2015

Kolkata witnesses 10% yoyincrease in Naukri Job Speak Index in December &rsquo14

  • High growth in BFSI sector with a 17% year on year increase in hiring activity in December &rsquo14
  • IT sector registered a 12% yoy growth while the Insurance sector grew by a marginal 1% for the same period

Kolkata, 8th January 2015:
The Naukri Job Speak Index for Kolkata was at 1363 for the month of December &rsquo14, a 10% increase over December &rsquo13. Among the key sectors in the city, BFSI grew by 17% , Insurance grew by 1% but the Pharma sector registered a 4% decline in hiring activity in December &rsquo14 when compared with the same period last year.
V Suresh, Executive Vice President and Chief Sales Officer, Naukri.com said, &ldquoThe City of Joy, Kolkota witnessed a 10% increase in hiring activity led by positive sentiments in sectors like IT and BFSI.This trend is likely to continue and further gain momentum in the coming months.

Industry Sector Analysis:
Sectors like IT-Software, ITES and Banking saw a significant increase of 12%, 9% and 17% respectively in their hiring activities in December 14&rsquo over December 13&rsquo. However, we also saw a downward trend for some sectors such as Construction & Engineering and Pharma. They witnessed a marginal year on year decline of 1% and 4% respectively in December &rsquo14. Other sectors like Oil& Gas and Capital Goods recorded an increase of 27% and 6% respectively over the same period.
Functional Area Analysis:
The demand for HR and Finance professionals went up by 20% and 21% respectively in December &rsquo14 when compared to December &rsquo13. At the same time, demand for IT-Software professionals increased by 18% but a reverse trend was observed for the Project Management and Production & Maintenance professionals where hiring activity declined year on year by 8% and 7% respectively in December &rsquo14.
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 continuousgrowth 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