Press Release

Naukri Job speak Hyderabad - January 2015

February 1 2015

Hiring in Hyderabad up by 4% Y-0-Y- said Naukri Job Speak Index for January&rsquo15

  • Hiring in IT sector increased by 1% in January&rsquo15 over January&rsquo14
  • Hiring of ITES and BPO professionals saw a dip of 7% in  January&rsquo15 over January&rsquo14

Hyderabad, January 2015:
A year on year analysis for Hyderabad revealed that hiring picked up by 4% in January&rsquo15 over January&rsquo14. The Naukri Job Speak index for the city was at 1639 in January&rsquo14. Among the key sectors, IT and Pharma registered a growth of 1% and 5% year on year growth respectively. 

V. Suresh, Executive Vice President and Chief Sales Officer, Naukri.com said &ldquoThe Job Market in the twin-cities of Hyderabad and Secunderabad seems to show positive growth thanks to sustained hiring activities in sectors like IT and Pharma. Steady revival of the economic sentiments across the globe is likely to have a positive impact on the hiring numbers across sectors in the next few quarters.

Industry Sector Analysis:
An in-depth analysis revealed that the IT sector saw a marginal increase of 1% in hiring over the year while overall BFSI emerged as a strong sector registering a growth of 45% in January&rsquo15 over January&rsquo14. Telecom and Pharma also saw hiring going upwards by 29% and 5% respectively in the month of January 15&rsquo in comparison to January 14&rsquo.
Among other important sectors, Construction & Engineering saw a significant dip of 14% in the same period.

Functional Area Analysis:
The demand for hiring IT professionals saw an increase of 9% in the month of January 15&rsquo over January 14&rsquo. Sectors like Accounts and Finance and HR also continued to hire at a decent pace and showed a 6% and 15% rise respectively over the year. However, hiring of Production and Maintenance professionals saw a southward trend with the index moving down by 19% in January 15&rsquo in comparison to January 14&rsquo.

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 continuously outperformed 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, 25,000 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.