• 3,000 firms
  • Independent
  • Trusted
Save up to 70% on staff

News » India’s job market rose by 41% in January

India’s job market rose by 41% in January

India’s job market rose by 41% in January

The hiring activity in India saw a 41% increase in January 2022 compared to the same period last year, according to the latest Naukri JobSpeak Index.

Employment website Naukri noted strong growth in major sectors such IT-Software whose workforce increased by 80%, Banking/Financial Services by 31%, Telecom up by 48%  and Pharma by 29%. 

Other industries like Hospitality expanded its staff by 18%, Retail by 52%, Education by 31%, and Real Estate registered 20% more employees last month.

Naukri also stated that the job market upswing in IT-Software and BFSI (banking, financial services, and insurance) sectors have enabled metro cities to outperform their tier-II counterparts in the annual growth charts.

Meanwhile, the cities of Bengaluru which booked a 79% increase in hires, Hyderabad which registered 66% more workers, and Pune with 63% growth in its workforce, recorded the highest employment growth rates last month.

Naukri.com Chief Business Officer Pawan Goyal said that “2022 has started on a resilient note with hiring sentiment improving across all sectors, despite the third wave [of COVID-19].”

He added that “industries across India are gearing up for growth and getting past the previous year.”

Read more here.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.

“Excellent service for outsourcing advice and expertise for my business.”

Learn more
Banner Image
Get 3 Free Quotes Verified Outsourcing Suppliers
3,000 firms.Just 2 minutes to complete.
SAVE UP TO
70% ON STAFF COSTS
Learn more

Connect with over 3,000 outsourcing services providers.

Banner Image

Transform your business with skilled offshore talent.

  • 3,000 firms
  • Simple
  • Transparent
Banner Image