“The staffing industry needs to be nurtured and developed as the cornerstone of India's economic growth. This requires concerted efforts from both the government and private sector entities."

Kartik Narayan

Kartik Narayan

“While some job categories shrink, new ones bloom. AI development, data science, cybersecurity, and robotics engineering are witnessing robust growth, creating exciting opportunities for tech-savvy individuals."

Balasubramanian A

"The Indian hospitality and tourism industry has witnessed robust growth in 2023, predominantly due to heightened domestic travel.”

Balasubramanian A

"It's encouraging to see substantial growth in incremental workforce expansion across these sectors, showcasing promising opportunities for employment stakeholders.”

Subburathinam P

"The upcoming job landscape in consumer-centric sectors such as healthcare and pharmaceuticals, Electric Vehicles (EV), and Infrastructure and Fast-Moving Consumer Durables (FMCD) reflects commendable growth."

Balasubramanian A

"Despite a slower pace in Q3, the upward trend in employment isn't merely about increasing head counts; it's a strategic move to leverage economic growth and take advantage of conducive policies.”

Kartik Narayan

"A combination of India’s GDP growth, business growth across segments as well as shortage of skills are the three major factors contributing to the positive hiring sentiment for Q4."

Kartik Narayan

“The primary challenge of in India’s job market is not unemployment, but scarcity of skilled workforce.”

Kartik Narayan

“Private Banks face an elevated risk of attrition, especially with the entry of new players like Jio Financial Services, aggressively expanding their workforce to meet strategic goals."

Krishnendu Chatterjee

"The demand for salespeople (selling personal, home, agriculture, and other loans) is huge."

Kartik Narayan

“These partners are now directly working with banks and catering to the requirements. So, the need for main banks to hire is going down, and going to a third party also helps them in many ways.”

Krishnendu Chatterjee