India’s leading indicator of white-collar hiring activity, Job Jobspek Index demonstrated a strong growth in October, reached 2,733 points as compared to 2,484 in the same month of 2023, a significant 10% year-over year growth Markated.
Major areas including oil and gas (18%), pharma/biotech (12%), FMCG (8%), and IT (6%) emerged as primary drivers of this positive trend, extraordinary development with AI/ml roles Showing 39% year-on-year, the report states.
Renting in the IT sector showed positive increase in four out of seven months in this financial year, increasing well for the balance of year trends, stated in the report.
Naukri Jobspeak is a monthly index that represents the status of the Indian job market and recruits the activity of the recruitment of new job listing and job -related discoveries by the recruiters on the database of Naukri.com.
The report further revealed that overall, the global capacity center (GCC) demonstrated a steady increase in October with a continuous increase with 17% year-to-year.
The GCC showed significant traction in emerging hubs such as Kolkata (68.46%) and Ahmedabad (47.68%), indicating increasing preference among international companies to expand beyond traditional technical centers for the operation of India.
The festive period saw a significant growth in data-centered posts-Detta/Big Data Testing Engineer (64%), full stack data scientist (46%), data platform engineer (26%) and data scientist (23%). Said.
The report also found that after a dull performance in 2024, hiring for freshers showed encouraging signs with an increase in October 6% year-on-year.
When it came to this places, the southern states demonstrated an extraordinary increase in white-collar hiring, showing strong benefits year-on-year in many cities, stating in the report.
Tamil Nadu emerged as the strongest artist with 24%year-on-year development, followed by Telangana (16%), Karnataka (12%), Andhra Pradesh (9%) and Kerala (7%), this.
Pawan Goyal, Chief Business Officer of the job, said, “Fresher hiring is a strong indicator of business confidence and offers exciting opportunities for upcoming graduates.”
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