Corporate India's hiring sentiment has got a boost from renewed confidence in the government along with favourable economic growth forecast and fresher hiring is likely to see a 10 per cent rise in the remaining six months of this fiscal, a report says.
WalmartLabs has cut back on third-party outsourcing to India and is looking to strengthen its inhouse technology team, with plans to add hundreds of jobs at its Bengaluru centre over the next few years
September saw an 18% spurt in overall hiring in the country, compared to that a year ago, according to the Naukri Job Speak Index. Telecom emerged as the top sector, recording a 30% jump in hiring over the year-ago figure.
Logistics Sector Needs 11.7 Million additional Workforce by 2022: Report
The rapidly growing logistics sector requires 11.7 million additional workforce by 2022, says a report from National Skill Development Corporation (NSDC). The logistics, transportation, warehousing and packaging sector, which currently employs over 16.74 million employees, is slated to employ more than 28.4 million employees by 2022, says the report.
The banking and finance sector holds a beacon of hope for rural youth as employment from the interiors now forms a bulk of the total hiring for some banks. For most private banks which started expanding their network in rural areas a few years ago, hiring from tier-3 to tier-6 regions now forms 50-80% of the total recruitment
Around 119 million additional skilled work force will be required by 24 sectors such as construction, retail, transportation logistics, automobile, and handloom by 2022, says a government report. Accord ing to the skills gap report commissioned by National Skill Development Corporation, most of the sectors except agriculture will require more skilled workforce in the next seven years.