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India Inc hiring to rise 30% this year

business Updated: Aug 04, 2010 22:26 IST
HT Correspondent
HT Correspondent
Hindustan Times
India Inc

India Inc is expected to raise its hiring activity by around 30 per cent during the current year with maximum positions offered in banking, IT and FMCG sectors, the staffing firm Kelly Services said in its latest report on Employment Outlook.

“Overall, across the main 7-8 key verticals studied by us, an average 30 per cent rise in hiring activity is likely this year as compared to the last year. Expansion plans of firms, revival in attrition rates and taking on board recruitment managers indicate a strong recruitment phase in the next six months,” said Kamal Karanth, managing director, Kelly Services.

The main factors propelling the upbeat hiring sentiment include strong domestic demand coupled with country’s fast economic growth as well as revival in the US economy.

The Employment Outlook and Salary Guide 2010-11 said that there would be an increased demand for talent at mid-senior levels particularly in banking, IT and FMCG, sectors.

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