India Inc to witness 20-30 pc pick up in hirings in FY 10

Riding high on a six to seven per cent expected economic growth and signs of global economy gradually bouncing back, India Inc is likely to hire 20-30 per cent more talent in FY 10, a top industry official said.

Riding high on a six to seven per cent expected economic growth and signs of global economy gradually bouncing back, India Inc is likely to hire 20-30 per cent more talent in FY 10, a top industry official said.

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"In 2010 (January-December), I envisage atleast 20-30 per cent increase in recruitments by companies," recruitment consultancy firm, Fun & Joy At Work's Chief Executive Officer RL Bhatia, told PTI in Mumbai.

This would be over and above the 30 per cent dip in hiring that was witnessed last year, Bhatia said.

Fun & Joy At Work is a nine-year-old recruitment firm with offices across Mumbai and Singapore. The company claims providing talent consultancy to a host of Indian companies across sectors.

BPOs, bio-technology, media, telecom and finance are some of the sectors likely to witnessing higher hirings, Bhatia said.

The Indian economy would clock around six to seven per cent growth and substantial investments into India is in the offing, Bhatia said, adding, "this will trigger an increased hiring."