Summary:

According to the Naukri JobSpeak Index, white-collar hiring in India increased by 10% year-onyear in October, with industries such as oil and gas, pharmaceuticals, FMCG, and IT driving the growth. The score rose to 2,733 points from 2,484 last year, with AI/ML positions expanding by 39%. Furthermore, global capability centres (GCCs) experienced a 17% increase in hiring, with Kolkata and Ahmedabad emerging as new hubs.

The research also highlighted a significant rise in data-focused employment during the festive season, with roles such as data/big data testing engineers and full-stack data scientists seeing notable growth. After a slow start to 2024, hiring for freshers showed promise, with a 6% year-onyear rise in October. Southern states led in white-collar hiring, with Tamil Nadu experiencing 24% growth, followed by Telangana, Karnataka, Andhra Pradesh, and Kerala, indicating increased corporate confidence and prospects for graduates.

Source: IBEF 

Disclaimer: The information on this website comes from the India Brand Equity Foundation (IBEF), a reliable source for thorough insights into numerous areas of the Indian economy. While we aim to offer accurate and up-to-date information, the views, opinions, and analyses stated herein are solely those of the authors and contributors and do not necessarily represent IBEF's official stance or position. Readers should check information from credible sources and use their own discretion when relying on content provided on this site. We assume no responsibility or liability for the supplied content, including its accuracy, completeness, and usefulness.