Summary:

India's job market is expected to expand by 9% by 2025, with IT, retail, telecommunications, BFSI, and other industries leading the way. Hiring in November 2024 increased by 10% compared to the previous year and 3% from the previous month. Edge computing, quantum applications, and cybersecurity are projected to influence industries such as manufacturing, healthcare, and information technology, while AI-driven workforce analytics will alter talent requirements in ecommerce and digital services.

Hiring in the IT sector is predicted to increase by 15% due to global capability centres (GCCs) and multicloud adoption. Retail hiring is expected to rise by 12%, reflecting growth in both traditional and technical professions. AI, 5G, and IoT will drive 11% growth in the telecom sector. Bengaluru and Coimbatore are expected to lead job growth, with gains of 10% and 9%, respectively. Additionally, hiring in HR and finance is projected to increase by 8% and 7%, respectively.

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.