According to surveys by some major recruitment agencies here is the tally as far as job creation goes among Indian cities.
New Delhi and the NCR region is the largest job market right now, and created more than 1,13,000 jobs this year. The Common Wealth Games are seen as the biggest reason for this spurt in jobs. Ma Foi says that from October to December 2010 more than 44000 jobs have been created.
Mumbai comes a close second with about 1,00,000 jobs. Chennai had a dull start to the year but in the fourth quarter things are expected to look up, with 30000 jobs. Kolkata, Bangalore and Hyderabad together created about 25000 jobs in this quarter and the job scene is significantly looking up in all these cities. Ahmedabad and Pune also shows a spurt in growth with more than 10000 jobs.
Though Naukri says that there was a lull due to the festive season of Diwali, when companies shelve their hiring plans, things are again in action now and companies are hiring at all levels and the three month average has been quite stable.
The best cities for freshers seem to be Delhi, Ahmedabad and Bangalore while for senior profiles the best cities are Chennai, Kolkata and Mumbai.
Hiring is most likely to jump by 20% in 2011 feels HR departments in many companies, especially consumer durables, real estate and telecom. Simultaneously pay packets are on the rise too. The buzz is that the expected rise is about 20% this year. Deloitte and Korn Ferry both feel that there will be recruitment hike in all sectors in India in 2011, with stress on pharma, healthcare, retail, infrastructure, life sciences, as well as manufacturing.
Source: Financial Express/ Hindustan Times
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