Reportedly, the Real Estate Sector, Oil & Gas along with the BFSI (Banking, Financial Services and Insurance) witnessed a good 21% upswing in recruitment rate as compared to April 2022. This growth curve was the direct result of an increase in new residential and commercial property launches which happened across metropolitan areas. This triggered hiring across a multitude of verticals and roles such as Tender Manager, Construction Engineer and Civil Engineer.
Across the metro cities, large metros like Kolkata, Pune, and Hyderabad witnessed a rise in recruitment sentiment by 28 %, 22 % and 19 % respectively. Talking about the oil and gas sector, it witnessed a 20% growth, the insurance sector witnessed a 13% growth, and the banking sector registered an 11% rise in the hiring growth curve. The recruitment and pharma industries witnessed a 4 and 3 percent increase respectively.
see also – Is Consolidation the Future of the Indian Real Estate Market?
When asked Mr. Pawan Goyal, Chief Business Officer, Naurki.com said “The growth in April hiring activity was dominated by a few key sectors such as Real Estate, BFSI, and Oil & Gas. While IT-focused metros exhibited a cautious hiring sentiment, emerging cities such as Ahmedabad and Vadodara continue to shine”.
Regarding non-metro cities, Ahmedabad, Jaipur and Vadodara witnessed a 28 , 9 and 14 percentages respectively increase in new job opportunities respectively. The highlight was that the demand for senior professionals with 16+ years of work experience also rose by 30% compared to April 2022. On the other hand, the demand for 13-16 years of experience increased by 20%
