India is all set to get more jobs as economy revives

India's job market is getting ready for a rise amidst the hopes of the revival of an economy, with big companies like Korn Ferry, EMA Partners, Hunt Partners, Michael Page, TeamLease Services and Transearch already registering 18% improvements in available jobs over last year.

This could be cited to manufacturing, infrastructure and some other industries, even as the start-up and e-commerce sectors are going down the hill. Talking in broader sense, the job market has been seeing a growth for a while now.

"This is likely to grow this fiscal," TeamLease Cofounder Rituparna Chakraborty told ET. "Domestic consumption pattern is expected to go up in the next couple of quarters and hence all sectors which are aligned to this appetite are expected to hire more."

The fact that Indian government is interested in a big push in the infra sector, along with the success that it has so far seen in the ‘Make in India’ initiative, can be cited as two big reasons for this growth in the job market.

"Overall job market is all set for a consolidation followed by a surge as initiatives like Make in India have started bearing fruit," said K Sudarshan, managing partner, Asia, EMA Partners. "We are quite optimistic about job growth prospects."

"Over the last six months, the hiring at senior executive level has gone up by 20-25% across all sectors," said Transearch India managing partner Uday Chawla. "We can attribute this to positive sentiments." He added that the trend is set to intensify.

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