The majority (88%) of employers across India intend to hire additional staff in the second half of 2014/15, following an improved economic outlook, according to a survey from recruitment firm TeamLease Services.

Global economic trends and domestic demand have propped up business and employment sentiment, according to the TeamLease Employment Outlook Survey for October 2014 to March 2015.

The report comes a day after data from India’s labour bureau showed that employment in key manufacturing and export-oriented industries had risen to a 15-month high in the June-quarter. Companies in India added 182,000 jobs in the three months to June, compared with the preceding three months, according to the data.

The TeamLease Services’ report found that the business outlook looks robust for the financial services, infrastructure, information technology, and telecommunication sectors.

The report stated: “From a sector perspective, with almost all the sectors indicating a positive swing in the business sentiment, the business atmosphere in the upcoming half-year is expected to be exuberant across industries. Further, except for infrastructure, all the other sectors have expressed a healthy growth in their hiring intentions.”

“While IT, healthcare and pharmaceuticals, and retail seems to be the primary drivers, telecom, consumer durables, and financial services also contribute to the upward movement in the hiring sentiment,” the report added. 

While India’s largest metropolitan cities; such as Delhi, Kolkata, Chennai and Hyderabad seem to be “topping the hiring sentiment charts”, the employment outlook has also brightened in second-tier cities. 

Kunal Sen, Senior Vice President, TeamLease Services, commented: “There is an overall buoyant mood owing to the right noises the government is making as well as the festive season. We are seeing increased hiring mandates. After year-long fluctuations, the overall business and hiring sentiment seems to have stabilised and is seen moving towards growth. We are confident the trend will translate into action on ground.”