Hiring activity in India grew by 41% in January 2022 when compared to January 2021, according to the latest Naukri JobSpeak Index.

Naukri noted hiring activity saw strong growth signs in major sectors like IT-Software (+80%), Banking/Financial Services (+31%), Telecom (+48%), Pharma (+29%). Other sectors such as Hospitality (+18%), Retail (+52%), Education (+31%) and Real Estate (+20%) also observed a rise in hiring trend in January 2022 vs January 2021. 

The upswing in hiring in IT-Software and BFSI (banking, financial services and insurance) sectors have enabled metro cities to outperform their tier-II counterparts in the annual growth charts.

Bengaluru (+79%), Hyderabad (+66%), and Pune (+63%) recorded the highest growth in January 2022. Other metro cities like Mumbai (+58%), Chennai (+54%), Kolkata (41%), and Delhi/NCR (+35%) also witnessed a spike in hiring trajectory.

Among the non-metros, Ahmedabad (+50%) recorded the highest growth in Jan 2022 followed by Coimbatore (+43%), Kochi (+27%), and Vadodara (+12%).

Hiring across all experience bands was positive in January 2022 when compared with January 2021 with demand for senior professionals belonging to the 8-12 yrs (+48%) experience bracket receiving maximum growth

Demand was also high for professionals in the 0-3 years (+37%), 4-7 years (+42%), 8-12 years (+48%), 13-16 years (+46%) and above 16 years (+31%) groups.

“2022 has started on a resilient note with hiring sentiment improving across all sectors, despite the third wave,” Pawan Goyal, Chief Business Officer, Naukri.com. “While we saw spurts of growth during the year 2021, the first month of this year has kicked off with a bang as industries across India are gearing up for growth and getting past the previous year.”

The Naukri JobSpeak is a monthly Index that calculates and records hiring activity based on the job listings on Naukri.com website.