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India – Hiring activity up 38% in April with growth led by Travel and Hospitality sector

06 May 2022

Hiring activity in India increased by 38% in April 2022 when compared to April 2021, according to the latest Naukri JobSpeak Index.

The JobSpeak Index calculates and records hiring activity based on job listings on the Naukri.com website month-on-month and year-on-year.

The index stood at 2,863 in April 2022. According to the report, hiring intent across various sectors witnessed triple-digit growth year-on-year in April 2022 with Travel & Hospitality leading with 169% annual growth followed by Retail at 112%.

“Various sectors in India showed a robust recovery curve with respect to recruitment activities, owing to renewed optimism in the business environment,” Naukri stated.

The education sector (+108%) also grew at a significant rate indicating strong demand for talent. Other sectors such as Real Estate (+89%), Insurance (+83%), and BFSI (+77%) registered increases in hiring activity in April 2022 when compared to April 2021.

Pawan Goyal, Chief Business Officer, Naukri.com said, “The new financial year has witnessed a strong sentimental uplift when it comes to hiring activity across all parts of the country. These are good signs indicating that the nation is on the path to economic recovery and we are hopeful that in the coming months hiring activity will continue its strong momentum.”

Among metro cities, Mumbai led growth with 63%, followed by Delhi-NCR with 47%, Kolkata 38%, Pune 38%, Chennai 34%, Hyderabad 32%, and Bengaluru 27%.

Among non-metro cities, Coimbatore led growth with a 63% increase inn April 2022 compared to April 2021. Other cities such as Jaipur (+50%), Vadodara (+32%), Kochi (+24%), and Ahmedabad (+22%) also reported positive year-on-year hiring momentum.

Demand for professionals across all experience bands remained steady in April 2022. Freshers (0-3 years) reported the highest annual growth at 52%. Hiring activity was up across the 4-7 years (+37%), 8-12 years (+24%), 13-16 years (+37%), and over 16 years (+33%) experience bands.