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India – Hiring momentum to remain robust and broad based in next two quarters (Financial Express)

09 June 2022

Hiring momentum will continue to remain robust in India, with more sectors apart from information technology looking to hire in the coming quarters of the year, reports Financial Express citing data from Quess Corp. Apart from IT companies, which have been on a strong hiring spree in the last two years, banking, financial services and insurance (BFSI), retail, supply chain and logistics, and manufacturing are seeing signs of positive growth. Quess Corp said the hiring trend is getting more broad-based with not just technology roles, but also non-tech jobs seeing an uptick beginning financial year 2022-2023. Guruprasad Srinivasan, executive director and Group CEO, Quess Corp, told the Financial Express that the company is seeing a good 20-30% jump in its hiring mandates in the current quarter over last year, and the momentum is sustainable for at least the next two quarters.

According to Srinivasan, while there is no sluggishness being foreseen till September, which is the peak hiring season with the onset of festive period in India, it is a wait and watch situation with some fresh Covid-19 cases getting reported in the country. “We are not seeing any signs of hiring slowing down right now, but we would be cautious for November and December, depending on how the trajectory of fresh cases getting reported in some states pans out,” he said.