Most, or 68%, of employers in India are keen to increase their resource pool in the services and manufacturing sector in the period of January-March 2023, according to a report from staffing firm TeamLease Services.

The report also showed that at the same time, approximately 77%, of services sector employers in India are keen to recruit.

For candidates who are looking to secure job opportunities in the services segment, some of the key sectors leading the hiring spree are e-commerce (98%) telecommunications (94%), educational services (93%), financial services (88%), retail (85%) and logistics (81%).

According to TeamLease, the first three months of 2023 project a strong outlook, especially for fresh graduates and entry-level employees, with 79% of employers willing to hire from this group. Opportunities for mid-level and senior level are also performing balanced.

Large enterprises, followed by small and medium, are all indicating robust employment progression, TeamLease also found.

In metro and tier 1 cities, the hiring intent for the services sector is at 99%, the report added.

"The ongoing global turmoil with mass layoffs, hiring freeze, and impending recession has significantly affected the services sector globally, especially the IT industry," said Mayur Taday, Chief Business Officer, TeamLease Services.

Taday added that the sentiment in India continues to be on an upward trajectory. "The government's push towards increasing monetisation ability, introducing FDI (foreign direct investment) reforms, liberalising conventional satellite communication and remote sensing businesses to increase private sector participation has contributed to the employment growth," Taday said.

"With the 5G rollout, employers are already upskilling their current workforce for the upcoming 5G services. The upside of this activity has positively impacted educational, financial and knowledge outsourcing services," said Ajoy Thomas, VP and Business Head (retail, e-commerce, logistics and transportation), TeamLease Services.