Daily NewsView All News
Employers in India can expect higher rates of job growth by the end of the year as multinationals are likely to resume their expansion activities by then, according to senior vice president of Kelly Services, Pamela Berklich.
“India, China and Latin America are high-growth geographies and therefore no global corporate can afford to put their expansion and hiring activities in these geographies on the back burner. Jobs will be back across domains of IT, e-commerce, healthcare, pharma, retail and telecom,” she said.
She also said there was an acute skills shortage for tech workers in developed countries while social, cloud, mobile, big data and analytics are creating employment opportunities in India, she said. Ms Berklich said that the telecom industry in India, which has been hit by a slowdown in the past, is projected to generate more jobs by the end of 2013.
“Even without any of these arguments, look at the way your country is growing, in the 5% to 6% range. How many other geographies are expanding at this rate! Most advanced economies are growing at very low single digit rates. The rest of the world is closely reading these big fat growth stories of India, China and Latin America, and they truly want to have a share in it,” she said.