India Tops Global Hiring Forecast for Q1 2025: New Insights
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New Delhi, Dec 10 (NationPress) Employers in India are optimistic about the employment landscape in Q1 2025, as highlighted in a report published on Tuesday.
The analysis from ManpowerGroup indicates that 53 percent of employers intend to increase their workforce, while 13 percent expect to reduce their staffing levels in Q1 2025. Additionally, 31 percent foresee no changes.
“India continues to be one of the fastest-growing major economies globally, and its status as the worldwide leader in employment forecasts for Q1 2025 underscores the confidence of employers in the nation's economic trajectory,” stated Sandeep Gulati, Managing Director of ManpowerGroup India and Middle East.
In comparison to Q4 2024, sectors such as IT (+50 percent), consumer goods and services (+40 percent), energy and utilities (+38 percent), health care and life sciences (+38 percent), transport and logistics, automotive (+36 percent), and communication services (+30 percent) have demonstrated growth.
The most optimistic outlook is seen in West India (+43 percent), which has risen by 4 percent from the previous quarter, followed closely by East India (+41 percent), which experienced a significant increase of 11 percent during the same timeframe.
This data is derived from the company’s Employment Outlook Survey, which gathered insights from over 3,000 employers throughout various regions of India.
“Notable investments in artificial intelligence (AI), coupled with public funding, have greatly benefited the employment market in the IT sector, giving it a leading outlook of 50 percent. With substantial contributions from finance and real estate, along with growth across all regions year-on-year, India’s job market continues to be resilient and adaptable despite a fluctuating global environment. Major organizations are propelling this growth, indicating lasting opportunities for talent nationwide,” Gulati added.
Moreover, the report indicates that investments from MNCs aiming to cut operational costs are proving beneficial for India, leading to a more favorable outlook for 2025.
“Economic growth is expected to accelerate with rising consumer spending as inflation likely decreases, and agricultural productivity is projected to improve following favorable monsoon conditions. In this mixed scenario, India’s employment expectations are anticipated to see slight growth,” Gulati concluded.
