White Collar Employment in India Sees 6% Increase in October-November, Led by Non-IT Sectors
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New Delhi, Dec 3 (NationPress) White collar employment in India witnessed a 6% increase during the festive period (October and November), fueled by robust growth in significant non-IT sectors, as per a report released on Tuesday.
Sectors such as Oil and Gas (+16%), Pharma/Biotech (+7%), FMCG (+7%), and Real Estate (+10%), along with sustained momentum in burgeoning fields like AI/ML (+30%) and global capability centres (+11%), were highlighted in the Naukri JobSpeak Index.
While the IT sector has traditionally dominated fresher hiring, recent trends indicate a notable increase in fresher recruitment across non-IT domains.
“The combined trends of October and November indicate strong resilience. Furthermore, the uptick in non-IT fresher hiring is a positive development for nurturing younger talent,” stated Dr. Pawan Goyal, Chief Business Officer of Naukri.com.
Despite a contraction in the broader IT sector, the realm of artificial intelligence and machine learning displayed a contrasting trend.
This sector saw an impressive 20% year-over-year growth, particularly pronounced in cities like Kolkata and Delhi NCR, which recorded astonishing increases of 58% and 47%, respectively.
“GCCs are evolving beyond simple back-office functions. They are transforming into key strategic innovation hubs that drive business growth,” the report noted.
This shift is evident with a 62% year-over-year growth in GCCs focusing on strategy and management consulting, indicating their transition from operational support to strategic advisory roles.
Emerging cities such as Ahmedabad (+17%), Kolkata (+16%), and Hyderabad (+11%) are becoming pivotal in this transformation.
These locations, with their expanding talent pools, are attracting investments and promoting growth in sectors such as semiconductors/electronics (+17%) and accounting/finance (+25%).
Additionally, an impressive 18% growth in beauty and personal care, alongside 17% in fitness and wellness, indicates a surge that reflects more than just market dynamics, according to the report.
