India's White-Collar Job Sector Concludes Fiscal Year on a High Note Driven by Non-IT and AI Roles
Synopsis
Key Takeaways
New Delhi, April 6 (NationPress) The financial year concluded robustly for India’s white-collar job sector, highlighted by a remarkable 16% year-on-year growth in fresher hiring. This expansion was evident in both metropolitan and non-metropolitan regions, according to a recent report.
According to Naukri's findings, non-IT industries played a pivotal role in this job market growth, with the hospitality sector leading at an impressive 21% year-on-year increase. Following closely were BPO or ITES at 18%, oil & gas and education sectors each at 15%, and real estate at 14%.
The JobSpeak Index reached 2,858 in March, marking a 9% year-on-year increase.
“This strong performance solidified an annual growth rate exceeding 8% for FY26, a significant rise from the mere 2% growth observed in FY25,” the report highlighted.
Moreover, hiring for fresh graduates in the salary range above Rs 20 lakh per annum witnessed an impressive 23% growth year-on-year.
While IT hiring remained stagnant, roles in AI and ML experienced a substantial surge, growing by over 37% in March and more than 45% throughout the entire fiscal year.
There was a notable demand for talent in the above-Rs 20 LPA salary bracket, which increased by over 16%. Unicorn companies also contributed positively, showing a remarkable 24% year-on-year growth.
AI/ML hiring surged over 37% year-on-year in March, although the demand was primarily skewed towards higher salary earners.
The steepest growth was observed at the top salary tiers, with employees earning over Rs 50 LPA experiencing over 55% growth, while those earning between Rs 40-49 LPA saw over 40% growth, and those in the Rs 30-39 LPA bracket experienced growth exceeding 41%.
Regionally, Kolkata led the charge in AI/ML hiring with more than 56% year-on-year growth, followed by Delhi NCR at over 44%, both surpassing established tech hubs like Bengaluru and Hyderabad.
Service-oriented non-IT sectors, including hospitality, education, and BPO/ITES, demonstrated remarkable resilience throughout FY26.
aar/pk