Cheers! India Inc is hiring now, not firing.

18th January 2010
Cheers! India Inc is hiring now, not firing.

Surveys show, IT and BT will account for most new jobs in 2010.

Pune is suprise leader in hiring spree.

Get your resumes out, guys, India-based technology companies are back in hiring mode. Two leading job analysts agreed this week, that businesses in most key metros have started recruiting again – with Infotech and biotechnology slated to scoop up 80 percent of the new recruits in 2010.
A first quarter, 2010 survey by Human Resources specialist TeamLease finds that 72 per cent of recruiters in India predict creation of new jobs in 2010, with 62 per cent predicting salary increments to take place during the year as well. Only 45 per cent respondents had predicted new job creations in the previous survey conducted in July, 2009. “There would be a leap of faith during this current quarter and trends will not just hold out, they will be bolder and result in higher employment gains” feels TeamLease Services Vice-President, Rajesh AR.
While most cities have shown a considerable improvement, Pune shows the highest rise for the January to March period in 2010 by 50 points, when it comes to employment outlook and stands at 70 points, finds TeamLease. The major contributor is IT and IT enabled services. Mumbai, Delhi, Hyderabad and Ahmedabad buck the trend with no rise in the employment index – indeed showed the steepest fall for the three month period. Press Trust of India reports featured, Monday, in the Economic Times can be found at the end of this report. Naukri Survey A ‘Hiring Outlook’ survey conducted by, a leading Indian job portal, among over 800 recruiters, is also optimistic about the outlook in 2010.
“Hiring expectations and business sentiment of recruiters across industry sectors have improved considerably and job seekers can look forward to a favourable hiring environment all through the year,” Sumeet Singh, National Head-Marketing and Communications , at Info Edge( parent of is quoted as saying. Over 70 per cent recruiters in IT, ITeS, auto, telecom, banking and pharma predict that hiring would be robust in 2010, while 82 per cent recruiters said that professionals with one to eight years experience would be in demand, find
Like TeamLease, Naukri finds that hiring optimism was strongest in the IT and BPO sectors, where 80 per cent recruiters indicated new jobs would be created.
A front page lead in DNA daily, Bangalore titled “IT’s raining jobs in Bangalore”, quotes Infosys CEO T.V. Mohandas Pai’s estimate that the IT industry based in India will hire 3,50,000 this year…. His own company plans on adding 15,000 in 2010, through campus offers.
Links to stories in Deccan Herald, Silicon India and DNA can be found below:

India Inc still cautious on hiring; bullish for business: TeamLease  
Pune most promising for hiring prospects  
72% of employers see new jobs this year, a survey reveals
Indian job market projected to be vibrant in 2010  
72 percent companies may create new jobs in 2010  
IT's raining jobs in Bangalore 

Jan 18 2010