- Mon, Jul 18, 2022 6:55 PM
Hiring activity in India improved by 38 percent year-on-year, with a hiring index of 2,863 at the start of the new financial year. #Travel and Hospitality (169 percent) and Retail (112 percent) experienced triple-digit year-on-year growth rates during the pandemic. Real estate, Insurance, and Banking experienced over 80 percent growth rates, while Pharma and IT-software witnessed growth rates of 27 percent and 21 percent, respectively.
Demand for professionals across all experience levels remained stable in April 2022, with freshers (0-3 years) experiencing the greatest growth (52 percent year-on-year). Hiring activity increased during the month for those experienced with 4-7 years at 37 percent, 8-12 years at 24 percent, 13-16 years at 37 percent, and over 16 years at 33 percent.