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India’s manufacturing sector shows robust hiring outlook of 57% for Q3, shows TeamLease survey

The overall intent to hire, across manufacturing and services sectors combined, has increased from 61% in Q2 to 65% in Q3 and is projected to cross 70% in the next few quarters, according to the “Employment Outlook Report” for Q3, which surveyed 311 manufacturing companies across 14 cities in India

Source | economictimes.indiatimes.com | Rica Bhattacharyya, ET Bureau

Companies in the manufacturing sector in India projected a strong hiring outlook for the October-December quarter with 57% of the employers keen to increase their talent pool during the period, according to a survey by TeamLease Services.

The overall intent to hire, across manufacturing and services sectors combined, has increased from 61% in Q2 to 65% in Q3 and is projected to cross 70% in the next few quarters, according to the “Employment Outlook Report” for Q3, which surveyed 311 manufacturing companies across 14 cities in India.

Metro and Tier I cities have indicated a higher intent to hire at 91%, followed by tier – 2 cities (69%), tier – 3 (39%) and rural locations (21%). Mumbai (93%), followed by Bangalore (90%), Chennai (83%), Delhi (79%), Pune (67%), Hyderabad (61%), and Ahmedabad (61%) are the top cities for employment opportunities in the manufacturing segment.

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Source
economictimes.indiatimes.com
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