Hiring to pick up in Q3 due to economic recovery: Naukri.Com

Image
Press Trust of India Chandigarh
Last Updated : Jan 20 2013 | 11:39 PM IST

Hiring activity particularly in the manufacturing and infrastructure sectors is expected to pick up in the third quarter of this fiscal on the back of the country's economy showing signs of recovery, a top official of online recruitment portal Naukri.Com said.     

"We expect the hiring exercise to pick up a bit, particularly in key sectors like manufacturing and infrastructure in the third quarter of 2009-10," Info Edge (that runs Naukri.Com portal) Managing Director Sanjeev Bikhchandani told reporters here today. 

Bikhchandani said as per our job index, the overall hiring activity has increased by 8 to 10 per cent in the last three months, although it is not on the higher side. "It indicates that the economy is getting into the recovery mode which will boost recruitment market," he said.     

He further said six other industry sectors such as information technology, real estate, retail advertising, media and exports would continue to exhibit less job creation in these segments.     

"I do not think there will be much job creation in these sectors this year," he asserted.     

Info Edge has a network of 60 offices located in 40 cities throughout India. To cater for the Gulf market it has two offices in Dubai and one in Bahrain and Riyadh each.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 04 2009 | 4:29 PM IST

Next Story