Delhi-NCR tops job creation among 8 cities in Q4 of FY 16: ASSOCHAM study

Delhi-NCR (National Capital Region) has emerged as the leader in creating the maximum number of jobs during the fourth quarter of the last fiscal, generating over 2.6 laks new jobs while a total of 8.5 lakh jobs were created in eight major cities, an ASSOCHAM study has found.

Cornering over one-fourth share of the total number of new jobs generated across India, Delhi-NCR emerged on top with over 2.6 lakh new jobs created during January to March 2016 followed by Bangalore (1.9 lakh), Mumbai (1.5 Lakh), Chennai (82.2 thousand) and Hyderabad ( 60 thousand). About 88.9 percent of job openings have been recorded in these top five cities, ASSOCHAM placement study.

Among top metro cities, Delhi-NCR had maximum share of over 30.1 per cent in job creation while Bangalore witnessed a 23.4 per cent contribution in job creation followed by Mumbai with 18.6 per cent," said Mr. D S Rawat, Secretary General ASSOCHAM while releasing the study.

Other major cities that have recorded significant job openings during January to March 2016 are Pune (49.2 thousand), Kolkata (25.2 thousand) and Ahmedabad (20.5 thousand), highlighted the study.

Information technology (IT), IT-enabled services (ITeS) and IT hardware sector together accounted for a majority share of about 60.6 per cent in the total number of new jobs generated across sectors during January - March 2016, while services has ranked second with 17.6 percent share followed by manufacturing (9.4 percent), banking, financial services & insurance (7.6 percent) and construction & real estate (3.2 percent) in total employment generation in July, says the chamber study.

A total of over 8,50,000 lakhs new jobs were generated across India during the last quarter of 2016, the Associated Chambers of Commerce and Industry of India (ASSOCHAM) said in a release.

However, banking, construction, financial services, fast moving consumer goods (FMCG), human resources (HR), manufacturing, advertising, event management, real estate, retail and telecom are the other sectors which created job creation during 2016.

In Delhi-NCR, out of the total job openings about 61.1 percent of job openings are recorded from ITEs followed by services (18.5), manufacturing (8.4 percent), banking financial services & insurance (7.2 percent) and construction & real estate (3.1 percent) of all the new jobs generated.

Sector wise Job Openings

Banking Financial Services and Insurance

Manufacturing

ITEs

Construction and Real Estate

Services

Others

Total

Mumbai 16049 15380 87227 6228 30882 2788 158554Bangalore 12668 17150 125990 5208 35201 2928 199145Delhi & NCR 18585 21568 157072 8016 47432 4253 256926Chennai 6067 9738 50619 2417 12150 1266 82257Hyderabad 3729 5849 38468 1489 9995 925 60455Kolkata 2160 3106 13485 1310 4741 449 25251Ahmadabad 1712 2911 11212 776 3554 376 20541Pune 3587 4547 32174 1956 6390 553 49207Total 64557 80249 516247 27400 150345 13538 852336

City wise share in Job Openings

Banking Financial Services and Insurance

Manufacturing

ITEs

Construction and Real Estate

Services

Others

Total

Mumbai 24.9 19.2 16.9 22.7 20.5 20.6 18.6Banglore 19.6 21.4 24.4 19 23.4 21.6 23.4Delhi 28.8 26.9 30.4 29.3 31.5 31.4 30.1Chennai 9.4 12.1 9.8 8.8 8.1 9.4 9.7Hyderabad 5.8 7.3 7.5 5.4 6.6 6.8 7.1Kolkata 3.3 3.9 2.6 4.8 3.2 3.3 3Ahmadabad 2.7 3.6 2.2 2.8 2.4 2.8 2.4Pune 5.6 5.7 6.2 7.1 4.3 4.1 5.8Total 100 100 100 100 100 100 100

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