You are here: Home » Jobs » News
Business Standard

Hiring activity likely to get boost in 2018 due to economic growth: Report

High demand for sales and marketing roles will continue into 2018

Press Trust of India  |  Mumbai 

salary, hiring
Representative image

in the country is likely to get a boost this year in key sectors such as manufacturing, technology, renewable energy, among others, due to robust economic growth, said a report.

Bolstered by the observed in 2017, witnessed an uptick across several sectors, according to firm

"With the Indian government constantly pushing reforms to receive through proactive measures, we are anticipating these optimistic trends to continue across the key sectors," its managing director Nicolas Dumoulin said.

The report, Outlook 2018, has compiled figures from its database in the last 12 months.

The government has is set to upgrade industries such as manufacturing, infrastructure, logistics & warehousing, and renewable energy, and the report anticipates large-to-steady hiring activities within these spaces in 2018.

The government projects have drawn the attention of foreign investors, according to the report, and many international companies are willing to set up operations in India.

"We estimate a noticeable upsurge in activities as an outcome of new companies building their teams in India," it said.

"Further, the ongoing discourse on will bring about more opportunities for our clients, while leveraging in the processes will see a rise in 2018," it added.

From a talent perspective, Michael Page said using artificial intelligence-based applications will expedite the recruitment processes, and also allow recruiters to focus on more complex tasks.

Meanwhile, high demand for sales and marketing roles will continue into 2018.

"Sales professionals with good leadership skills will be in demand across industries, while in marketing, professionals with experience in consumer, digital, and sales-enablement will be highly sought after," it said.

Michael Page highlighted that the hiring sentiment across finance functions has strengthened with the continuing emphasis on 'ease of doing business' in India.

With investments in 2018, pouring in from private equity firms in infrastructure, energy, and e-commerce spaces, the recruitment firm expects to see increased demand for finance candidates in these sectors, with strong focus on fund raising and investor relations experience.

First Published: Tue, April 03 2018. 22:15 IST