Engineering Jobs India
This sector is likely to generate the 2nd largest number of jobs in the country in thecoming days.
IT & ITES
Total Employee Base: 17,93,000 New Jobs: 97,000
Bench strength in the industry is still not used up fully. Hiring is expected to takeplace due to continued international demand in the IT sector. As far as ITES isconcerned, domestic demand is growing though many international contracts havenot yet come back to normalcy. Having dominated the job market with the greatestnumber of new job additions year after year, India’s IT and ITES industry is showingsigns of stabilizing. Indian industry is showing signs of climbing the value chain andwinning deals in knowledge-intensive applications.
This sector will create asubstantial amount of new jobs – 97000, the 4th largest amongst all sectors.
Real Estate & Construction
Total Employee Base: 7,30,000 New Jobs: 1,36,000
Smaller towns and suburban townships are growing with lower value housing.Infrastructure growth continues in many ways and appears to be accelerating. Fromunskilled site workers to highly skilled talent like engineers, foremen, craneoperators, project managers and architects, this sector is expected to explode withnew jobs.
Trade
Total Employee Base: 611,000 New Jobs: 13,000
Organized retail is yet to recover fully, but new entry is expected towards the latterpart of the year. With improvements in consumer sentiments, this sector is likely togather momentum towards later part of the year.
Transport, Storage & Communication
Total Employee Base: 26,38,000 New Jobs: 27,000
Economic growth will push transport forward and new jobs will get created in thissegment. Storage is yet not on a high growth path.
Communication sector policies such as 3G introduction are likely to aid the growth creating new jobs.
This sector however has been improving its operational efficiencies in many ways thus, notcreating jobs in proportion with the sector growth.
Manufacturing
Total Employee Base: 55,30,000 New Jobs: 68,000
Auto sector, light engineering, minerals and metals are expected to show someresurgence. Recent trends of increasing sales of automobiles and consumer goodsare testimony of this growth. SSIs still appear to be cautious, still impacted byliquidity constraints. This sector has enhanced its productivity levels and optimizedcosts over the last year. The year ahead will witness growth in jobs and change inhiring trends. We will see hiring more freshers and people with specialized skills.