India Inc to See Robust Hiring in Third Quarter

Bangalore: The latest Manpower Employment Oulook Survey has reported that there will be a vigorous hiring activity in the third quarter especially in the services and the financial sectors, reports Shreya Biswas of the Economic Times. Survey also stated that the Indian employers have turned out to be more confident when it comes to hiring activity of the 41 countries that were surveyed.

Sanjay Pandit, the Managing Director of the Manpower India said that, even though there is a global economic uncertainty and also after seeing some signs of slowdown in India, hiring activity remains positive in the country in all the seven sectors. There has been a high growth in the service sector and there is a expected demand in the ITeS sector, he adds.

Many international banks have shifted to India in an attempt to cost cutting and this has boosted the overall outlook of finance, insurance and the retail sectors

Employers from the East India have reported a positive outlook towards hiring since the survey started in 2005. The survey has covered over 5,244 employers across India.

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