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Hiring demand is picking up in India, recruiters say, reversing last year’s slowdown in talent acquisition caused by fears of a global recession and a “funding winter”
“Now, spring has come,” said Mayank Chandra, Lucknow-based managing partner for executive search firm Antal International, which focuses on filling midlevel to senior-level roles.
“We are getting a lot of assignments,” Chandra said. To meet this demand, he said he is looking to add six people to his 30-person team.
There were approximately 340,000 active white-collar job openings in India at the end of March, which is 24 percent higher than at the same time last year, according to Xpheno, a staffing specialist firm in Bengaluru.
Sectors such as manufacturing, health care, and engineering are driving the strong hiring intent in India, according to Randstad India, which provides job placement and talent management services.
“The hiring landscape in India has revived, particularly in leadership recruitment, after nearly a year of subdued activity,” said Yeshab Giri, chief commercial officer for operational talent solutions at Randstad India in Delhi.
He said companies are looking for a diverse range of staff at the senior level, either to fill pending leadership roles or for new posts that are being created on the expectations of growth.
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Talent Acquisition Demand and Trends in India
Recruiters in India are observing a surge in hiring demand, marking a reversal from the previous year's slowdown attributed to concerns over a global recession.
