Job index ‘Naukri JobSpeak’ has shown 2% year-on-year growth in January 2023 mainly from hiring candidates in the non-IT sectors. According to experts job opportunities in those sectors have not only shown resilience but have also been on an upswing in the recent months.

“…There has been a spurt in hiring in sectors like Insurance, Oil & Gas, Hospitality, Banking and Insurance,” said Pawan Goyal, Chief Business Officer, Naukri.com.

As per the data from Naukri, among the non-IT sectors in terms of hiring in January 2023 have been Insurance (93%), Oil & Gas (55%), Hospitality (53%), Banking (37%), Real Estate (31%), Auto (29%), BPO (16%) and Healthcare (10%). Apart from these, other sectors that have shown cautious hiring sentiments are Telecom, Retail, and Pharma.

“The BFSI sector provides the majority of jobs in the non-tech sector in India, which is expected to account for approximately 30% of hiring with the rise in job roles in finance, accounting, risk management, compliance, and wealth management, among others,” said Nitin Dave, CEO, Quess General Staffing.

Since India is known to be a rising manufacturing hub, there has been a significant growth in that sector of nearly 20% of the total demand especially electronics manufacturing.

Analysists assume that among other sectors, the telecom sector with the introduction of 5G is also poised for growth in 2023. Roles in demand could include those in sales, marketing, operations, and customer service, among others.

TOPICS: Employment