Bengaluru is hiring: City sees 13% rise in recruitment

Recruitment activity in Bengaluru, the country’s tech hub, grew by 13% in December 2018, compared to the same month in 2017 across all sectors, while the software industry witnessed the highest growth rate of 22% year-on-year, Naukri data reveals.

The Naukri JobSpeak Index for December 2018 in Bengaluru stood at 2,122 for all jobs, showing an increase of 13% compared to December 2017 when it was 1,864.

The index stood at 1,987 in December 2018, an 8% increase in hiring from December 2017 (1,833), across the country. However, in November 2018, it was 2,084.

The IT capital also witnessed 22% growth in IT-software compared to 20% in Pune in December. Bengaluru also witnessed an 18% growth in IT-hardware sector.

Naukri, a flagship brand of Info Edge India, an online classifieds company, said the index has been calculated based on job listings added to the site month on month. July 2008 has been taken as the base month with a score of 1,000 and the subsequent monthly index is compared with data for July 2008. While hiring activity in Pune grew by 15% (2,379), it rose 9% in Mumbai (1,656) and 14% in Kolkata (2,322), according to Naukri data. Chennai witnessed 9% rise (1,602) in recruitment activity, with the accounting industry witnessing a growth of 22%, whereas it remained flat in Hyderabad (2,019).

Sumeet Singh, CMO, Info Edge India, said, “The year 2018 ended with growth in hiring across most major cities and top industries. For the past few months, IT and Auto/Auto Ancillary sectors have been leading the growth. It has been a good year for BPO and FMCG, and we hope to see the trend in hiring to continue in 2019.”

The Auto/Ancillary industry recorded a notable rise of 24% and the HR domain grew by 17% in December 2018 across the country. Other industries which witnessed an increase in hiring activity in the last month were Oil and Gas 11% at 724, Telecom 10% at 542 and BPO 3% at 1,672.

However, Pharma witnessed 11% decrease with the index at 1,620, compared to December 2017 (1,813). Banking too saw 6% decline at 2,353 compared to 2,499 in December 2017.

Also, recruitment for employees in the experience band of 0-3 years saw a rise of 9% in the month of December 2018 and hiring for trained talent with 4-7 years of experience grew by 10%. According to the report, leadership roles with experience of over 16 years remained flat with a 2% rise in recruitment activity.