News India

Internet and Tech Start-Ups Expanding Indian Job Market

Are you a graduate with great ideas, looking to break into the tech industry? Studies have shown that India is an increasingly attractive employment option both in terms of opportunity and future growth. 

Forbes India has reported that employment options in India are set to rise significantly over the next few months to September, with ecommerce and technology start-ups leading the way with job production. 

The report, released by human resource firm TeamLease, found that despite “the squeeze on funding and resultant consolidation” the sector is growing at a “trailblazing” rate, in addition to generating jobs at a magnitude that most other industries would find “hard to match.”

The study concluded that overall, net employment projections have gone up by 4 per cent (April to September, 2016) from 89 to 93 per cent in the preceding six months (October 2015-March 2016).  

Companies including City-Wise and Pune are currently topping the list for employment options. The report continues that, from a geographical perspective, the hiring currently remains bound to metros and the tier one cities across the country. However, opportunities for tier two and tier three cities are forecasted to improve as well, as consumer spending in organised retail chains and ecommerce is set to increase. 

While the infrastructure, manufacturing and engineering sectors are improving at a more sluggish rate than expected following a slow down in momentum of the Make in India initiative, the telecommunications and FMCG sectors are set to improve in terms of profit and job production. 

It is important to remember that set backs are common in every industry and a slowdown is not indicative of a complete stop, all it takes is one start-up and the new Silicon Valley may be found in Chennai!

For a full list of job opportunities in India, and to see the companies that are looking to recruit in the next six months, upload your CV to GradLink today.