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Looking for a job? Well, this is the best time to be in India. India will see over 1 million new jobs this year said the Ma Foi Employment Trends Survey.
Ma Foi, one of India's largest HR consultancy firms, has predicted a 3 per cent increase in employment in 2008. Education, health and hospitality sectors will see a major jobs boom this year. These sectors are likely to replace the IT sector as the largest job creator in India. The health sector shows the highest growth in recruitment at 8.9 per cent followed by IT at 7.3 per cent, ITeS at 7.2 per cent and hospitality at 6.9 per cent.
About 426,668 jobs are going to be generated by the hospitality sector. This sector is closely followed by health at 295,829 and education training and consultancy at 166,005.
When it comes to salary hikes, energy generation and supply sector will experience the highest average salary increase of 16.8 per cent. Other booming sectors in terms of average salary increase are information technology, real estate and construction, trade and hospitality.
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| Author: shikha 15 Mar 2008 | Member Level: Diamond Points : 1 |
thank you for providing us this helpful information.
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| Author: ashish 15 Mar 2008 | Member Level: Diamond Points : 2 |
Dude, you missed the power sector which is the hottest investment destination these days. Jumping of reliance into power sector has given its big boom.
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| Author: jalaj 21 Apr 2008 | Member Level: Gold Points : 5 |
The boom in the tourism industry has been a boon for the hospitality sector.
The hospitality sector will see the largest addition of 430,000 jobs, from 6.16 million in 2007 to 6.59 million in 2008.
"Tourism has a cascading effect on the hospitality sector, which was a result of the increase in the occupancy ratios and average room rates. With the demand continuing to surge, many global hospitality majors have evinced a keen interest in the Indian hospitality sector
Health is wealth!
The healthcare sector will offer job opportunities to 290,000 more people, from 3.32 million in 2007 to 3.61 million in 2008. The Indian health services sector is estimated to be around Rs 75,000 crore (Rs 750 billion) and is estimated to grow by 170 per cent by 2012.
Going ahead, the demand for healthcare will rise, creating more employment in this sector.
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| Author: D. Jaya Lakshmi 22 Apr 2008 | Member Level: Silver Points : 3 |
Thanks for providing the useful information regarding the jobs.Many of them are showing interest to leave for foreign countries without knowing that there were many opportunities in india itself.
Keep on posting the details of the jobs in India as there were freshers who were in search of jobs.
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| Author: SajithkumarS 22 Apr 2008 | Member Level: Diamond Points : 4 |
There are a lot of factors that are going to take this growth forward. If you have been in touch with the news lately, you would have found that the ratio of doctor to patients in India is very poor and the government has decided to reduce the number of seats leading to strikes by the student community. Shortage of trained, specialized doctors would affect the health tourism badly.
Sajith
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