NCR likely to see 40% Rise in Hiring: Assocham

News Posted - 2010-05-11

NEW DELHI: With improvement in demand for skilled manpower, the National Capital Region (NCR) of Delhi is likely to witness a 40 per cent rise in corporate hiring in sectors like real estate and banking during the first quarter of the fiscal, a survey said here on Thursday.

The Delhi and NCR region saw an overall rise of 22.3 per cent in hiring during the January-March quarter, the survey by industry chamber Assocham said. "With improving demand for skilled manpower, balancing with the supply pool of higher education institutes, a rise of 35-40 per cent in corporate hiring is expected in the NCR region," it said.

The forthcoming Commonwealth Games is one of the biggest contributing factors driving this demand for manpower in sectors like construction, engineering, hospitality and event management, the survey said.

The survey is based on a sample of 96,569 job openings announced during the first three months of 2010. Companies operating in the Delhi NCR region are having substantive hiring plans for fresh MBAs and engineering graduates in sectors such as real estate, telecom, academics, banking financial services and insurance and FMCG.

Source: ET 6/5/10