New Employment Opportunities in India

There would be lots of new employment opportunities in the next three months in almost all sectors in the country, including finance and real estate. This is the estimate of global staffing service firm manpower.

The firm believes that in the coming days, most employment opportunities will be in Indian companies. This means the country has recovered from the shock of economic recession and the country's growth rate is moving ahead in the right direction.

Positive Signs
With the help of government stimulus packages, industrial production has increased with demand. The increase in demand for consumer goods has helped in dealing with recession, and employment opportunities have increased the most in Indian companies with improvement in automobile, IT, and BPO (Business Process Outsourcing) sectors. This proves that economic recession has become a thing of the past for the country. IT (Information Technology) and BPO sectors have also proved this by providing employment to most number of people.

The commendable aspect here is that these sectors have achieved this despite the United States not fully recovering from recession, and its discouragement to outsourcing. More than half the business of these sectors is done with the United States. In the coming days, there are signs that employment opportunities in service, finance, insurance, and real estate sectors of the country might increase by four percent in comparison to the previous quarter. After the third quarter of 2008, for the first time employment opportunities in Indian companies are going to grow so rapidly.

Major Sectors
In the coming quarter of April to June, there would be lots of job opportunities in services, finance, real estate, construction, mining, and manufacturing sectors of the country. In 2009, Indian companies made lot of recruitments during October to December 2009.

This recruitment drive was led by IT and BPO sectors. In this quarter, 638,000 more people got employment in comparison to the same period in the year. After having recovered from the jolt of recession, IT companies have made bumper recruitments.

Recovering From Shock of Recession
The peculiar thing during this period was that 91percent new recruitments were made by the export sector. This means that the country's export sector has recovered from the shock of recession, and it is back on track.

To keep the train of development of trade and industry running fast, it is necessary that policies and the atmosphere are conducive to the same.