Once a leader in employment generation, the Indian IT industry is now at the bottom.
The production and manufacturing sector emerged as the most active sector in terms of online hiring in 2018, registering a 54% growth from last year, according to the Monster Employment Index for 2018 (July to September). In comparison, IT saw just a 9% growth.
“The high in online hiring activity seen in the production and manufacturing sector is indicative of the efforts by the government to boost manufacturing throughout 2018,” said Abhijeet Mukherjee, CEO of recruitment firm Monster.com’s APAC and Gulf region.
Additionally, online hiring demand in 2018 was mostly driven by tier-II cities.
The growth in manufacturing is clearly expanding employment opportunities to cities such as Chandigarh, Jaipur, Coimbatore, and Ahmedabad. “This growth can be attributed to healthy business activities across sectors such as automotive/ancillary and education sector, in addition to production and manufacturing,” Mukherjee said.
Chandigarh led the growth among the tier-II cities, propelled by faster job creation in media and entertainment as well as in the production and manufacturing sectors.