Info Edge (India) Limited
B - 8, Sector - 132
Noida - 201304
Phone: +91-120-4841100, +91-120-3082000
Info Edge (India) Limited
A-88, Sector -2,
January 10 2013
Reversing the regular trend of year-end holiday season hiring dip, the Naukri Job Speak index for Dec-12 grew by 3% when compared to Nov-12 and 7% over the same time a year ago. Traditionally, December has always been a month where recruitment slows down across sectors, however this year barring minor dips in IT, ITES and Oil & Gas sector hiring activity has picked up across all the other major sectors.
Hitesh Oberoi, CEO and MD, Info Edge India said “It is definitely a positive sign that hiring activity perked up in the final month of 2012. Job creation in this quarter will take place in the new emerging growth sectors rather than the traditional ones.”
Industry Sector Analysis:
Auto and Banking sectors were upbeat with their hiring plans in Dec-12, Telecom, Pharma, Construction and Insurance sectors also saw positive movement in their hiring activity with the Naukri job speak index moving up 11%, 8%, 7% and 6% respectively in Dec-12 over Nov-12. Both IT and ITES sector witnessed marginal 2% and 1% dips in their hiring levels in Dec-12. This is primarily because these sectors are impacted by the holiday season in the western countries , their main markets. On a month on month comparison, hiring activity for the Oil and Gas sector also dipped by 3% in Dec-12 over Nov-12.
Functional Area Analysis:
Barring Software services and ITES, all top functional areas witnessed positive growth figures in Dec-12. The demand for Professionals in Engineering, Supply Chain and Banking moved by 10% , 13% and 18% respectively in Dec-12 over Nov-12. Both project management and marketing professionals saw 10% positive movement in their indices in Dec-12 when compared to Nov-12.
City Wise Analysis:
A comparative month on month analysis of hiring activity shows that the indices for both Mumbai and Pune moved up by 8% respectively in Dec-12 over Nov-12. Delhi and Chennai saw 6% and 3% movement in their hiring activity, while Bengaluru, Kolkata and Hyderabad saw 4%, 5% and 8% dips in their hiring levels.
Naukri.com, India’s No. 1 job site and the flagship brand of Info Edge introduced the concept of e-recruitment in India. Since its inception in 1997, Naukri.com has seen continued growth while outperforming its competitors in every sphere. Info Edge was the first internet Company to be listed in India. The site enjoys a traffic share consistently over 60% as per the Comscore data. Naukri.com is a recruitment platform that provides hiring-related services to corporates/ recruiters, placement agencies and to job seekers in India and overseas. It offers multiple products like Resume Database Access, listings and Response Management e. With 230000 jobs live at any point 32 million CV’s, Naukri.com serviced over 46500 corporate clients in 2011-2012.
The company has over 2400 people operating through 53 offices in 34 cities in India and overseas offices in Dubai, Riyadh, Abu Dhabi and Bahrain.