Press Release

Hiring up 4% in Oct’13 over Sep’13: Naukri Job Speak Index

October 30 2014

The Index has witnessed 11% increase in hiring in Oct'13 over Oct'12

  • Bangalore witnessed the maximum improvement in hiring trends with 7% increase in Oct'13 over Sep'13 followed by Hyderabad and Mumbai with a slight increase in hiring of 6% and 4 % M-O-M respectively.
  • Professionals working in IT software continue to observe growth with index showing an increase of 8% M-O-M.

The Naukri Job Speak Index for the month of October 2013 was at 1,286 showing a 4% growth in hiring, when compared to September'13. The hiring activity has witnessed an 11% increase when compared to the same period of last year. Most of the sectors have shown an upward trend in hiring in Oct'13. Oil and Gas has seen massive growth followed by the Insurance sector. However, hiring activity has declined in the Media & Entertainment sector with the index showing a dip of 7 % as compared to Sept'13. This downward spiral in Media and Entertainment sector is also visible in a year on year analysis with the index showing a dip of 6% in Oct'13 as compared to Oct'12. Among the top metros, Bangalore has shown the maximum increase in hiring with the index moving up by 7% in Oct'13 when compared to Sep'13.

Mr. Ambarish Raghuvanshi, Group President Finance and CFO Info Edge (India) Ltd said "

The current economic situation has started showing signs of recovery and this sentiment is getting echoed in the hiring pattern of the companies. Our index has gone up thereby presaging better time ahead. We are cautious and hope that hiring will continue to improve by end of this year"

Industry Sector Analysis:

An in depth analysis reveals that sectors – Telecom, BPO and Pharma have witnessed a tangible M-O-M increase with 20%, 11% and 7% respectively. However Oil &Gas and Insurance sector led the growth with an increase of 30% and 25% respectively in Oct'13 as compared to the previous month.

Amongst sectors experiencing headwinds- Media &Entertainment and Construction &Engineering have shown a decline of 7% and 6% in Oct'13 as compared to Sep'13.

A year on year comparison shows a downward trend in Auto sector with the index showing a decline of 19% Y-O-Y.

Functional Area Analysis:

Professionals working in Banking and Insurance have seen a double digit growth with M-O-M analysis of index showing an increase of 19% in Oct'13 as compared to Sep'13. ITES/BPO has experienced positive growth with the index showing an increase of 14 % in Oct'13 as compared to Sep'13. A similar growth trajectory is visible if we take a Y-O-Y comparison with the index showing a spurt of 36 %. IT Software also continues to see a growth of 8% in Oct'13 as compared to Sep'13.

City Wise Analysis:

All the metros except Kolkata have a seen an upswing in hiring activity. Bangalore has seen maximum growth with the index moving up at 7% in Oct'13 as compared to Sep'13. It was followed by Hyderabad which has seen an M-O-M growth of 6%.

Delhi-NCR which saw an upward trend in the previous month saw a miniscule increase of 3% in Oct'13 as compared to Sep'13. Mumbai and Chennai saw growth of 3% and 2% respectively in Oct'13 as compared to Sep'13. Monthly comparison shows Pune witnessing no growth while Kolkata was down by 7% in Oct'13 as compared to Sep'13 due to the festive season

About, 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, 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 Comscore data. 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 Tools. With 230000 jobs live at any point and over 33 million CV's, serviced over 48000 corporate clients in 2012-2013. The company employs over 2500 people operating through 57 offices in 36 cities in India and overseas offices in Dubai, Riyadh, Abu Dhabi and Bahrain.