Press Release

Naukri Job speak Chennai- Jan 2015

February 1 2015

The Naukri Job Speak Index for Chennai at 1269 in January-15&rsquo was 8% higher than the January-14 index

  • Auto sector sees a decline in the hiring activity by 5% in January&rsquo15 over January&rsquo14.
  • Hiring of IT professionals increases by 9% in January&rsquo15 over January&rsquo14.

Chennai, January 2015:
The Naukri Job Speak index for Chennai in January-15&rsquo was at 1269 as compared to 1171 in January-14, thus indicating an 8% increase in the hiring activity. Among the key sectors, BPO/ITES showed an 8% decline in the hiring activity whereas Telecom registered a 29% growth over the same period.

V Suresh, Executive Vice President and Chief Sales Officer, Naukri.com said &ldquoJob Market is Chennai has shown consistent growth over the past few quarters. Interestingly, apart from IT, we witnessed significant growth in sectors like BFSI, Telecom and Pharma. This could just be the tip of the iceberg and we can expect hiring to improve significantly in the coming months&rdquo.

Industry Sector Analysis:

Sectors like Telecom and Banking saw significant increases of 29% and 45% respectively in their hiring activities in January-15&rsquo over January 14&rsquo. Other sectors like Pharma saw a 5% increase in the hiring activity over the same period. However, sectors such as Construction and Engineering and Insurance saw a dip of 14% and 22% in the same period.

Functional Area Analysis:

Hiring of Project Management, and Production and Maintenance professionals saw a dip of 19% each in January&rsquo15 over January&rsquo14. However a reverse trend was seen for the HR and Finance professionals where the numbers went up by 15% and 6% respectively over the same period.  

About Naukri.com

Naukri.com, India&rsquos 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 continuously outperformed its competitors in every sphere. Info Edge was the first internet Company to be listed in India. The site enjoys a traffic share of 69% as per Comscore. 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 Tools. With more than 1, 25,000 jobs live at any point and over 38 million CV&rsquos, Naukri.com serviced over 48000 corporate clients in 2013-2014. The company employs over 3100 people operating through 56 offices in 42 cities in India and overseas offices in Dubai, Riyadh, Abu Dhabi and Bahrain.