Press Release

City release Jobspeak April 15 -Bangalore

May 12 2015

Bangalore saw a 20% increase in the hiring activity in April 15&rsquo over April 14&rsquo: Naukri Job Speak Index

  • IT-Software/Software Services sector saw an increase of 22% in hiring in April 15&rsquo over April 14&rsquo
  • Account and Finance professionals saw increased hiring activities in their sectors with the index moving up by 8%

Bangalore, May 12, 2015:
The Naukri Job Speak Index for Bangalore was at 2172 in April 2015 indicating a 20% increase in the hiring activity in comparison to April 2014. Industry wise too, hiring sentiments looked upbeat with sectors likeIT-Software/Software Services and Pharma seeing an increase of 22% and 3% respectively in their hiring levels in the same time period. Banking and Financial Services saw a strong increase of 75% in their hiring activity in April 15&rsquo over April 14&rsquo.

Industry Sector Analysis:
A detailed analysis revealed that among the key sectors of the city, as mentioned above, IT-Software/Software Services saw a robust in hiring over the year. Telecom and Pharma also saw hiring going upwards by 2% and 3% respectively in the same time period. However, an important sector of the city, Construction & Engineering saw a dip of 5% over the year.

Functional Area Analysis:
The job index spelt good news for IT Software professionals with the sector continuing to hire experienced talent. The demand for professionals in the sector saw an increase of 26% in the month of April 15&rsquo over April 14&rsquo. Sectors like Accounts and Finance and HR also continued to hire at a decent pace and showed an 8% and 9% rise respectively over the year. However, hiring of Production and Maintenance professionals saw a downward trend with the index moving down by 6% in 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 seen continuous decline 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 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.