Wednesday, 1 June 2016

Delhi-NCR Tops in Job Creation across India

In a study by The Associated Chambers of Commerce of India, widely known as ASSOCHAM, Delhi -NCR is leading in creating new jobs. The study, which looked at the fourth quarter of the last fiscal year, was said that the area had created over 2.6 lakh new jobs while a total of 8.5 lakh jobs were created in eight major new cities.
The study, conducted by ASSOCHAM, Delhi-NCR has ‘garnered over one-fourth share of the total number of new jobs generated across India.’ The area, however, has created over 2.6 lakh new jobs from January to March, 2016. Delhi-NCR is followed by Bengaluru, Mumbai, Chennai and Hyderabad. In Bengaluru, as ASSOCHAM has noted, the total number of new job creation was 1.9 lakh while Mumbai had created 1.5 lakh new jobs. Chennai absorbed 82.2 thousand candidates and Hyderabad did 60 thousand.


Also, around 88.9 percent of job openings were recorded in all these five cities. “Among top metro cities, Delhi-NCR had maximum share of over 30.1percent in job creation while Bengaluru witnessed a 23.4 percent contribution in job creation, followed by Mumbai with 18.6 percent,” said the Secretary General of ASSOCHAM.
ASSOCHAM’s list includes Pune (49.2 thousand), Kolkata (25.2 thousand) and Ahmadabad (20.5 thousand) also those have recorded considerable amount of job creating during January to March, 2016.
The study disclosed that Information technology (IT), IT-enabled services (ITeS) and the IT hardware sector had accounted for major share of creation, about 60.6 percent in the total n jobs creation. This was followed by 7.6 percent share by manufacturing (9.4 percent), banking, financial services & insurance (7.6 percent) and construction & real estate (3.2 percent).



With more than 8,50,000 lakhs new jobs across the nation, ASSOCHAM said that banking, construction, financial services, fast moving consumer goods (FMCG), human resources (HR), manufacturing, advertising, event management, real estate, retail and telecom are also among the significant sectors who absorbed human resources.

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