Hiring in infrastructure sector up by 12% in October 2017

November 09 14:36 2017

“In February 2017, Finance minister Arun Jaitley presented the budget he announced an investment of as much as Rs 3,96,135 crore in upgrading infrastructure.Industry leaders anticipated an increase in talent demand across various infrastructure and related sectors. As we approach year-end, it’s indeed reassuring that things are going as per expectations and infrastructural development is taking shape, further driving the job opportunities,” said Ramathreya Krishnamurthi, Business Head, TimesJ
TimesJobs has the largest collection of jobs in the market, which ensures that whenever and wherever there is a great opportunity, jobseekers will discover it on the platform

On the back of large-scale infrastructure developments across railways, ports and national highways, the infrastructure sector emerged as the top hiring sector with 12% rise in October 2017, says the latest RecruiteX report by TimesJobs.

Industry-wise analysis: Demand grew most in infrastructure

Infrastructure sector saw nearly 12% rise in talent demand in October 2017. Demand for profiles such as production, manufacturing, IT, sales, business development and accounting saw maximum increase in demand in the infrastructure sector, during the month.

Besides, the TimesJobs RecruiteX recorded a Y-o-Y increase of 3% in the infrastructure sector.

“In February 2017 when finance minister Arun Jaitley presented the budget he announced an investment of as much as Rs 3,96,135 crore in creating and upgrading infrastructure in India. On the back of this investment, industry leaders anticipated an increase in talent demand across various infrastructure and related sectors. As we approach year-end, it is indeed reassuring that things are going as per expectations and the infrastructural development is taking shape, further driving the job opportunities,” said Ramathreya Krishnamurthi, Business Head, TimesJobs.

Location-wise analysis: Vadodara top the charts

Among key locations, Vadodara posted the highest rise of 5% in talent demand, as per the latest RecruiteX report. Within top metros Bengaluru witnessed a rise of 2% in hiring activity, in October 2017. Among states, RecruiteX recorded a growth of nearly 19% in Karnataka.

Functional area analysis: Quality control professionals in demand

Demand for quality and process control professionals grew by 12% in October 2017, followed by engineering professionals with 8% rise in demand. Doctors, nurses and medical professionals continued to witness growth in hiring activity. In October 2017, demand for these professionals grew by 6%.

Experience-wise analysis: Demand stabilises for senior professionals

Senior management hiring stabilised in October 2017, with jobs for over 20 years of experience witnessing no growth over the numbers in September 2017. However, in Y-o-Y analysis the hiring for over 20 years of experience bracket rose by 13% and for 10-20 years of experience the demand increase was 1% for the October 2016-October 2017 period.

Key highlights of the report are:

• Top hiring sectors

  • Infrastructure
  • Petrochemicals

• Top hiring locations

  • Vadodara
  • Bengaluru

• Top hiring profiles

  • Quality/process control
  • Engineering

Click Here to Download the Complete Report – http://bit.ly/2izKkCM

About TimesJobs:

TimesJobs, a flagship business of Times Business Solutions (TBS), is a platform to help competent professionals make smarter career decisions. With over 25 million registered jobseekers across the board and more than 60 million page views every month, it is fast becoming the most preferred career portal among the candidates.

TimesJobs is leading in the recruitment and employment space with its pioneering and dynamic divisions because it successfully meets all the needs of the jobseekers. Its major platforms include:

TechGig: India’s biggest dais for tech professionals to help them Learn, Showcase & Compete in the IT industry.

JobBuzz: A well-known portal that provides information & insights about different companies, job profiles and interview processes.

StepAhead: StepAhead offers Professional Resume writing and distribution services, career astrology, resume improvement to help jobseekers accelerate their career.

Also, TimesJobs has the largest collection of jobs in the market, which ensures that whenever and wherever there is a great opportunity, jobseekers will discover it on the platform.

In the recruitment market, as well, being the biggest platform for competent professionals who think of their careers first, TimesJobs has become the destination of choice for recruiters who seek to engage with the right talent.

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Email: [email protected]
Phone: +919999652048
Country: India
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