India will see a promising 7.1% net employment growth rate in the second half of FY25, according to a report on Monday.
The report by TeamLease Services, a people supply chain company, showed that the job growth rate in the country has surged from 6.33% in the previous half-year, and reflects the collective outlook of 59% of employers planning workforce expansion. An additional 22% are also maintaining their current staffing levels, even as 19% foresee reductions, it said.
Based on data from October 2024 to March 2025, the findings reveal a dynamic hiring landscape where industry-specific demands and macroeconomic factors significantly shape employment trends.
Further, the report showed that sectors such as logistics, electric vehicle (EV) and EV infrastructure, agriculture and agrochemicals, and e-commerce, which are heavily investing in infrastructural and technological advancements are driving the growth.
Emerging geographic shifts in job creation, with newer cities increasingly are also attracting talent. Locations like Coimbatore (24.6%) and Gurgaon (22.6%) are becoming job hubs, representing a decentralization of employment opportunities beyond traditional metros.
While Bengaluru (53.1%), Mumbai (50.2%), and Hyderabad (48.2%) remain central employment anchors with high workforce demand, the demand in cities like Coimbatore, Gurgaon, Jaipur, Lucknow, and Nagpur signals a broader spread of job growth across India, reinforcing the appeal of smaller cities as viable alternatives for job seekers and companies alike.
&ldquo;The employment landscape is increasingly shaped by technology and policy-driven shifts. Our latest findings underscore the diversity in job growth across India, from established urban hubs to emerging cities, and reveal a workforce that is evolving rapidly to meet demands in sectors like logistics, EV, and tech startups,&rdquo; said Kartik Narayan,
CEO of TeamLease Staffing. &ldquo;As companies embrace flexible staffing models, digital skillsets such as problem-solving, critical thinking, and cloud technology are not only in demand but essential for maintaining a competitive edge in today&rsquo;s economy,&rdquo; he added.
The report showed that companies are not only looking to fill roles but are seeking specific skills that align with today&rsquo;s operational and technological needs.
New jobs for competencies such as problem-solving (35.3%), time management (30.4%), and after-sales service (28.4%) are becoming critical, while existing jobs with competencies like communication (57.8 %), sales and marketing (44.6%), and critical thinking (37.3%) remain essential.
An upsurge in technology adoption across industries further supports this focus on productivity. A notable 59% of companies are prioritising cloud-based solutions to facilitate remote and hybrid work models, illustrating a shift toward flexible work environments.
The BFSI, FinTech, and Power and Energy sectors are undergoing targeted expansion driven by AI integration, regulatory requirements, renewable energy roles, and digital financial inclusion.
&ldquo;Furthermore, our government&rsquo;s infrastructure investments and initiatives like the Semiconductor Mission are not just creating jobs but establishing India as a global leader in high-tech manufacturing. By aligning talent acquisition strategies with these trends, companies are poised to sustainably support India&rsquo;s growth trajectory,&rdquo; Narayan said.&nbsp;
&nbsp;&mdash;IANS
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Companies are seeking specific skills that align with today’s operational and technological needs

Emerging cities, tech adoption, and sectoral investments drive job boom

India to Witness 7.1% Workforce Growth in FY25 H2

Emerging cities, tech adoption, and sectoral investments drive job boom

November 25, 2024 | 11:54 IST