After the major restructuring, demonetization etc., which has happened in India, there have been major, changes as to how the industry is hiring say the Best Job Consultants in Chandigarh. Here is a brief look at the various industries
There has been a large number of layoffs and consolidations in the industry, according to Retail and Textiles Job Consultant in Chandigarh. Although on the plus side the roles in technology, production, and manufacturing have increased.
Although there is a larger scale of hiring in e-commerce industry to compensate the demands for festivals and seasonal sales, there is also the effect of demonetization that has reduced the rate of hiring according to Consultants in Chandigarh.
With more and more brick and mortar stores getting updated in the field of e-commerce, there has been an increase in requirement for a workforce that is skilled in the digital sector according to the Best Job Consultants in Chandigarh.
Due to demonetization, there has been a dip in sales of large equipment, machines automobiles etc., as much of the sales of these came from the more rural sectors, this has lead to a slump in the hiring in the sector according to Manufacturing Job Consultants in Chandigarh.
However, the hiring in manufacturing is expected to pick up once the situation gets better. There is a major gap in skill requirement and the average skill level available to the industry. This is what was found by the Manufacturing Job Consultants in Chandigarh.
The companies have started taking another way. Now the focus of the industry is to develop the skill of the already existing employees. There is also a reduction in the number of candidates seeking employment. This is due to the disparity between their skills and the actual job profile offered. Manufacturing sectors also face the same issue today say the lead recruiters of Manufacturing Job Consultants in Chandigarh.
The rate of growth of the It sectors is around 9% and this is the figure according to the Consultants in Chandigarh. Now many companies are venturing into fairly new fields like data science and cloud computing. As all these new technological fields are new to the sector, there is a huge growth expected according to the Best Job Consultants in Chandigarh and in the country.
There is a forecast that there will be 75 percent increase in hiring in this sector. It is expected to remain just as competitive according to Consultants in Chandigarh.
The Fast moving consumer goods industry is expected to keep growing, with the ever-increasing demands of the current population. Increase in purchasing power has increased the demand for more jobs in the sector. Although the demand has continued increasing, the intense competition from e-commerce has muted the hiring process in this sector, according to many FMCG Job Consultants in Chandigarh.
As the levels of education and the skill levels have increased the demands of the job markets have also made it very difficult for many of the sales profiles to be acceptable according to FMCG Job Consultants in Chandigarh.
There is a preference for entrepreneurial mindset among the new generation of job seekers. This has lead to a mushrooming of many smaller startups that seek multi-talented hires, say the FMCG Job Consultants in Chandigarh.
Textile manufacturing is another field that is picking up the pace in the industry. With the huge demand for the latest trends and fashion cropping up everywhere in India, the Textiles Job Consultant in Chandigarh say that this has considerably increased the need for the forward-thinking millennial in various job profiles.
All in all, even though there has been an overall slump in the market, the demand for consumer goods, especially FMCG and garments and textiles is still quite high according to the Textiles Job Consultant in Chandigarh.
There are many job profiles that require a high amount of skill and job experience. It is said that around 22% of the employed people earn more than 11 lakhs a year. This has set the bar high for the salary that could be provided for those seeking jobs in the market say the Textiles Job Consultant in Chandigarh.