Tech adoption powered Feb hiring in IT-software sector, says report

March 05, 2021 11:57

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Hiring in the IT-software/software services industry registered a record growth of over 33 per cent in February compared to January because of the increased adoption of digital technologies in India, according to the Naukri JobSpeak Index for February 2021.

Naukri JobSpeak Index for February witnessed an uptick of over 22 per cent in hiring activity at 2,356 job listings as compared to January at 1,925.

Naukri JobSpeak is a monthly index that calculates and records hiring activity based on the job listings on Naukri.com website month-on-month.

The report further revealed that with the country going back to normalcy, majority of the industries saw a positive sequential uptick in recruitment activities for the first time after the Covid-19 outbreak.

The telecom sector has registered a sequential jump of over 24 per cent in February while other key sectors such as medical/healthcare witnessed a growth of 28 per cent, education/teaching (25 per cent), FMCG (20 per cent), and BFSI (17 per cent) too have shown growth in month-on-month hiring while the insurance sector saw a flat with 1 per cent decline in hiring trend.

All six metros and key tier-II cities witnessed positive hiring activities in February compared with January, it observed.

Hiring in metros showed double digit growth led by Bengaluru (31 per cent), Hyderabad (28 per cent), and Pune (24 per cent), while tier-II cities such as Ahmedabad with 31 per cent and Vadodara with 20 per cent growth witnessed positive trend sequentially.

With the opening of schools and colleges/universities, demand for professionals in teaching/education grew by 49 per cent in February compared with January.

Job roles in IT-software grew 31 per cent, HR/recruitment by 28 per cent and travel/ticketing by 27 per cent sequentially.

Hiring across experience bands saw an average increase of over 23 per cent with 8-12 years band being at the top of the table with 27 per cent month-on-month increase in hiring activities.

"Record growth in sequential hiring of 33 per cent and a significant year-on-year growth of over 12 per cent in the IT sector indicates that the wave of digital transformation will make India the epicenter of the next tech boom.

"Around 88 per cent IT recruiters have confirmed that new jobs will be created in the coming few months as per the latest Naukri Hiring Outlook survey, further confirming that the wave of digitisation will spread rapidly," Naukri.com Chief Business Officer Pawan Goyal said.

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