Coupled with Prime Minister Modi’s drive to create a business-friendly environment, drive real estate growth and create jobs, the sector is on a hiring spree to take advantage of the next growth wave.
While construction and real estate were the top hiring sectors during April 2017:
- Logistics
- Petrochemicals
- IT & Telecom
- Banking, Financial Services, and Insurance (BFSI)
The report said, among locations, while Bengaluru and Pune posted the maximum rise in demand, Ahmedabad and Indore were the top among the non-metros. When it comes to states, Maharashtra (excluding Mumbai and Pune) posted a five per cent rise in demand, it said.
Conclusion
With rising talent demand in real estate and construction, job opportunities continue to expand, fueled by government initiatives and industry growth.
Frequently Asked Questions
Q. Which sectors saw the highest job growth in April 2017?
Real estate and construction were the top job creators, followed by logistics, IT, and BFSI.
Q. Which cities had the highest job demand in April 2017?
Bengaluru and Pune led in job growth, with Ahmedabad and Indore leading among non-metros.
Q. How is the government supporting real estate job growth?
Policies promoting business ease, infrastructure expansion, and housing initiatives have boosted hiring.