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AI Jobs Surge 20% Amidst Indian Hiring Shifts
2 Oct
Summary
- White-collar hiring grew 2% year-on-year in September.
- AI/ML roles saw a 20% increase, outperforming other sectors.
- Hospitality and Travel sectors experienced significant declines.
In September, India's white-collar job market demonstrated a steady year-on-year growth of 2%. This growth was primarily fueled by a remarkable 20% increase in Artificial Intelligence and Machine Learning (AI/ML) positions, alongside an 11% rise in the automotive sector.
While sectors like BPO/ITES and GCC saw 4% growth, others experienced declines. IT/Software Services, Pharma/Biotech, FMCG, and Healthcare each dropped by 4%, with Healthcare seeing a 3% decrease. The Hospitality and Travel sectors faced the steepest contractions, with declines of 11%, and Education also saw an 18% reduction.
Hiring for professionals with extensive experience remained strong. Roles requiring 8-12 years of experience grew by 5%, 13-16 years by 7%, and over 16 years by 5%. Entry and early-mid career levels remained stable, with fresher hiring up by 1% but the 4-7 years experience band down by 2%.
Geographically, Hyderabad led growth with a 9% increase, followed by Chennai (6%) and Bengaluru/Kolkata (4% each). Pune remained stable, while Delhi-NCR and Mumbai saw declines of 6% each. Hiring growth in emerging cities was largely flat.
