January 2, 2012

Indian Firms to hire 5 Lakh Employees in 2012

The New Year bash will double the cheers for the job seekers as the Indian companies may hire more than five lakh employees in the current year 2012 amid the continuous depreciation of rupee against the US dollar.

Adding to the cheers, the experts assume the double-digit salary hikes in the private organisations during 2012. Executive search firm GlobalHunt's Director Sunil Goel said that more than 5 lakh people will be recruited in all the fields.

However, the type of recruitment depends on the policies of the government and market situation. Despite the global economic uncertainty, Indian firms will attempt to recruit employees as long as possible, he said.

The experts said that the IT sector alone will recruit more than 3 lakh employees in India during 2012. The job opportunities will grow significantly in the country in the sectors like retail, healthcare and IT & ITeS, defence, hospitality and consumer durable.

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