Delhi-NCR tops the list beating Mumbai in creating jobs: Survey
Updated: Jul 02, 2013 03:33:36pm
New Delhi, Jul 2 (KNN) Delhi-NCR (national capital region) topped the list in generating new jobs, pushing Mumbai down, according to an analysis carried out by industry body ASSOCHAM.
Delhi-NCR remained on top in new job generation with a share of over 27 per cent compared to other cities across India during the first quarter (Q1) of FY 2013-14.
"Garnering a year-on-year (Y-o-Y) growth of about 16 per cent, Delhi-NCR has generated over 34,000 jobs in the Q1 of FY '13-14 as against over 29,000 jobs during the corresponding period of last year. The city's share has also increased by over four per cent," stated a sector-specific analysis titled 'Job Trends across Cities and Sectors,' conducted by Associated Chambers of Commerce and Industry (ASSOCHAM).
However, new jobs generation in the country's commercial capital fell sharply by 28 per cent during the first quarter of fiscal 2013-14 against the corresponding period last year, the study released in Mumbai today said.
"Mumbai's share in generating total number of new jobs across India fell from over 14 per cent last year to just around 10 per cent," Assocham secretary general D S Rawat said, releasing the study.
In contrast, Delhi-NCR remained numero uno in new job generation with a maximum share of over 27 per cent as compared to other cities, Rawat said.
The analysis said that IT, ITeS and hardware together garnered maximum share of about 47 per cent in the total number of new jobs generated across Delhi-NCR. Academics accounted for the second highest share of about 14 per cent followed by the banking, insurance and financial services (BFSI) sector which accounts for over 6 per cent share.
Sectors like engineering and construction, realty, automobiles, retail, infrastructure, human resources, FMCG and others notched an insignificant increase in new jobs generation, it added.
According to Rawat, a total over 125,500 new jobs were generated in the country during Q1 of the current fiscal, which is a decline of two per cent - or 127,700 new jobs created during the same period last year.
Nationwide, IT, ITeS and hardware together accounted for 39 per cent of all the new jobs, following by BFSI with 14 per cent, and academics at 11 per cent.
The IT and academics capital of Maharashtra - Pune, also witnessed a fall of 17 per cent, according to the study.
IT-ITeS and hardware accounted for nearly 50 per cent of the 8,500 new jobs in the current fiscal Q1, BFSI with 12 per cent, academics at seven per cent and other sectors remaining sluggish. Last year, Pune had notched 10,200 new jobs.
Among other important cities, Kolkata has seen a significant surge of over 19 per cent in new job generation, while Bangalore has seen a surge of about 7 per cent in this regard.
The number of new jobs generated in Chennai has seen a huge decline of over 21 per cent, from over 10,200 jobs in the first quarter of the previous financial year to just over 8,000 jobs in the current financial year. Among the Tier 2 cities, Lucknow notched an impressive 58 per cent growth, Kanpur (53 per cent), Kochi (45), Nagpur (27), Gandhinagar (17) and Jaipur (16).
But, other Tier 2 cities like Surat fell by 38 per cent, Indore (23) and Bhopal (12) in new jobs creation.
In Tier 3 cities, Bhubaneshwar surged ahead with 37 per cent increase, Raipur (32), Meerut (21) and Ranchi (10).
Other Tier 3 cities like Guwahati fell by 48 per cent, Vadodara (37), Patna (29) and Amritsar (21), the Assocham study revealed.
"Overall, these numbers portray a dull job market owing to on-going global economic slowdown. Though the hiring trend activity has put up a dismal show during the first quarter of the current financial year, the industry is hopeful that job market will pick up second quarter onwards," Rawat said.
Assocham tracked the data on a daily basis for vacancies posted by over 3,000 companies on various job portals, advertisements in job supplements of national and regional dailies and news journals for 56 cities and 32 sectors offering employment opportunities across India. (KNN)
Delhi-NCR remained on top in new job generation with a share of over 27 per cent compared to other cities across India during the first quarter (Q1) of FY 2013-14.
"Garnering a year-on-year (Y-o-Y) growth of about 16 per cent, Delhi-NCR has generated over 34,000 jobs in the Q1 of FY '13-14 as against over 29,000 jobs during the corresponding period of last year. The city's share has also increased by over four per cent," stated a sector-specific analysis titled 'Job Trends across Cities and Sectors,' conducted by Associated Chambers of Commerce and Industry (ASSOCHAM).
However, new jobs generation in the country's commercial capital fell sharply by 28 per cent during the first quarter of fiscal 2013-14 against the corresponding period last year, the study released in Mumbai today said.
"Mumbai's share in generating total number of new jobs across India fell from over 14 per cent last year to just around 10 per cent," Assocham secretary general D S Rawat said, releasing the study.
In contrast, Delhi-NCR remained numero uno in new job generation with a maximum share of over 27 per cent as compared to other cities, Rawat said.
The analysis said that IT, ITeS and hardware together garnered maximum share of about 47 per cent in the total number of new jobs generated across Delhi-NCR. Academics accounted for the second highest share of about 14 per cent followed by the banking, insurance and financial services (BFSI) sector which accounts for over 6 per cent share.
Sectors like engineering and construction, realty, automobiles, retail, infrastructure, human resources, FMCG and others notched an insignificant increase in new jobs generation, it added.
According to Rawat, a total over 125,500 new jobs were generated in the country during Q1 of the current fiscal, which is a decline of two per cent - or 127,700 new jobs created during the same period last year.
Nationwide, IT, ITeS and hardware together accounted for 39 per cent of all the new jobs, following by BFSI with 14 per cent, and academics at 11 per cent.
The IT and academics capital of Maharashtra - Pune, also witnessed a fall of 17 per cent, according to the study.
IT-ITeS and hardware accounted for nearly 50 per cent of the 8,500 new jobs in the current fiscal Q1, BFSI with 12 per cent, academics at seven per cent and other sectors remaining sluggish. Last year, Pune had notched 10,200 new jobs.
Among other important cities, Kolkata has seen a significant surge of over 19 per cent in new job generation, while Bangalore has seen a surge of about 7 per cent in this regard.
The number of new jobs generated in Chennai has seen a huge decline of over 21 per cent, from over 10,200 jobs in the first quarter of the previous financial year to just over 8,000 jobs in the current financial year. Among the Tier 2 cities, Lucknow notched an impressive 58 per cent growth, Kanpur (53 per cent), Kochi (45), Nagpur (27), Gandhinagar (17) and Jaipur (16).
But, other Tier 2 cities like Surat fell by 38 per cent, Indore (23) and Bhopal (12) in new jobs creation.
In Tier 3 cities, Bhubaneshwar surged ahead with 37 per cent increase, Raipur (32), Meerut (21) and Ranchi (10).
Other Tier 3 cities like Guwahati fell by 48 per cent, Vadodara (37), Patna (29) and Amritsar (21), the Assocham study revealed.
"Overall, these numbers portray a dull job market owing to on-going global economic slowdown. Though the hiring trend activity has put up a dismal show during the first quarter of the current financial year, the industry is hopeful that job market will pick up second quarter onwards," Rawat said.
Assocham tracked the data on a daily basis for vacancies posted by over 3,000 companies on various job portals, advertisements in job supplements of national and regional dailies and news journals for 56 cities and 32 sectors offering employment opportunities across India. (KNN)
Loading...
