But, Yes Recession is Over, and has come up with some positive and negative effects.
The job Market in India is now focusing on lateral entry though recruitment of freshers though it's in slow mode.
Some of the top recruiters in India however opined that due to economic slowdown salary levels in sectors like software, travel and hospitality have taken a backseat. In some sectors, professionals are paid far below the national average.
The sectors which are opening up with lots of job opprtunity coming this year:
BPO/ITES: With the establishment of outsourcing centers in the metropolis of the country, many jobs have been created in the BPO sector. Some of the top ten recruiters in BPO sector are HCL Technologies, Genpact, Tech Mahindra, Intelenet Global and Citigroup Global Services. Compensation package in BPO sectors have improved a lot.
Public Sector Banks: Even the government offices are now on a hiring spree. The Public Sector Banks including SBI and it's Associates, Indian Overseas Bank and other major banks have recruited thousands of posts both at the officer and clerical levels.
Airport Authority: The Airport Authority of India (A.A.I) recently organized a special recruitment drive for the posts of- Junior Assistant (Fire Service), Junior Attendant (MT) Auto Mechanic, Senior Assistant (Civil Engineering),Senior Assistant (Statistics).
Indian Police Force: The Indian Police department will soon go on a hiring spree as there are plans to recruit nearly 150,000 at the lower level of police administration by the end of March 2010.
This definately is a good initiative and would boost the present state of deplorable condition of police force.
Bioinformatics:
Top recruiters in India are now also focusing in areas of genomics and bioinformatics. Genomics Quality Control Centre in Delhi and Hyderabad's GVK Bio-Sciences are some of the companies which are on lookout for qualified pharma-biotech freshers.
The automobile Industry has held very good growth track in India even during recession. This Industry is hiring & also their is salary in double digit. The industry's fortunes have been helped by market leaders Maruti Suzuki(cars), hero Honda(motorcycles) and Mahindra & Mahindra notching up good growth. Maruti added more then 750 people last year and they will hire more then 940.
Export House: India's exports rose by 9.3% for the second consecutive month, after 13 straight months of decline.
Manufacturing House: India's manufacturing sector grew at its fastest pace in almost one to one-and-a-half years in January 2010.
Before you go ahead; If you are Job Hunter wishing you a very good luck for your job hunt!!
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