HYDERABAD: Employment generation in manufacturing, IT, infrastructure and construction are all down in Hyderabad with companies putting their plans on hold due to political uncertainty.
The city is put in the ‘Strongly Down' category compared to other major cities in the country like Mumbai, Delhi, Bangalore, Kolkota, according to Ma Foi Employment Trends Survey released here. Ma Foi is an international HR service provider servicing top companies across the globe.
The survey was conducted among 1,000 companies across 11 industry segments – Banking and Financial Services (BFSI), Education, Energy, Health, Hospitality & Travel, IT, ITES, Real estate & Construction, Trade, Transport and Manufacturing. These companies were queried about their hiring intentions in the next three months and over the next year.
The survey reveals a very positive picture for Ahmedabad, Pune and Chennai and a moderate picture for Kolkota and Bangalore. Delhi is also hit but not in the same league as Hyderabad. Manufacturing and IT segments see a positive growth in the cities where positive growth is projected.
Ahmedabad seems to be the biggest gainer with an uptrend noticed in all the sectors and new investments flowing into Gujarat.
The survey outcome says the organised sector in India is set to create close to a million new jobs in the year 2010-2011 and the overall picture looks bright for the year. .
Health Care industry seems to be biggest beneficiary with 2,95,000 jobs projected in the sector.
Over the last 18 months, when most industries were busy restructuring operations, Indian pharmaceutical and healthcare industry was adding manpower and giving salary increases. Education and Consultancy, IT and ITES and Manufacturing sectors will be other major job providers.
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