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If a survey conducted by a recruitment firm, Manpower India is to be believed then the net employment outlook of +50% indicates that Indian employers are the most optimistic among 41 countries. Despite talks of a slowing economy, Indian companies are still aggressively looking to hire talent, with particularly the highest recruitment to come in services and financial sectors. These findings come at a time when the Indian economy has been faced with sluggish growth numbers over the last few quarters and ratings downgrade by S&P.
The breakdown of the sector wise hiring given by the survey is – services sector +55%, followed by finance, insurance and real estate +53%, while the weakest outlook is for wholesale & retail at +45%. Employers in all four regions of India and all seven industry sectors report positive hiring plans for the ensuing quarter.