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India’s Hiring Landscape Sees a Positive Turn
India’s job market is experiencing a clear resurgence, and the latest data shows a surprising twist — it’s not just tech anymore. Fresher hiring rose by 11% in June, a promising signal for new entrants in the job market. What’s notable is that the momentum is being driven largely by non-tech industries like insurance, accounting, architecture, and travel. This signals a fundamental shift in India’s employment ecosystem, as newer cities and unconventional sectors are becoming the new centers of opportunity.
Widening Horizons for Fresh Graduates
A deeper look into the report from Naukri JobSpeak reveals some compelling patterns. Non-tech sectors now account for a substantial share of fresher hiring. The insurance industry alone posted a staggering 59% surge in fresher recruitment, reflecting renewed consumer interest and regulatory activity. Accounting and finance came in strong with a 34% YoY growth, indicating rising demand for compliance and financial structuring professionals.
Interestingly, tier-II cities are outperforming metros in fresher job creation. Coimbatore saw a 24% jump in hiring, while Raipur posted a 22% spike in overall job listings. Meanwhile, startups in Pune, Bengaluru, and Chennai reignited their hiring engines, with Pune leading the way at 32% growth.
The architecture and interior design segment took the spotlight with an impressive 50% YoY jump, showing that infrastructure and lifestyle-focused sectors are gaining momentum. Travel and hospitality, both of which were deeply impacted by the pandemic, saw a steady 21% rise, reaffirming the comeback of leisure and business mobility.
Additionally, the BPO/ITES sector is also making a strong recovery. Jaipur and Baroda led the growth, registering a massive 64% and 54% hiring increase respectively. Notably, even the sluggish IT sector showed signs of revival, especially in tier-II cities, suggesting that the slowdown might be easing off.
Banking and financial services unicorns also joined the hiring spree, recording a 30% increase in hiring over the previous year. Meanwhile, demand for highly experienced professionals (13+ years) is on the rise, especially in pharma, biotech, and real estate.
What Undercode Say:
The Shift From Tech to Service-Driven Sectors
India’s employment dynamics are undergoing a significant transformation. The traditional dominance of tech is being replaced by a more diversified hiring environment, with service sectors now leading the way. This reorientation is indicative of an economy that is maturing across multiple verticals, rather than depending solely on IT exports and software services.
Insurance & Finance Sector: New Core Drivers
The insurance
Tier-II Cities Are No Longer Bystanders
The rise of tier-II cities like Coimbatore, Raipur, Jaipur, and Baroda suggests a strong decentralization of economic opportunity. As real estate becomes more affordable, and digital infrastructure improves, both startups and legacy companies are building regional hubs outside the metros. These locations are turning into real job magnets.
Startups Reignite Their Engines
Despite funding challenges in 2024, startups seem to have regained confidence in June. A 32% rise in hiring in Pune reflects their adaptability. These businesses are betting big on innovation-driven growth, especially in fintech, AI, and logistics. This could offer rich learning grounds for freshers looking for non-traditional career paths.
Architecture and Interior Design: Unlikely Winners
The 50% hiring jump in architecture and interior design hints at increased construction activities, urban planning projects, and lifestyle upscaling. It also reflects the post-pandemic desire for better-designed workspaces and homes. This might just be a turning point for design-centric roles in India.
Hospitality & Travel: Full Recovery in Sight
The 21% growth in hospitality and travel indicates sustained post-COVID recovery. Domestic tourism, business travel, and events are fueling demand for skilled professionals in customer service, hotel management, and logistics.
BPO/ITES Sector: Silent Performer
The revival of BPO/ITES hiring — particularly in emerging cities — shows how process outsourcing continues to be India’s steady performer. Companies are using smaller cities to reduce operational costs while tapping into fresh talent pools. A 64% rise in Jaipur and 54% in Baroda proves the scalability of these locations.
IT Sector: Signs of Revival
While the IT sector had been in a slump, its return to positive hiring in June is encouraging. The pickup, especially in tier-II cities, may point to renewed outsourcing deals, migration to hybrid cloud, and enterprise tech upgrades. The recruitment isn’t at boom levels yet, but it’s a start.
High-Experience Roles: Long-Term Expansion Plans
The 15% jump in jobs for professionals with 13+ years of experience suggests that businesses are building leadership pipelines. This is particularly visible in sectors like biotech and real estate, which are preparing for long-term scale and stability.
🔍 Fact Checker Results:
✅ Fresher hiring increased 11% in June, with non-tech sectors leading
✅ Insurance sector showed a 59% surge in fresher intake
✅ Tier-II cities like Coimbatore and Raipur posted over 20% job growth
📊 Prediction:
Over the next six months, fresher hiring will likely continue to grow, with non-tech sectors cementing their lead. Tier-II cities will attract more companies aiming to cut costs while maintaining talent quality. Expect continued momentum in insurance, design, and BPO, while the IT sector may regain stability by the end of the year, especially in smaller cities.
References:
Reported By: zeenews.india.com
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