The improving business sentiment among recruiters coupled with growing market optimism has moved up Naukri JobSpeak index for Chennai to 866 in June 2010 from 853 in May. On a year-on-year comparison, the job index for Chennai moved up by 19 per cent in June 2010 compared to June 2009.
One of the key industry sectors in Chennai, ITeS has been bullish on hiring as the sector registered a growth rate of 25 per cent in June 2010 over the May 2010.
Key industry sectors like ITeS, telecom and banking witnessed an uptrend in hiring with the index moving up by 25 per cent, 13 per cent and 11 per cent in June 2010 over May. The IT-hardware sector witnessed a nine per cent increase in hiring activity, while the IT-software and auto sectors witnessed a stable hiring scenario. Thus, key sectors in Chennai -- IT, ITeS, banking and financial services -- all seem to be on a positive path.
A month-on-month growth analysis of the functional areas shows that professionals in ITeS and BPO sectors were much in demand as the index moved up by 22 per cent.
Source: Business Standard
Full Article: http://www.business-standard.com/india/news/ites-hiringan-uptrend-in-chennai/400707/
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