Kolkata: Kolkata has emerged as the top city among all the metropolitan cities with a 12% growth (June 2023 vs. May 2023) in terms of the largest recruitment activity, mainly due to increased hiring of BPOs.
Larger cities such as Bangalore (+3%), Delhi NCR (+3%) and Mumbai (+4%) also saw a rebound in job demand. Ahmedabad grew by just 1%, while cities such as Hyderabad, Pune and Kochi reflected stable employment during the month.However, Coimbatore (-10%), a city that previously had a positive impact
Talent demand is recording a double-digit decline, followed by Chandigarh (-5%), Chennai (-1%) and Jaipur (-1%) in June 2023.
According to Foundit, India has a supply and demand gap in skills such as AI/ML, full-stack development, DevOps, cryptography, blockchain, and AR/VR.
Considering vacancies for the 2022-23 fiscal year, there is a stark gap of 21 percent between the supply of these skill-savvy talent, which is still considered to be in its infancy in India, and the demand for recruiters. exists.
Due to the economic uncertainty in the US and the resulting layoffs of engineers, many US-based Indian engineers are now looking for jobs in India and other countries. Nearly 14,000 new registrations have been recorded by Foundit from tech talent in the US willing to work, and about 4,000 active users are ready to move and work in India, while freelancing and gigging are on the rise. It turned out that some users were keen to explore the opportunities.
In the Indian brewing startup ecosystem, this talent pool could help Indian companies reach milestones efficiently and fill this skills gap.
