From Our Special Correspondent
Daijiworld Media Network - Bangalore
Bangalore, Oct 15: Information technology (IT), IT enabled services (ITeS) and IT hardware sector accounted for a lion’s share of 67 per cent in the total new jobs generated in Bangalore during the second quarter (July to September) during the current financial year.
According to a sector-specific analysis on ‘Job Trends Across Cities & Sectors,’ conducted by The Associated Chambers of Commerce and Industry of India (ASSOCHAM), over 14,000 new jobs were created during the period as against over 10,600 new jobs generated in the sector in the previous quarter, thereby registering a quarter-over-quarter growth rate of over 30 per cent.
The new job generation in Bangalore during the second quarter (July-September) of the current financial year has surged by 12.3 per cent as against the previous quarter (April-June), apex industry body ASSOCHAM said.
With over 21,000 new job opportunities created in various sectors across Bangalore during second of the current financial year, the new job generation in city has increased significantly from over 18,700 new jobs generated during the previous quarter, the study said.
“A total of over 1.36 lakh new jobs were generated in various sectors across India during the second quarter of the financial year, which increased from over 1.25 lakh new jobs that were generated during the first quarter and top five metros of Bangalore, Chennai, Delhi-NCR, Kolkata and Mumbai together accounting for about 61 per cent of these new jobs,” said D S Rawat, secretary general of ASSOCHAM while releasing the chamber’s analysis.
Mangalore Sees Decline
Mangalore and Kota have seen a decline in new job generation, the study said.
Acquiring a share of over 15 per cent in total number of new jobs generated across cities and sectors in India, Bangalore has emerged as second most significant employment hub after Delhi-NCR (national capital region) which remained on top with highest share of about 24 per cent, however new job generation in Delhi-NCR plummeted by over 5 per cent during the aforesaid period, said Rawat.
Sector-wise the construction and engineering sector ranked second thereby generating over 1,400 new jobs in Bangalore followed by banking, financial services and insurance (BFSI) which created over 1,000 jobs, academics (729 new jobs) and telecom (700 new jobs). While, biotechnology and pharma, energy, merchandising, media, research and consultancy were certain sectors that registered a growth in new job generation in the city.
Amid other tier I centres, registering quarter-over-quarter growth rate of over 11 per cent and 9 per cent, Mumbai (14,649 new jobs) and Chennai (8,786 new jobs) respectively have recorded a surge in job generation during the course of past three months, highlighted the analysis.
Kolkata has registered a decline of about 2 per cent as over 6,400 new jobs were generated in the second quarter as against 6,500 new jobs in the first quarter.
IT, ITeS, Hardware Sector Tops
With over 58,000 new jobs, IT, ITeS and IT hardware sector has garnered the highest share of over 42 per cent in the new job generation and the sector has clocked an overall growth rate of over 12 per cent in the second quarter as the sector together had created over 49,500 new jobs in the previous quarter, said Rawat.
The BFSI has ranked as second highest job generating sector with over 22,900 new jobs and the Construction and engineering sector together has generated over 7,200 new jobs and thereby registering a growth rate of over 10.5 per cent, highlighted the ASSOCHAM analysis.
Telecom, civil aviation, pharma and bio-technology, fast moving consumer goods (FMCG), energy, hospitality, advertising and event management, sports, merchandising, other manufacturing, automobile, research and consultancy are amid other significant sectors that have seen a surge in employment generation.
While academics and education, real estate, agriculture and allied activities, architecture, gems and jewellery, human resource (HR), infrastructure, logistics, media, retail, textile and warehousing are certain sectors that have registered a dip in new job generation in the second quarter, ASSOCHAM said.
Pune Records Massive Surge
Amid other tier I centres, Pune has seen massive surge in new job generation of about 40 per cent during the aforesaid period apart from Ahmedabad (over 31 per cent rise), Surat (24 per cent rise) and Hyderabad (16.5 per cent rise).
While in the tier II category the cities of Amritsar, Allahabad, Aurangabad, Bhopal, Chandigarh, Dhanbad, Guwahati, Gwalior, Indore, Jaipur, Jamshedpur, Nagpur, Patna, Raipur, Ranchi, Vizag, Vijaywada and Vadodra have seen a rise in new job generation.
But Coimbatore, Gandhinagar, Kanpur, Lucknow, Ludhiana and Meerut have registered a decline in new job generation, highlighted the ASSOCHAM analysis
In the tier III category – Agra, Dehradun, Jalandhar, Jammu, Mysore, Panjim, Patiala and Vellore -- have registered an increase in new job generatio
The ASSOCHAM team tracked the data on a daily basis for vacancies posted by over 3,000 companies on various job portals, advertisements in job supplements of national and regional dailies and news journals for 56 cities and 32 sectors offering employment opportunities across India.