Hiring activities improve in January driven by IT, BPO: Report

Hiring activities picked up in January compared to the year-ago period driven by information technology, BPO and other sectors, says a report.

Job portal Naukri.com on Tuesday said hiring activities rose significantly in Delhi-NCR and Mumbai.

Reflecting improved sentiments in the labour market, Naukri Job Speak Index climbed to 1,748 in January compared to 1,467 seen in January 2015.

"IT-software recorded an impressive 22% y-o-y growth, BPO/ITES has grown by 26%, auto/auto ancillary is up by 9% followed by banking and telecom at 6% and 5%, respectively," Naukri.com said in a release.

In terms of cities, Delhi-NCR saw maximum hiring activities last month, followed by Mumbai, Hyderabad and Bengaluru.

Naukri.com's Chief Sales Officer V Suresh said the job market continues to sustain the momentum with a 19% growth in January.

"As predicted earlier, apart from IT/ITES and banking, non-IT sectors like auto, auto ancillary and pharma are showing signs of revival. In my view, good times are ahead as all cities across the country have shown growth in January 2016," he noted.