India Inc likely to hire 23% more next year: Report

 Indian Inc expects a 23% increase in hiring next year, according to a survey.

"Indian employers across the major sectors forecast an overall increase of 23% in hiring outlook for the next year," said 'India Skills Report 2015', released at the Confederation of Indian Industries' (CII) Sixth Global Summit On Skill Development. The report is jointly prepared by global talent assessment company Wheebox, India's platform based multi-process HR outsourcing and recruitment company PeopleStrong and the world's largest professional online network Linkedin and CII.

Hospitality and travel sectors lead the way with an increase of over 50% in recruitment numbers in the coming year, the study said. These two sectors are closely followed by banking, financial services and insurance and core segments. The lowest growth in hiring is expected in manufacturing, telecom and pharma which seem to be directly correlated with the growth that companies in these sectors target, the study said.

It also said New Delhi and Mumbai are among the most preferred locations to operate. Apart from these two, Karnataka and Gujarat seem to rank higher as preferred locations, the study said. These two states are amongst the few states reforming policies to make it easier for corporates to set up operations, the report said.