₹5 trillion worth of fresh capital investment plans, up 10% from a year earlier, according to data compiled by the Centre for Monitoring Indian Economy’s project-tracking database. However, some recruiters said while Indian companies are optimistic, their intent to hire needs to translate into actual numbers.
“There is optimism from construction, engineering and pharmaceuticals firms but the mandates have to result in offers. Only then can we confirm on seeing green shoots," Aditya Narayan Mishra, chief executive, CIEL HR Services, said.
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