Hiring in tier-2 cities showing consistent growth: foundit
Hiring in tier-2 cities has shown consistent growth compared to metropolitan areas, with cities such as Kochi, Coimbatore and Jaipur emerging as key hiring locations, according to Insights Tracker of talent platform foundit.
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The overall hiring index shifted to 295 in May 2024 from 265 in May 2023, and compared to the previous year, there was an 11% increase in hiring, indicating a substantial recovery in employment opportunities, showed the data from foundit (formerly Monster APAC & ME).
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«Tier-2 cities have showcased consistent upward trends, particularly driven by the production and manufacturing sector, where we are witnessing a surge in recruitment,” said Sekhar Garisa, CEO of foundit, a Quess company. “This can be attributed to several factors, including infrastructural development, favourable government policies and a burgeoning talent pool eager to contribute to India's industrial landscape. It's evident that tier-2 cities are becoming increasingly attractive hubs for businesses seeking expansion opportunities and tapping into diverse talent pools for sustainable growth.»
In terms of metro cities, Kolkata and Delhi-NCR stand out as leading hiring hubs on a year-on-year basis. While tier-2 cities have outperformed metro cities on a y-o-y
