Nevermind the ghost malls. Indian retailers set to step up hiring this year
NEW DELHI : More than half of Indian retailers (52%) are planning to onboard fresh graduates this year, while two out of five (38%) retailers are seeking to recruit experienced professionals, according to a report by staffing and recruitment firm GI Group. In 2023, the retail industry experienced an 8% rise in job applications, while demand surged by 18%, indicating a strong interest in retail hiring. This was driven by retailers continuing their expansion across tier-1 and tier-2 cities.
In fact, tier-1 cities witnessed the highest influx of applicants, accounting for 58.49% of the total, followed by tier-2 and tier-3 towns, according to the report. The report anticipates this distribution pattern to hold through this year, reflecting ongoing industry trends. Hiring trends are strongest in categories such as electronics and gadgets, followed by beauty and personal care, and fashion and lifestyle.
These trends are in line with changes in the retail market post-pandemic that saw more households buy appliances. Also read: Why a warm December has clothing retailers waiting for a summer comeback The beauty and personal care market has exploded too with several retailers including Reliance Retail, Shoppers Stop and Tata group companies having expanded their presence in the market for beauty retail, requiring more personnel. According to the report, 87% of retail applicants in 2023 were aged between 18 and 30, signaling a strong inclination among the youth towards careers in retail.
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