India’s White Collar Hiring Rise 2% in September as AI/ML Hiring Jumps 20%

White-collar hiring remained mostly steady in September, with the Naukri JobSpeak Index rising to 3,053 from 3,002 a year earlier. The index is based on job postings and recruiter searches on Naukri.com. 

AI/ML hiring was the biggest driver of growth during the month, while the auto sector also saw a rise in hiring. 

AI/ML Hiring Rises 20% 

AI/ML jobs grew 20% year-on-year in September. Hiring in the auto sector increased 11%. 

BPO/ITES and GCC hiring both rose 4% during the month. Insurance, retail, banking and financial services, and real estate hiring remained largely stable. 

Hiring declined by 4% each in IT/software services, pharma/biotech and FMCG, while healthcare hiring fell 3%. 

Hyderabad Leads Metro Hiring 

Hyderabad recorded 9% growth in hiring among major cities in September. Chennai followed with 6%, while Bengaluru and Kolkata grew 4% each. 

Pune remained stable during the month. Hiring in both Delhi-NCR and Mumbai fell 6%. 

Hiring across emerging cities remained largely flat in September. 

Naukri JobSpeak Index at 3,053 

The Naukri JobSpeak Index tracks hiring activity in India based on new job postings, including free listings, and recruiter searches on Naukri.com. 

The index stood at 3,053 in September, compared with 3,002 in the same month last year, marking a 2% year-on-year increase. 

Read More: Wipro Share Price in Focus; CTO Says AI Productivity Gains Equivalent to 20,000 Workers! 

Conclusion 

India’s white-collar hiring grew 2% in September, with AI/ML hiring rising 20% and the auto sector growing 11%. Hyderabad recorded the highest growth among major cities, while Mumbai and Delhi-NCR saw a 6% decline each. Hiring remained mixed across sectors, with some areas growing while IT/software services, pharma/biotech, FMCG and healthcare recorded declines. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.