Employment in India’s pharma, IT and FMCG sectors rose in June: Report

New Delhi, July 1 (IANS): Recruiting activity increased in key sectors such as pharmaceuticals/biotech (6%), AI-ML (20%) and fast-moving consumer goods (FMCG) (12%) in June, according to a new report published on Monday.

According to the Naukri JobSpeak Index, pharma/biotech employment has shown resilience, with notable growth in cities like Hyderabad (18%), Baroda (27%) and Mumbai (14%).

The employees were dominated by specialists with over 16 years of experience, which contributed to a significant increase of 58% compared to the previous year.

“Gujarat has been a ray of hope in a turbulent market and now we are happy to see emerging cities of Rajasthan like Jodhpur and Udaipur joining the fray,” said Dr. Pawan Goyal, Chief Business Officer, Naukri.com.

In the IT sector, the bright spots were Jaipur (16%), Kochi (6%) and Delhi-NCR (4%).

According to the report, smaller start-ups saw little employment, while unicorns saw an astonishing 30 percent increase.

Maintaining its momentum, the fast-moving consumer goods (FMCG) sector was supported by strong performance in Bengaluru (24%), Delhi (23%) and Mumbai (34%).

According to the report, there was a slight increase of 3% among new employees, while among specialists with over 16 years of experience the increase was as high as 41%.