Bengaluru, India – A recent report by TeamLease EdTech has revealed a surge in hiring intentions for fresh graduates in the latter half of 2024. The survey, conducted across over 603 Indian companies, found that a whopping 72% of employers are planning to recruit new talent. This represents a significant increase compared to previous periods, indicating a positive outlook for the job market.
E-commerce and technology start-ups are emerging as the top industries driving this hiring spree. With 61% of employers in these sectors planning to recruit fresh graduates, it’s clear that the tech industry is expanding rapidly and creating new opportunities for young professionals.
Shantanu Rooj, Founder and CEO of TeamLease EdTech, expressed optimism about this trend, stating that the increase in hiring intent is a “positive sign” reflecting growing confidence among employers. He highlighted the valuable opportunities that this presents for fresh talent entering the workforce.
The report also emphasizes the importance of industry-academia collaboration in ensuring that graduates possess the skills needed to succeed in today’s competitive job market. By aligning educational programs with the demands of the industry, institutions can better prepare students for successful careers.