Should India be able to decouple itself from US Subprime Impact?

Wednesday, September 12, 2007

India Inc all set to go on hiring spree

NEW DELHI: Driven largely by the needs of the services sector, India Inc is set to go on a hiring binge in the next three months, according to a survey by US based HR consultancy firm Manpower.
The country’s job market has reported a Net Employment Outlook (NEO) of +47% for the third quarter — the highest in three years. According to the survey, India continues to lead hiring trends in the Asia-Pacific region followed by Singapore (+42%), Australia, New Zealand and Hong Kong. India also has the third most optimistic employment outlook among the 27 nations surveyed.

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