PTI

Bengaluru, September 15

Driven by the expansion within the IT, ecommerce, FMCG and different allied sectors, Bengaluru has emerged as the highest metropolis in India with the best intent to rent within the second quarter of the present monetary 12 months, a report stated on Thursday.

In the July to September quarter, in accordance with the ‘Employment Outlook Report’ of HR firm TeamLease Services, 95 per cent of employers expressed the intent to rent extra, in comparison with 91 per cent within the April to June interval.

From a pan-India perspective, 61 per cent of India Inc have been eager to rent through the interval (a seven per cent improve over final quarter).

In Bengaluru, manufacturing and providers have each confirmed constructive intent to rent.

In the manufacturing sector, main industries have been FMCG (48 per cent), Healthcare & Pharmaceuticals (43), Manufacturing, Engineering & Infrastructure (38), Power & Energy (34) and Agriculture & Agrochemicals (30).

From the providers sector perspective, leadings industries included Information Technology (97 per cent), Ecommerce & Allied Start-ups (85), Education Services (70), Telecommunications (60), Retail (Essential) (64), Retail (Non-Essential) (30), and Financial Services (55).

Sharing his views, Chief Business Officer, TeamLease Services, Mahesh Bhatt stated during the last decade, Bangaluru as a market has seen exponential progress throughout industries, particularly with the emergence of many new age internet-based corporations offering diverse worth pushed providers and merchandise.

“This positive growth momentum has led to an influx of employment opportunities across roles and sectors. More employers are keen to increase their resource pool and are also inclined to pay higher remunerations. In fact, in the coming quarters, hiring intent is further expected to be 97 per cent,” he stated.