Delhi-NCR tops job creation among 8 cities in Q4 of FY16, created more than 2.6 lakh new jobs : ASSOCHAM study

Delhi-NCR (National Capital Region) has emerged as the leader is creating the highest number of jobs during the fourth quarter of the last fiscal, an ASSOCHAM. The region generated over 2.6 lakh new jobs while a total of 8.5 lakh jobs were created in eight major new cities , the study said.

Garnering over one-fourth share of the total number of new jobs generated across India, Delhi-NCR emerged on top with over 2.6 lakh new jobs created during January to March 2016, followed by Bengaluru (1.9 lakh), Mumbai (1.5 lakh), Chennai (82.2 thousand) and Hyderabad (60 thousand). About 88.9% of job openings have been recorded in these top five cities, said the ASSOCHAM placement study.

“Among top metro cities, Delhi-NCR had maximum share of over 30.1% in job creation while Bengaluru witnessed a 23.4% contribution in job creation, followed by Mumbai with 18.6%,” said D S Rawat, secretary general of ASSOCHAM. Other major cities that have recorded significant job openings during January to March 2016 are Pune (49.2 thousand), Kolkata (25.2 thousand) and Ahmedabad (20.5 thousand), highlighted the study.

Information technology (IT), IT-enabled services (ITeS) and the IT hardware sector together accounted for a majority share of about 60.6% in the total number of new jobs generated across sectors during January – March 2016, while services has ranked second with 17.6% share followed by manufacturing (9.4%), banking, financial services & insurance (7.6%) and construction & real estate (3.2%) in total employment generation in July, says the chamber study.

A total of over 8,50,000 lakhs new jobs were generated across India during the last quarter of 2016, the Associated Chambers of Commerce and Industry of India (ASSOCHAM) said in a release.

However, banking, construction, financial services, fast moving consumer goods (FMCG), human resources (HR), manufacturing, advertising, event management, real estate, retail and telecom are the other sectors which created job opportunities during 2016.

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