Is banking sector top job provider?
The banking sector, which hired 16,200 people in the first quarter this fiscal, remained the biggest job provider in the country during the period, an industry lobby survey said.
The country's largest lender, State Bank of India, alone created 13,000jobs, while Danalakshmi Bank and Andhra Bank recruited 1,300 and 900 peoplerespectively, the survey by the Associated Chambers of Commerce and Industry(Assocham) said.
Yes Bank hired 1,000 people during the period .
Overall, the banking sector's share at fresh job announcements stood at42 percent, the survey said. The IT/IT enabled services (ITeS) sector was thesecond-highest employment generator, creating 12,200 jobs during the April-Junequarter, Assocham said.
Wipro Technologies, which announced to hire an additional 8,000 peopleby 2010, is the top job generator among IT/ITes firms. It was followed byInternet products firm Directi, which plans to raise its headcount to 2,000from 500 now in two years.
"Global demand for tech-services is propelling banking and IT/ITeSto emerge as the top employer, carving out a share of nearly 74 percent intotal hiring plans during first quarter of financial year 2009-10,"Assocham said.
Telecom sector with 5,460 job announcements stood at the third position.Other sectors that announced major hiring plans are: pharma (1,300 jobs), steel(600 jobs), aviation (500 jobs) and consumer durables (200 jobs).
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