What Businesses Need to Know About the Indian Job Market: Decoding Jobs 2023

GURUGRAM, India - March 21, 2023 - PRLog -- Over the past few years, India's labour market has undergone major changes, and this trend is only expected to continue. Keeping up with the fast evolving employment market is difficult for many professionals due to automation, digitization, and shifting skill needs. In order to shed light on the evolving employment market and recruiting trends in India, Taggd has released a report titled Decoding Jobs 2023 India.
The analysis predicts that the job market in India would expand significantly over the next few years as a result of factors including digitization, automation, and the growth of the gig economy. The research also lists the important industries and employment categories that are anticipated to develop most significantly.
The analysis predicts that the job market in India would expand significantly over the next few years as a result of factors including digitization, automation, and the growth of the gig economy. The research also lists the important industries and employment categories that are anticipated to develop most significantly.

Highlights from the IT Industry

It is anticipated that the IT industry would continue to dominate the Indian labour market, with positions like software engineers, data analysts, and cybersecurity specialists still in great demand. The research also emphasises the growth potential in cutting-edge industries like blockchain, machine learning, and artificial intelligence.

Overview of the Healthcare Sector

The demand for healthcare workers like doctors, nurses, and healthcare technicians is predicted to rise along with the sector's expected strong expansion. The research also emphasises how important data analytics and health IT expertise are becoming to the healthcare sector.

Key Points from the BFSI Industry

The BFSI sector will continue to have a significant impact on the Indian labour market, and there will be a significant demand for finance professionals such as accountants, financial analysts, and investment bankers. The research also highlights the growing need for FinTech and digital banking specialists.

About Decoding Jobs Report

The Decoding Jobs Report, produced annually by Taggd in collaboration with the Confederation of Indian Industry, is a collection of two distinct qualitative and quantitative studies (CII). The 2019 publication of the Decoding Jobs India Report aims to understand hiring intentions across seven significant non-farm organised sectors, track changes in the job market in each sector, and present the perspectives of key players in the job ecosystem, including the government, academia, and business.

The full report is available at: https://taggd.in/sectoral-report/decoding-jobs-2023-india...