Source | economictimes.indiatimes.com | Rica Bhattacharyya, ET Bureau
Global capability centres (GCCs) of multinationals in India have ramped up their talent search this fiscal year even as recessionary pressures and macroeconomic headwinds keep hiring muted in the West, said top industry officials.
The in-house units of global companies in India across sectors such as banking, financial services and insurance (BFSI), pharmaceuticals, retail, energy, automotive and telecom are set to clock half a million gross hires, including attrition refills, this fiscal year, according to data from specialist staffing firm Xpheno. They are looking to meet the talent demand emerging from new GCCs and the expansion of existing centres.
Net headcount growth for FY24 is estimated to cross 200,000 against 150,000 net additions each in the previous two financial years, show data based on current active openings and ongoing hiring negotiations.