Contrary to the popular belief, Indian companies have not called a freeze in their recruitment process. It's not only the jobs, but the increments also are on a rise, report CNBC-TV18's Mitra Joshi and Shruti Rajkumar.
US President Barack Obama has been fighting to stop the rise of unemployment in his country, but Prime Minister Manmohan Singh has nothing to worry on that front.
Even though the market conditions are not favourable in the current scenario, the experts believe that hiring has been taking place in full swing in sectors like retail, hospitality, IT, pharma and engineering. Opportunities are available in both rural and urban areas of the country.
In banking, ICICI Bank will recruit nearly 6,000 people at the entry level this year.
The FMCG giant HUL added approximately 40-50 management trainees in different divisions of the company every year. The company has also recruited 700-1,000 people in factories every year.
Insurance major HDFC Standard Life hired 2,000 people in the first six months of the year and is not done with its recruitment drive.
Telecom giant Bharti Airtel recently hired 80 people from campus interviews and the hiring for 2011 continues.
The companies are not holding back on increments either.
Pankaj Bansal, chief executive officer of Peoplestrong HR Services said,
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