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Manufacturing and Service Sectors Actively Hiring in 2023

It is 2023 and the demand for skills and jobs has increased. According to a TeamLease Employment Outlook report it is now visible that about 97% of employers across cities have expressed higher interest in hiring for their corresponding sectors. In India currently, jobs that are focused on business growth and acquisition of new customers are on the higher end of growth this includes sectors such as sales development, demand generation, and business development. 

The TeamLease Employment survey was based on responses accumulated from 874 small, medium, and large enterprises with nine of them in manufacturing industries, while the other 14 companies were based out of service industries. According to the report, there is also a positive outlook for e-commerce, telecom, healthcare and pharmaceuticals, FMCG, EV, and infrastructure and educational services on the hiring front. 

Here are some of the highlights that can be visible according to the report:

  • About 9 out of 10 manufacturing companies in Bengaluru, Chennai, and New Delhi are looking forward to hiring this quarter
  • While about 9 out of 10 service sector firms in Chennai, Delhi, Hyderabad, and Mumbai are also looking forward to recruiting new people. 
  • There are also about 7 out of 10 companies in both sectors that are both in manufacturing and service sectors in Tier 2 cities like Ahmedabad, Nagpur, Gurgaon, Kochi, Coimbatore, and Indore are looking to hire.
  • Most of the employers have also hired for both manufacturing and service sectors from Tier 2 cities in this quarter. 

According to the CEO of TeamLease services, Kartik Narayan, “Factors like favorable government policies and greater participation of private players have contributed to this positive hiring sentiment.”

With such an increase in the hiring front and demand being higher it is anticipated that 2023 going further will also see a lot of opportunities popping up. If you are curious as to what other opportunities along with sectors are going to open up, then do check out our latest Industry report on Hiring Trends 2023

Also, do check out our latest LinkedIn post to know more about the opportunities both in USA and India that are currently available and how can you optimize your job search to the maximum potential!


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