The expected rebound in hiring will make India the third most optimistic market for skilled professionals behind Japan and Taiwan, the ManpowerGroup survey said.
"The Outlook in India has rebounded slightly from the prior quarter when Indian employers reported the weakest forecast since the survey started in 2005. Industry sector forecasts remain mostly weaker than year-ago levels, but improve by varying degrees in most sectors in a quarter-over-quarter comparison," the survey noted.
Employers from all four regions of the country are optimistic of increasing staffing levels, the report said, with the strongest labor market anticipated by employers in the North, who reported a Net Employment Outlook of +27 per cent. In the south, employers expect a favorable hiring pace outlook of 20 per cent, while "respectable" payroll gains of 15 per cent are anticipated in the West. Meanwhile, the most cautious regional Outlook of +7 per cent is reported in the East.
However, employers in the Wholesale & Retail Trade sector expect a slight decline of 2 percentage points, the survey showed.