December 30, 2011 (Powerhomebiz.com) According to a recent survey by the Manpower Group, Indian companies were the most bullish on hiring amongst 41 countries. This survey has been another testimony to the optimistic nature of the Indian job market. In fact many recruiters feel that despite the fears of a slowdown, professionals in India are hoping for a considerable salary hike in the New Year and have also been increasing their demands for taking up new jobs.
According to IndiaCompanySetup.com (indiacompanysetup.com) the expectations of professionals in India is in contrast to the economic mood in the country. Although India has been growing at over 7 per cent over the past few years, recent news of an economic slowdown and growth dropping to 6.9 percent had dampened the mood slightly. There are also growing concerns over slowdown in the industrial output as well as impact of the ongoing economic crisis in Europe in the country. Already the Indian Rupee has been the worst performing currency in Asia losing as much as 15 per cent value to the USdollar in 2011.
However, when it comes to jobs, India is one of the most optimistic countries in the world and there are not much fears of job losses or slowdown in job opportunities. India is also witnessing a growing number of expats living and working in the country. Traditionally, places like Singapore and Hong Kong were preferred by expats in Asia but of late India has also entered the race for high skilled expats with years of experience preferring to work in the country.
As per IndiaCompanySetup.com, the best news is that the numbers of entrepreneurs in India were growing exponentially and several homegrown innovative companies have come to the forefront in the country in the past few years. These companies have been growing quite fast and creating anumber of job opportunities for skilled professionals. Also at the same time, foreign company activity in India has risen exponentially and will rise even further in the coming years. All this has resulted in a healthy job market especially if you have the right skills and good educational background.
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