If you go by The 'Global Snapshot' from the international recruitment firm, Antal, hiring levels in India will remain relatively high- as much as 100% in the building material sector, 95% in real estate and 82% in FMCG.
Only the banking sector will reduce its demand for staff - only 30% of financial institutions questioned were recruiting now although 60% expected to next quarter.
The surprise element in this survey is the fact that the FMCG sector showing a strong hiring tendency.
Career & Development Blog post on hiring levels in India.
