"Make in India initiative which was the critical driver of employment sentiment over the past couple of half years seems to be losing its sheen. We are confident the buoyancy created will stabilise the market and lead to job creation," TeamLease Services Senior Vice President Kunal Sen said.6 per cent growth in jobs during April-September, says a report. On the functional front, sales, IT and blue collar profiles will benefit substantially from the net positive sentiment. The rush to acquire driving and delivery skills seems to be boosting the demand for blue collar jobs. According to the TeamLease Employment Outlook Report, the increase in consumer spending and the renewed focus on market expansion will have a positive impact on hiring.

However, manufacturing & engineering and infrastructure seem to be bearing the brunt of negative sentiment created by the slow progress of Make in India initiative. Tier II and III cities are also expected to contribute to the optimism as consumer spending in organised retail chains and e-commerce in these geographies are picking up steam. The study covered nine key industry verticals namely FMCG, manufacturing & engineering, BFSI, telecommunication, pharma & healthcare, IT, retail and e-commerce & technology startups across eight cities. New Delhi: E-commerce and tech startups are likely to Plain bearings dominate hiring landscape in the coming months as the sector is likely to witness a 23.

Hiring is largely clustered in metros and Tier I cities. In fact, the job market is maturing and giving way to business growth leading hiring. In terms of cities, except for Kolkata and Ahmedabad, most of the cities reported positive job outlook..According to the TeamLease Employment Outlook Report, the increase in consumer spending and the renewed focus on market expansion will have a positive impact on hiring