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August 12 2013

New Delhi Job Market Strong but South and West Sluggish

New Delhi and the National Capital Region (NCR) produced the best employment results, between April and June 2013, with 27% of the job market share, according to the Associated Chambers of Commerce and Industry of India. New Delhi-NCR generated over 34,000 jobs in Q1 2013, a year-on-year increase of approximately +16%. IT, Information Technology-enabled Services (ITeS), and hardware sectors created 47% of the jobs in New Delhi-NCR. Academic appointments accounted for the second most successful sector with 14% of the market share, followed by banking, insurance and financial services with over 6%. Kolkata was another high performing region with the second highest job creation numbers. New jobs totaled 6,500, a year-on-year increase of 1,000 jobs. IT, ITeS, and hardware sectors again created the most jobs with a 38% market share in the region. Bangalore recorded a +7% increase in new jobs number during the same period. New job figures in Chennai dropped by -21% year-on-year, with 2,200 fewer jobs created. Mumbai experienced the biggest decline in number of jobs created, falling -28% compared with last year.