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Recruitment in the startup sector has grown by 32% annually, with Indore, Lucknow, and Coimbatore leading the way
Jobs In Startup: The startup sector has seen 32 per cent more recruitments on an annual basis. Tier-2 cities are also expanding strongly. IT services are at the forefront of jobs being offered in different sectors. Sectors like media and entertainment and education/e-learning have seen a decline. Cities like Indore, Lucknow and Coimbatore are at the forefront of recruitments in startups.
The startup ecosystem of the country has experienced 32% more annual recruitments. In the last three months, there has been a 12% increase. India's organized jobs market remains robust as it has recorded an 18% annual growth.
According to the report, this pace of recruitment has been further strengthened by a 22% increase in new startup registrations in the last one year. There has been a major change in the way startups expand. Growth is no longer limited to major metropolitan areas. Tier-2 cities are also seeing strong expansion.
There is more focus on the recruitment of experienced professionals, demonstrating a strategic approach to sustainability in the long term. IT services take the lead in 32% of startup recruitment, a rise in 2024 to 23%. Hiring in startups in the healthcare sector has risen to 9% from 6%.
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