Delhi-NCR remained numero uno in new job generation with maximum share of over 27 per cent compared to other cities across India during the first quarter (Q1) of the ongoing financial year (FY) 2013-14 while Mumbai’s share in generating new jobs sharply plummeted, an industry survey has revealed on Tuesday.
New jobs generation in the country’s commercial capital fell sharply by 28 percent during the first quarter of fiscal 2013-14 against the corresponding period last year, said ‘Job Trends Across Cities & Sector’, a study conducted by the Associated Chambers of Commerce & Industry (Assocham) released here Tuesday.
“Mumbai’s share in generating total number of new jobs across India fell from over 14 percent last year to just around 10 percent,” Assocham secretary general DS Rawat said while releasing the study. In contrast, Delhi-NCR remained numero uno in new job generation with a maximum share of over 27 percent as compared to other cities, Rawat said.
Referring to Mumbai, the study said that around 13,100 new jobs were generated here compared to 18,00 in Q1 last year, mostly in the IT, IT-enabled services (ITes) and hardware which accounted for 32 percent with banking, financial services, insurance (BFSI - 18 percent), academics (seven), advertising and event management (five), telecom and other manufacturing (four) and hospitality (three percent).
Sectors like engineering and construction, realty, automobiles, retail, infrastructure, human resources, FMCG and and others notched an insignificant increase in new jobs generation, it added.