Indian Employment Market

India is the third largest country, wherein, on an average every day nearly 7000 individuals get employed. Though India has still not reached the peak of granting employment to each individual of the country, it still has managed to obtain a control over growing unemployment. Unemployment in India sustained till 1997, the year after which globalization came into effect and employment also came with this. Globalization was one such factor of influence for Indian employment market, wherein doors to various employment opportunities were lined in front of the countrymen. Due to globalization, ‘The Human Resource’ department in India, also steadily caught a speed to its growth. The entry of MNCs and other international organizations led to a need for employees, which geared the HR department to work with extra efforts. In such cases, it led to the development of independent recruitment firms and franchise, which helped the HR sector to gain a prominent base in Indian economy.

Since 1997, Indian unemployment rate has been reduced from 35.6% to 4.6% in 2015. With the development of technology and other associative elements, employment in India also gained an upper hand and also the standard of living of individuals also improved. With the standard of living, Indian market was also opened to new fields and sectors such as Media, Entertainment, Pharmacy, and others. This boosted the growth in the education of these fields, learning the need of wanted employees for positions in respective sectors.

Recruitment consultants in India such as Shella Consultants have helped employees to choose the right path and get placed at the right position. Shella Consultants is also an international recruitment consultant, who have positioned employees at foreign places, with high salaries.  While there are thousands of recruitment service agencies placed in Mumbai, Shella Consultants make the best choice for employees to apply it.