Pharma sector sees low hiring in August 2013

Hiring activity in the pharmaceutical sector has dipped by 14 per cent in August 2013 over July 2013. Uncertain economic conditions and low GDP growth in the country has marginally affected the hiring activity in the pharma sector in August 2013. The Naukri Job Speak index for the sector at 1386 in August-13 is 14 per cent lower than July 13. This indicates that recruiters of this sector are on a wait and watch mode and are certainly not going overboard with their hiring.

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Naukri.com, India’s No. 1 job site and the flagship brand of Info Edge introduced the concept of e-recruitment in India. Since its inception in 1997, Naukri.com has seen continued growth while outperforming its competitors in every sphere. Info Edge was the first Internet company to be listed in India. The site enjoys a traffic share consistently over 60 per cent as per the Comscore data. Naukri.com is a recruitment platform that provides hiring-related services to Corporates/ recruiters, placement agencies and to job seekers in India and overseas. It offers multiple products like Resume Database Access, listings and Response Management Tools. With 230000 jobs live at any point and over 33 million CV’s, Naukri.com serviced over 48000 corporate clients in 2012-2013. The company has over 2500 people operating through 57 offices in 36 cities in India and overseas offices in Dubai, Riyadh, Abu Dhabi and Bahrain.