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Wednesday, April 27, 2005 

Chennai's the next big hub for IT jobs

If you have already packed your bags to move to Bangalore in search of the dream tech job? Here's an eye opener. Chennai is going to be the biggest job generator in the coming months. Not only this, Telecom followed by IT and ITeS will remain active in hiring.

The latest Ma Foi Employment Survey (MEtS) April – June 2005 revealed the hiring trends in India recently. MEtS is a Quarterly study on Indian employment trends and opportunities conducted by Ma Foi Management Consultants Ltd.

This quarter’s study has covered 2047 employers across 17 sectors in Products and Services category. This quarter’s specific focus is on Training at Workplace.

The survey provides a unique indice Ma Foi Employment Index (MEI). MEI measures the pace of recruitment activity/ hiring needs of the employers and indicates the prospective net percentage growth in employment over the present levels.

Hot states

South tops the MEI index followed by West, North and Eastern regions. The top five states for the quarter are Tamil Nadu, Andhra Pradesh, Gujarat, Maharashtra and Haryana and the top five cities are Chennai, Hyderabad, Ahmedabad, Pune and Mumbai.

The survey also indicates that, overall hiring has dipped as compared to last quarter. The reason is due to a general slow down in hiring trends seen across the country due to financial year-end and hiring plans for the year not yet being firmed by the companies.

Hot sectors
Telecom and IT maintained Telecom sector ranks as the first closely followed by IT and ITES in the second and third places. The others are Retail, Pharmaceutical, Hospitality, Transport & Logistics, Print Media & Entertainment, Infrastructure and Textiles.

MEtS indicates that India, Inc. considers training as low priority with employee training averaging at about 6.28 hours per person per annum across all sectors as against desired benchmark of 5 to 7 days.

An average of 6.28 man-hours of training is imparted per employee per annum. There is a wide divergence between various industry segments on training inputs given to their employees and generally considered a low priority.

Greater focus is provided to function specific training as against generic training. All sectors especially IT & ITES, BFSI Auto & Auto ancillaries, Education, Training & Consulting and Textiles have a very high focus on functional/role specific training

http://economictimes.indiatimes.com/articleshow/1089632.cms

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