India Inc on recovery path; 53% companies to raise headcount in 2021: Report

Even as India’s hiring activities declined last year due to the coronavirus pandemic, there is a sudden increase in demand with about 53 per cent of companies saying they are planning to increase their headcounts in 2021, according to a survey.

The pandemic adversely impacted economies across Asia-Pacific, including India, which had entered 2020 with robust hiring activities, according to professional recruitment services firm Michael Page India’s ‘Talent Trends 2021 Report’.

The survey-based report, however, added that optimism is already starting to show, with about 53 per cent of companies in India looking to increase their headcounts in 2021.

Michael Page India Managing Director Nicolas Dumoulin said, “Technology and healthcare sectors witnessed significant activity even during the lockdown phase given the sudden increase in demand for relevant talent across functions.”