‘Startup hiring surges in India, freshers to grab 53% jobs’

The Indian startup ecosystem saw a 37 per cent increase in the number of new companies in April, leading to a 14 per cent surge in the number of jobs, a report showed on Thursday. Nearly 53 per cent of all startup jobs are directed towards freshers, according to the report by talent platform foundit (formerly Monster APAC & ME).

Overall hiring activity witnessed a 9 per cent monthly uptick and a 9 per cent yearly increase.

“Additionally, the production and manufacturing sector has witnessed a remarkable 31 per cent year-on-year surge in hiring,” said Sekhar Garisa, CEO, foundit.