|
The Proliferation of the Job Market The Indian job market through the decades has gone through several upsides and downslides which could be ascribed to the fluctuating economy of the country. There was a time during the 1970’s when aspiring youngsters who had graduated from Universities were considered to be well qualified personnel to be offered excellent job offers. Of course, those graduating from premier institutions such as the Indian Institutes of Technology, Indian Institute of Science and the Indian Institute of Management were considered to be a rarity. The students graduating from these institutions were considered to prized assets for any corporate organization. However, IIM and IIT graduates were keen on seeking jobs in the developed countries in the West which led to a colossal brain drain. Some of the most precious talent was moving towards the western countries hoping to earn their salary in foreign currency and live a better qualitative life in other foreign countries. The Present State of Affairs The present day circumstances in the job market in the country have signaled India to emerge as a market leader in terms of the excellent employment opportunities that it has been responsible in stemming the extensive brain drain from the country to a considerable extent. On the other hand, the talent that had migrated to the west has started returning back to their home country. Indian corporate organizations have become a huge draw for the brilliant minded people since they offer them not only lucrative jobs but also an environment that is conducive and self-satisfying. It would be pertinent to mention that although there has been a significant increase in the job market, the academic standards too have increased where companies are looking for enhanced academic excellence. Today, almost all corporate organizations prefer candidates to be at least graduates from IIMs and IITs specifically in the technical and management areas. The Globalization of the Industry Over the last few years, there has been a rapid advancement in the globalization where multinational companies have set up their operations in India through joint ventures. A large number of foreign based companies have set up base both in the manufacturing and service sectors of the industry. India being a labor intensive country, where labor comes in cheaper as compared to other countries throughout the world which has attracted several multinational companies to invest their resources and reap high profits at a nominal cost. An Upsurge in Employment Opportunities One of the major factors responsible for the emerging trends in the Indian job market is the high soaring economy in the country. The upward surge in the employment opportunities is the remarkable growth of all sectors of the economy that would provide ground breaking acceleration. There is hardly any doubt that this terrific development would influence the overall image of India on the world map within the forthcoming years. ---- Richard is a freelancer writer and has many years of experience writing resumes. He now writes web content for Submit Resume. Submit Resume is a free job postings site that free for employers as well as people seeking a job. Whether you are looking for IT jobs or other jobs you are welcome to submit your resume at the website.
Related Articles -
Free Job Postings, Jobs in india, IT Jobs, Government Jobs,
| 
