Skip to main content

Ahmedabad, Surat, Vadodara see massive decline in job creation

By A Representative
The new job generation in Ahmedabad has declined by a whopping 19 per cent during the first quarter (Q1) of the ongoing financial year (FY) 2013-14 as against the corresponding period last year, according to a just concluded analysis carried out by apex industry body ASSOCHAM. “Even Ahmedabad’s share in total number of new jobs generated across India has plummeted from over three per cent a year ago to just over 2.5 per cent, while Delhi-NCR (national capital region) has remained numero uno in new job generation with maximum share of over 27 per cent compared to other cities across India,” according to a sector-specific analysis titled ‘Job Trends Across Cities & Sectors,’ conducted by The Associated Chambers of Commerce and Industry of India (ASSOCHAM).A total of over 3,100 new jobs were generated in Ahmedabad during the first quarter of the current financial year as against over 3,900 jobs in the Q1 of the last financial year, highlighted the ASSOCHAM analysis. With a share of over 29 per cent, the information technology (IT), information technology enabled services (ITeS) and hardware sector together accounts for maximum share in the new jobs generated across Ahmedabad followed by banking, financial services and insurance (BFSI) sector (18 per cent share), other manufacturing (nine per cent share), academics (six per cent share) and automobile, engineering and hospitality sector (each with four per cent share).
While sectors like retail, infrastructure, human resources (HR), fast moving consumer goods (FMCG) and others have lost their sheen with insignificant share in the new jobs generated across Ahmedabad. “A total of over 1,25,500 new jobs were generated across India during the first quarter of the current financial year,” said D.S. Rawat, national secretary general of ASSOCHAM while releasing the chamber’s analysis. However, the new job generation growth in India during this period has declined marginally by about two per cent as over 1,27,700 new jobs were generated during the corresponding period last year.”
“IT, ITeS and hardware together have garnered maximum sector-wise share of over 39 per cent in the total new jobs generated across India,” said Mr Rawat. “BFSI sector accounts for the second highest share of about 14 per cent followed by academics which accounts for over 11 per cent share.” While the sectors like real estate, hospitality, human resources (HR), FMCG (fast moving consumer goods), construction and engineering, automobile, telecom and other manufacturing each account for a share between 2-5 per cent.
Surat has also seen massive decline of about 38 per cent in new job generation and accounts for less than 0.5 per cent share in total job generation in India in Q1 of FY ’13-14. New job generation in Vadodara has also declined by about 37 per cent and the city accounts for less than one per cent share in total new jobs generated across India. The new job generation growth in Mumbai has also declined by a whopping 28 per cent during the aforesaid period and even the share of India’s financial capital in this regard has dipped from over 14 per cent a year ago to just over 10 per cent, highlighted the ASSOCHAM analysis.
Amid other tier 1 cities, Kolkata has seen a significant surge of over 19 per cent in the new job generation. While, Bangalore has seen a surge of about seven per cent. The number of new jobs generated in Chennai has seen a huge decline of over 21 per cent i.e. from over 10,200 jobs in the first quarter of the previous financial year to just over 8,000 jobs in the current financial year. While, the job scenario in Hyderabad has also taken a hit as the there has been a dip of about five per cent in the Y-o-Y growth of new jobs in the city.
“Overall, these numbers portray a dull job market owing to on-going global economic slowdown,” said Rawat. “Though the hiring trend activity has put up a dismal show during the first quarter of the current financial year, the industry is hopeful that job market will pick up second quarter onwards.” In the tier 2 category, Lucknow has registered massive growth of over 58 per cent in number of new jobs generated during the Q1 of FY 2013-14 as against the corresponding period of last year. Even Kanpur has seen huge surge in new job generation growth to the tune of over 53 per cent followed by Kochi which has seen over 45 per cent growth, Nagpur (27 per cent), Gandhinagar (17 per cent) and Jaipur (16 per cent).
While, tier 2 cities of Indore (23 per cent) and Bhopal (12 per cent) have seen significant decline in job creation. In the tier 3 category, Bhubaneswar has seen maximum surge of over 37 per cent in the new job generation followed by Raipur (32 per cent), Meerut (21 per cent) and Ranchi (10 per cent). While the tier 3 cities of Guwahati (48 per cent), Patna (29 per cent) and Amritsar (21 per cent) have seen a dip in job generation.
The ASSOCHAM team tracked the data on a daily basis for vacancies posted by over 3,000 companies on various job portals, advertisements in job supplements of national and regional dailies and news journals for 56 cities and 32 sectors offering employment opportunities across India.

Comments

Post a Comment

TRENDING

Manufacturing, services: India's low-skill, middle-skill labour remains underemployed

By Francis Kuriakose* The Indian economy was in a state of deceleration well before Covid-19 made its impact in early 2020. This can be inferred from the declining trends of four important macroeconomic variables that indicate the health of the economy in the last quarter of 2019.
Post a Comment
»

Why Indo-Pak relations have been on 'knife’s edge' , hostilities may remain for long

By Utkarsh Bajpai*  The past few decades have seen strides being made in all aspects of life – from sticks and stones to weaponry. The extreme case of this phenomenon has been nuclear weapons. The menace caused by nuclear weapons in the past is unforgettable. Images of Hiroshima and Nagasaki from 1945 come to mind, after the United States dropped two atomic bombs on the cities.
Post a Comment
»

Civil society flags widespread violations of land acquisition Act before Parliamentary panel

By Jag Jivan   Civil society organisations and stakeholders from across India have presented stark evidence before the Parliamentary Standing Committee on Rural Development and Panchayati Raj , alleging systemic violations of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (RFCTLARR) Act, 2013 , particularly in Scheduled Areas and tribal regions.
Post a Comment
»

Food security? Gujarat govt puts more than 5 lakh ration cards in the 'silent' category

By Pankti Jog* A new statistical report uploaded by the Gujarat government on the national food security portal shows that ensuring food security for the marginalized community is still not a priority of the state. The statistical report, uploaded on December 24, highlights many weaknesses in implementing the National Food Security Act (NFSA) in state.
Post a Comment
»

Incarceration of Prof Saibaba 'revives' the question: What is crime, who is criminal?

By Kunal Pant* In 2016, a Supreme Court Judge asked the state of Maharashtra, “Do you want to extract a pound of flesh?” The statement was directed against the state for contesting the bail plea of Delhi University Professor GN Saibaba. Saibaba was arrested in 2014, a justification for which was to prevent him from committing what the police called “anti-national activities.”
Post a Comment
»

The soundtrack of resistance: How 'Sada Sada Ya Nabi' is fueling the Iran war

​ By Syed Ali Mujtaba*  ​The Persian track “ Sada Sada Ya Nabi ye ” by Hossein Sotoodeh has taken the world by storm. This viral media has cut across linguistic barriers to achieve cult status, reaching over 10 million views. The electrifying music and passionate rendition by the Iranian singer have resonated across the globe, particularly as the high-intensity military conflict involving Iran entered its second month in March 2026.
Post a Comment
»

Concentration of wealth in India at levels 'comparable to colonial times', says new report

By Jag Jivan  A new report published in March 2026 by the Centre for Financial Accountability and the Tax The Top campaign paints a stark picture of deepening economic disparity in India, documenting a concentration of wealth that it argues is “comparable to colonial times.” Titled Wealth Tracker India | Tax the Top. Close the Gap , the compilation presents data from the World Inequality Database and the Hurun Rich List to illustrate the meteoric rise of the ultra-wealthy alongside the stagnation and debt burdens of the majority.
Post a Comment
»

Protesters in UK cities voice concerns over alleged developments in Bastar region

By A Representative   Demonstrations were held across several cities in the United Kingdom on March 28, as groups and activists gathered to protest what they described as state actions in India under the reported “Operation Kagar.”
Post a Comment
»

Beneath the stone: Revisiting the New Jersey mandir controversy

By Rajiv Shah  A recent report published in the British media outlet The Guardian , titled “Workers carved the largest modern Hindu temple in the west. Now, some have incurable lung disease,” took me back to my visits to the New Jersey mandir —first in 2022, when it was still under construction, though parts of it were open to visitors, and again in 2024, after its completion.
Post a Comment
»