India will add 11.5 lakh jobs in H1 FY20: TeamLease report

As per the report, around 57 percent of industries are projected to witness an increase in their net employment outlook
India is expected to add 11.5 lakh jobs in the April to September period next year, according to a report by staffing firm TeamLease Services.
As per the report, around 57 percent of industries are projected to witness an increase in their net employment outlook. Travel and hospitality and BPO/ITeS, with a four percent rise, are the leading industries that will lead this optimism.
The positive outlook in the job market is attributed to increase in capex investments, revised foreign direct investment (FDI) regulations and new governance policies across sectors.
The report analyses functional and environmental aspects across 19 sectors and 14 geographies to provide an in-depth insight into hiring sentiment. It surveyed 775 enterprises in India and 85 employers across the globe to evaluate employment outlook trends. About 11 out of the 19 sectors surveyed project an increase in net employment outlook, while eight sectors anticipate a decrease in outlook.