HR services on a roll

The Indian HR industry, both staffing and services, has seen significant growth in the last few years and is poised to grow. A recent report on the HR industry in India reveals that permanent recruitment is estimated to be a Rs 30 billion market and HR consultants are increasingly been viewed as partners in an organisation's growth. The value of the search market, the report says, is in the range of Rs 6-7 billion and is largely dominated by global companies expanding into new sectors and geographies . Temporary recruitment market is estimated at Rs 172 billion with professional staffing at Rs 53 billion and general staffing at Rs 119 billion with companies having high margins (30-35 %).

Nikita Singh
PGDM-1st year