A large number of Indians are optimistic about the employment scenario in the country, a survey says.
"About 40 per cent of respondents believe that the job opportunities in India are good," Michael Page's second India Job Confidence Index for fourth quarter of 2015, released today, said.
India fares better than Asia Pacific, where only 35 per cent job seekers think employment opportunities are good in the region.
Fifty per cent of Indian respondents are positive about the current national economy against 29 per cent in Asia Pacific.
It has led to job seekers being less pessimistic about their professional situation in the next 12 months, it said adding that people are more satisfied about job security.
The India Job Confidence Index was conducted among 913 respondents in the fourth quarter of 2015, across organisations and sectors, in Indian metro cities and Asia Pacific.
The study also revealed that most respondents in Mumbai have shifted their focus citing 'no career growth' as the main reason for switching jobs (44 per cent), which is a new top priority compared to the last quarter when salary was the main factor.
On the other hand, many Delhiites continue to consider development of new skills as the reason for switching jobs (46 per cent).
The study also found that most Delhiites (65 per cent) and Chennaites (68 per cent) would like to take up a job abroad.
About 14 per cent of the respondents believe that it will take less than a month to find a job in India, while 21 per cent millennials or Generation Y are also of the same opinion.
36 per cent respondents from Chennai have been looking for a job for 1-3 months and 36 per cent from Bengaluru have been looking for a job for less than 1 month.
Making the announcement today, Minister Bruton said: "At
the heart of our jobs plan is our determination to accelerate job-creation in cities, towns and villages across the country, and that is why we have put in place the regional jobs plans. Today's announcement by Kellton Tech that it is establishing its EMEA HQ in Drogheda, and creating 100 extra jobs is a major boost for the North East and for our regional plans generally. I wish Krishna and his team every success with this project."
Minister for Business and Employment Ged Nash said: "I am delighted to welcome Kellton Tech to my home town. It is great news for Drogheda and the wider county that the company has decided to base its EMEA headquarters here and will bring a welcome 100 jobs boost to the area.
I have no doubt that our skilled workforce and location has helped in Kellton Tech's choice to base itself here, joining a growing number of digital and technology companies in Louth. I hope this is the start of a long and successful relationship for Krishna and his team."
Expressing his delight at the announcement, Krishna Chintam, Co-founder and Managing Director, Kellton Tech, said: "Ireland is home to one of Europe's best multilingual, tech talent pool and will act as our springboard to make inroads into the European market and beyond. As a pioneer of digital transformation, we are the market leaders in India with strong penetration in US. We are happy to extend our expertise to the EMEA market with Ireland as our base. We believe that this region is poised to emerge as our largest revenue-contributor outside of US."
Explaining further, Karanjit Singh, CEO, Kellton Tech, said: "Given that the US region contributes substantially to our revenue, the Ireland office will also be best-equipped to support US operations.
The language edge and time-difference makes Ireland a
highly advantageous proposition for technical support, sales-enablement and accounting. We foresee a huge step-up in our hiring in near-term to support our ambitious growth plans."
CEO of IDA Ireland, Martin Shanahan said: "This is a very important and welcome investment by Kellton Tech in a regional location with substantial local economic benefit. Kellton Tech's decision to create this major hub for its global operations in Drogheda is a strong endorsement of the North East Region. I wish Krishna and his team every success with their operations here."
For more information about the roles email gerard.Eivers@kelltontech.Com.
About Kellton Tech Solutions Ltd.
Kellton Tech Solutions Limited is a public listed (BSE & NSE: KELLTONTEC), CMMi Level 3 and ISO 9001:2008 certified global IT services organization. It is headquartered in Hyderabad, India and has development centers in the United States, Europe and India. For two innovative decades, Kellton Tech has put into practice the vision upon which it was founded viz. "to offer infinite possibilities with technology".
