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NEW DELHI: The meals processing business is predicted to double in measurement by 2025-26, driving hiring within the fast-moving client items (FMCG) sector. A report by TeamLease EdTech exhibits that hiring intent for freshers elevated to 32 per cent within the second half of 2024, in comparison with 27 per cent within the first half of the 12 months.
The expansion in hiring is linked to the growth of the meals processing business, which is projected to develop from $ 263 billion in 2019-20 to $ 535 billion by 2025-26, with an annual development fee of 12.6 per cent.This development has enabled deeper penetration into rural and semi-urban markets.
The report highlights that key product segments together with dairy, RTE meals, frozen meat, and snacks are producing employment alternatives, notably in provide chain and market analysis sectors.
“The rise in demand for contemporary expertise in FMCG can clearly be attributed to deeper growth in rural and semi-urban markets, fueled by the fast development of India’s meals processing business,” Shantanu Rooj, founder and CEO, TeamLease Edtech, was quoted as saying by information company ANI.
The report additionally highlights that FMCG firms are specializing in hiring freshers with experience in market insights, retail distribution, and regional client habits to help their growth into untapped markets.
Particular job roles are seeing excessive hiring intent in numerous cities. Meals engineers have a hiring intent of 41 per cent in Bengaluru, logistics coordinators 39 per cent in Delhi, provide and distribution chain positions 37 per cent in Hyderabad, and model administration trainees 34 per cent in Bengaluru.
The survey was carried out throughout 526 small, medium, and huge firms in 18 industries and lined 14 geographical areas, together with metros, tier-1, and tier-2 cities.
