The 2nd wave of Covid is still hitting us hard in some parts of India but it appears to be receding in most parts of India as per published data. We will come out of it strongly like we did in the first wave. Self Discipline is the key.
There is a hectic movement of IT professionals across companies. All top IT majors in India are hiring big time, mostly due to attrition and a renewed technology focus. They are indirectly feeding each other in resource fulfillment but at a higher cost. Start-ups and mid tier companies are feeling the heat from cost perspective but they don’t want to let go new opportunities after a dull year.
Healthcare, Retail and Consumer goods industries are continuing to do well and manufacturing, other than auto, service and infra companies are generating revenues that look good.
As per a survey, key economic Indicators are at 140-192% of 2020 levels and 45- 110% of 2019 levels, not withstanding May 2021 being a wash-out with 23 states under lockdown, thus robbing off 90% of GDP.
Indices at Indian stock exchanges look encouraging with better annual results from top companies, though it is a roller coaster ride. But recovery and GROWTH are steadily & surely happening. It is the resilient people who make all the difference, not technology.
#hiring
#healthcare #opportunities2021
THE PULSE by Sivakumar Gopal 