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India Inc on recovery path; 53% firms to raise headcount in 2021: Report

Even as India s hiring activities declined last year due to the coronavirus pandemic, there is a sudden increase in demand with about 53 per cent of companies saying they are planning to increase their headcounts in 2021, according to a survey. The pandemic adversely impacted economies across Asia-Pacific, including India, which had entered 2020 with robust hiring activities, according to professional recruitment services firm Michael Page India s Talent Trends 2021 Report . It added that the pandemic led to a dip in hiring activities by 18 per cent in 2020. The survey-based report, however, added that optimism is already starting to show, with about 53 per cent of companies in India looking to increase their headcounts in 2021.

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