Tuesday, March 18, 2008

BFSI sector to create a million jobs every year

According to industry sources, the rapidly growing banking, financial services and insurance (BFSI) sector in India is expected to create about a million jobs every year for the next five years. The insurance industry will lead by creating 500,000 jobs. The issue is no longer about finding BFSI jobs for people, but ensuring that there are enough people with relevant skills for the jobs at hand.

I feel Ma Foi Employment Trends Survey is too conservative in its projections as far as jobs in the BFSI sector are concerned.

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