AI, Oil & Gas sectors show over 20% growth in hiring in Feb: Report

Updated: Mar 4th, 2024

Image: IANS

Hiring for roles in artificial intelligence (AI) and Oil & Gas sectors has witnessed a growth of over 20% in the month of February 2024, a new report showed today. 

According to the private firm's index, AI-related roles such as Machine Learning Engineer and Full Stack AI Scientist jumped a staggering 100% and 44%, respectively, in February 2024 vs last year.

In the Oil & Gas sector, hiring increased by 21% in February this year compared to last year. Hiring in the Pharma sector recorded a 9% growth.

This “underscores a transformative shift in India's hiring landscape, with remarkable hiring growth seen in Oil & Gas, Pharma, and in AI sectors, against a backdrop of cautious optimism," said Dr Pawan Goyal, of Naukri.com.

According to the report, non-metro cities continued to witness ever-increasing demand for new talent as hiring corrections continued in metro cities.

In February 2024, Raipur led new job creation in the non-metro cities with a 14% growth over last year, followed by Surat, Jodhpur, and Gandhinagar with 12%, 10%, and 8% growth, respectively.

Senior professionals with more than 16 years of experience continued to witness maximum job offer rollouts.

Job offers in the salary range of more than 20 lakh per annum went up by 23% in February.

(Source: IANS)

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