More than 25 years ago, in a long dingy corridor of a public sector company, a hundred graduates would have queued up since morning, waiting to be ushered into the interview cabin. The fatigue on their faces reflected the tired state of the economy. That story would repeat in corridors across the country where employer was king.

Rituparna Chakraborty, cofounder, TeamLease Services, says the focus of job creation shifted from agri and manufacturing to services. "There has been growth in terms of market opportunities and a simultaneous supply of talent to fuel the growth," says Moorthy K Uppaluri, CEO, Randstad India. "A higher level of awareness about finances, rise in income of the middle class, and penetration of financial services in Tier 2 and 3 cities have also contributed to this growth," says Kamal Karanth, MD, Kelly Services & KellyOCG. "To meet the needs of 12 million youth joining the workforce every year, we need manufacturing to take the lead in formal job creation. Sooner than later, customer aspiration shall lead to adoption of digitalisation and automation in services," says Chakraborty. 

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