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Many foreign companies are investing in and setting up their base in India because of a positive business environment and various government initiatives such as Digital India and Make in India. The Make in India campaign was launched to boost the manufacturing industry of the country as well as to help increase the purchasing power of Indian consumer. This would enable increased demand as well as development and support economic growth. The Digital India initiative also focuses on three key areas – delivery of services digitally, digital infrastructure creation, and increase digital literacy among the Indian masses. Some of the recent developments and initiatives taken by the country to steer the country’s growth are listed below: 
  • he government has approved the North East Industrial Development scheme with a budget of USD 460 million, to be completed in 2020.

  • Under the government’s housing scheme, more than 855,000 houses have been created.

  • India also completed village electrification in 2018.

  • The government of India is investing USD 32.9 billion to recapitalize the public sector banks.

  • The new budget has been allocated to the tune of USD 109.31 billion for the construction of new highways and roadways over the course of the next five years.

  • The Indian government has entered into a bilateral agreement with Portugal as per which work will be done in the fields of out space, nanotechnology, etc. which will further help boost the economy.

  • India’s GDP is also expected to touch USD 6 trillion by the end of 2027 which means that it will achieve upper middle class status with the help of digitization, reforms, globalization, among others.

  • The country is also expected to be the third largest economy in the world in terms of total consumers as its private consumption is expected to touch USD4 trillion by 2025.

Numerous Vacancies in Accounts

Therefore, as per the Randstad Employer Brand Research (REBR) 2018, almost 79% of the organizations in India are on a hiring spree to create the best workforce in a highly competitive employment market. There are plenty of accounting jobs, manufacturing jobs, PR jobs, IT jobs, and more in various sectors. According to the salary trend survey done by Randstad, the national average CTC stands at INR 13.23 lac per annum with Bengaluru being the highest paying city (average CTC of INR 14.64 lac per annum) among all the metros. 

There are plenty of vacancies in accounts, marketing, sales, admin, etc. To apply for the job of your dream, get in touch with Randstad today and submit your CV.

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