'Karnataka is India's Top Job Creator'

Karnataka ranked as India’s top job creator with over 24 pc share during fourth quarter of the fiscal year 2015-16.

KOCHI: Karnataka has been ranked as country’s top job creator with over 24 per cent share during the fourth quarter of the financial year 2015-16 and is followed by Maharashtra (23 per cent) and Tamil Nadu (10.5 per cent) in this regard, according to a study by industry body ASSOCHAM.

Sector-wise, Karnataka leads in terms of job openings in ITeS with 28% share in over five lakh jobs created by the sector followed by Maharashtra (20.5%), Tamil Nadu (11%), Andhra Pradesh-Telangana (10%) and Uttar Pradesh (8%).

“IT sector created about 57%  of about nine lakh job openings recorded between January and March, 2016 followed by services (19%), manufacturing (11%), while banking, financial services and insurance) sector accounted for just over 8%  share followed by construction and real estate (3.5% share),” the report said.

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