India Staffing and Recruitment Market Size and Forecasts (2020-2030)

According to our latest market study on “India Staffing and Recruitment Market Size and Forecasts to 2030, Global and Country Share, Trends, and Growth Opportunity Analysis – by Staffing Type, Recruitment Channel, and End User,” the India staffing and recruitment market was valued at US$ 18,061.42 million in 2022 and is projected to reach US$ 48,530.94 million by 2030; it is expected to grow at a CAGR of 13.2% from 2022 to 2030.

According to The International Labor Organization, two-thirds of India’s population, or over 808 million people, are under the age of 35, making it the country with the largest young population in the world, out of which millennials and Gen Z aged between 18 and 35 account for 600 million people. The significant growth in the youth population boosts the need for renewed efforts and investments to create new jobs. The population creates a huge pool of potential job candidates, which increases the requirement for skilled staffing and recruitment professionals resulting into the growth the India staffing and recruitment market share.

Moreover, in 2022, India’s youth unemployment rate was 23.22%; it registered drop of 0.67% from 2021. With the rise in the youth population in the country, various organizations are planning to hire them. For instance, as of July 2023, according to a top official of the Telecom Sector Skill Council, ~1.26 lakh youth trained in telecom technologies will be employed in the current fiscal year 2023. Thus, the increasing youth population in the country is likely to generate the need for new jobs, which is expected to provide lucrative opportunities for the staffing and recruitment market growth in India during the forecast period.

India Staffing and Recruitment Market Overview

Quess Corp Limited, TeamLease Services Limited, BigLeap Technologies & Solutions Private Limited, GlobalHunt India Private Limited, Careernet Technologies Pvt. Ltd, ABC Consultants, Innovsource Services Pvt. Ltd, PeopleStrong Technologies Pvt Ltd., Uplers Solutions Private Limited, and Focuse Management Consultants are among the key players operating in the staffing and recruitment market players that were profiled in the report. Several other major India staffing and recruitment market players were studied and analyzed during this India staffing and recruitment market research study to get a holistic view of the India staffing and recruitment market and its ecosystem. The staffing and recruitment market report provides detailed India staffing and recruitment market insights, which help the key players strategize their growth.

The offline recruitment channel collects and manages job requirements and does not rely on online communication tools. A few advantages of offline recruitment channels are improved clarity and better staffing by organizing in-person interview rounds. Offline recruitment channels, such as job fairs, are highly effective in boosting the hiring process. Physical events and fairs organized by universities or corporate agencies enable recruiters to meet potential candidates in person. Face-to-face interaction improves engagement and builds a good relationship between job seekers and employers. Offline recruitment is particularly beneficial for targeting candidates for localized hiring in specific geographies. Many organizations and institutions in India are still using offline staffing and recruitment processes to hire candidates. For instance, in 2023, the Wildlife Institute of India invited offline forms to recruit for various positions, including multi-tasking staff (MTS) and assistant technical. The offline hiring process helps employers by providing in-person collaboration with colleagues. Also, companies operating in the healthcare and pharma industries and the public sector have been widely using offline hiring processes to select the right candidate from the pool.

1. Introduction
1.1 The Research Team Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Staffing and Recruitment Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in Value Chain
4.4 Premium Insights
4.4.1 Customer Demand Trends
4.4.1.1 Online Staffing And Recruitment:
4.4.1.2 Skill-Based Hiring:
4.4.1.3 Rising Demand for Contract and Temporary Staffing:
4.4.1.4 Leveraging Technology for Talent Acquisition:
4.4.1.5 Enhanced Candidate Experience:
4.4.2 Staffing and Recruitment Companies Customer Ratings
4.4.3 Economic Growth/Production Clusters, by Key Cities in India
4.4.3.1 Mumbai
4.4.3.2 Delhi
4.4.3.3 Bangalore
4.4.3.4 Pune
4.4.3.5 Hyderabad
4.4.3.6 Ahmedabad
4.4.3.7 Ludhiana & Mohali
4.4.3.8 Chennai
4.4.3.9 Kolkata
5. Staffing and Recruitment Market – Key Industry Dynamics
5.1 Staffing and Recruitment Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Huge Job Opportunities in BFSI and Technology Sectors
5.2.2 Workforce Localization in India
5.2.3 Rise in Demand for Contract and Temporary Staffing
5.3 Market Restraints
5.3.1 Lack of Qualified Job Seekers
5.3.2 Technical Limitations of Staffing and Recruitment Software
5.4 Market Opportunities
5.4.1 Increasing Youth Population
5.4.2 Rising Preference for Online or Remote Work
5.5 Future Trends
5.5.1 Automation and AI-Driven Recruitment
5.6 Impact of Drivers and Restraints:
6. Staffing and Recruitment Market Analysis
6.1 India Staffing and Recruitment Market Overview
6.2 India Staffing and Recruitment Market Revenue (US$ Million), 2022 – 2030
6.3 India Staffing and Recruitment Market Forecast and Analysis
7. Staffing and Recruitment Market Analysis – Staffing Type
7.1 Temporary
7.1.1 Overview
7.1.2 Temporary Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Permanent
7.2.1 Overview
7.2.2 Permanent Market, Revenue and Forecast to 2030 (US$ Million)
8. Staffing and Recruitment Market Analysis – Recruitment Channel
8.1 Online
8.1.1 Overview
8.1.2 Online Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Hybrid
8.2.1 Overview
8.2.2 Hybrid Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Offline
8.3.1 Overview
8.3.2 Offline Market, Revenue and Forecast to 2030 (US$ Million)
9. Staffing and Recruitment Market Analysis – End User
9.1.1 IT and Telecom
9.1.1.1 Overview
9.1.1.2 IT and Telecom Market Revenue, and Forecast to 2030 (US$ Million)
9.1.2 BFSI
9.1.2.1 Overview
9.1.2.2 BFSI Market Revenue, and Forecast to 2030 (US$ Million)
9.1.3 Healthcare
9.1.3.1 Overview
9.1.3.2 Healthcare Market Revenue, and Forecast to 2030 (US$ Million)
9.1.4 Real Estate
9.1.4.1 Overview
9.1.4.2 Real Estate Market Revenue, and Forecast to 2030 (US$ Million)
9.1.5 Others
9.1.5.1 Overview
9.1.5.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
10. Staffing and Recruitment Market – Impact of COVID-19 Pandemic
10.1 Pre & Post Covid-19 Impact
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration
12. Industry Landscape
12.1.1 Overview
12.1.2 Market Initiative
12.2 Product Development
12.2.1 Merger and Acquisition
13. Company Profiles
13.1 Quess Corp Limited
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 TeamLease Services Limited
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 BigLeap Technologies & Solutions Private Limited
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 GlobalHunt India Private Limited
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Careernet Technologies Pvt. Ltd
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 ABC Consultants
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Innovsource Services Pvt. Ltd.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 PeopleStrong Technologies Pvt Ltd.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Uplers Solutions Private Limited
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Focuse Management Consultants
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
There are no recent developments for Focuse Management Consultants in the India staffing and recruitment market.
14. Appendix
14.1 About Research Team
14.2 Word Index

Table 1. Staffing and Recruitment Market Segmentation
Table 2. Staffing and Recruitment Companies Customer Ratings
Table 3. India Staffing and Recruitment Market Revenue and Forecasts To 2030 (US$ Million)
Table 4. Staffing and Recruitment Market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 5. Staffing and Recruitment Market Revenue and Forecasts To 2030 (US$ Million) –Recruitment Channel
Table 6. Staffing and Recruitment Market Revenue and Forecasts To 2030 (US$ Million) – End User
Table 7. Heat Map Analysis By Key Players
Table 8. List of Abbreviation

Figure 1. Staffing and Recruitment Market Segmentation, By Geography
Figure 2. PEST Analysis
Figure 3. Ecosystem: Staffing and Recruitment Market
Figure 4. Fig: Hiring Growth Across Sectors in Mumbai
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. India Staffing and Recruitment Market Revenue (US$ Million), 2022 – 2030
Figure 7. Staffing and Recruitment Market Share (%) – Staffing Type, 2022 and 2030
Figure 8. Temporary Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Permanent Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Staffing and Recruitment Market Share (%) – Recruitment Channel, 2022 and 2030
Figure 11. Online Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Hybrid Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Offline Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Staffing and Recruitment Market Share (%) – End User, 2022 and 2030
Figure 15. IT and Telecom Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. BFSI Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Healthcare Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Real Estate Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Company Positioning & Concentration