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Monday, March 2, 2026

India Hiring Intent Rises to 11% for 2026, BFSI Leads Recovery

Key Takeaways

  • India’s hiring intent rises to 11% for 2026, up from 9.75% in 2025
  • BFSI sector leads with 20% hiring intent, followed by core industries at 12%
  • 55% of new hires will be experienced professionals (6-15 years experience)
  • Tier-2 cities account for 32% of projected jobs as companies expand regionally

India’s job market is showing strong revival signs with hiring intent reaching 11% for 2026, marking a significant improvement from 9.75% in 2025. This indicates a clear shift from cautious replacement hiring to active workforce expansion across sectors.

Sector-Wise Hiring Trends

The banking, financial services and insurance (BFSI) sector leads the optimism with 20% hiring intent. Core industries including metal, mining, power, utilities, steel, and cement follow closely at 12%, according to a Taggd report in collaboration with CII.

Experience Level Demand

2026 is emerging as the year of experienced professionals. Companies are increasingly prioritizing mid- and senior-level talent, with candidates having 6-15 years of experience projected to constitute 55% of total hires – a substantial increase from 39% last year.

Detailed breakdown shows hiring intent for 6-10 years experience rising to 28% (from 26%), while 11-15 years and over 15 years experience categories jump to 15% and 12% respectively, compared to 9% and 4% last year. Early-career professionals (0-5 years) will still comprise 45% of projected hires, reflecting continued demand for young talent.

Regional Employment Expansion

Tier-2 cities are strengthening their position in India’s employment landscape, accounting for 32% of projected jobs in 2026. Organizations, especially GCCs, are tapping into new regional talent hubs for cost efficiency and emerging skill sets.

Tier-1 cities maintain leadership at 53% share, while tier-3 locations at 15% show early inclusion signs, reflecting steady democratization of India’s job market beyond traditional metros.

Industry Perspective

“As India enters 2026, the job market is showing clear signs of revival. After a year of muted single-digit growth, hiring intent has returned to double digits at 11 per cent, up from 9.75 per cent last year. This resurgence marks a shift from recovery to reinvention, powered by digital acceleration, formalisation, and regional expansion,” Taggd Co-Founder and CEO, Devashish Sharma, said.

Skills in Demand

India’s AI talent base is estimated at 23.5 lakh professionals and growing at 55% year-on-year. Employers are actively seeking candidates skilled in GenAI, cloud computing, cybersecurity, alongside digital and data specialists, AI/ML engineers, solutions architects, and sustainability specialists.

Soft skills including adaptability, problem-solving, cognitive abilities, collaboration, management, engagement, self-efficacy, and ethics remain indispensable for job seekers.

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