Flexi staffing industry grows 6 pc in July-Sept

The flexi staffing industry grew 6 per cent in July-September as compared to the preceding quarter this year mainly due to rise in demand across all sectors due to festivities, a report said. "Buoyed by a strong festive season and rising demand across sectors, the Indian Staffing Federation (ISF) members added 78,000 new jobs in July-September quarter, a 6 per cent rise in new jobs over previous April-June quarter," said ISF's Flexi Staffing Employment Growth report.

The new jobs in July-September are combination of new jobs in general staffing and IT staffing, it stated.

ISF is the apex industry body representing formal staffing, facility management and security services companies.


New jobs in general staffing - which excludes IT staffing - grew 7.3 per cent in July-September, driven by rise in demand in FMCG, e-commerce, manufacturing, retail, logistics, banking, hospitality, tourism, insurance, infrastructure, it stated.

On the other hand, new jobs in IT staffing remained under pressure, growing a modest 2.2 per cent in September quarter.

While IT staffing industry continues to address market demands in niche skills, there is a visible impact of the slowdown in global markets even as big Indian IT players curtail new hiring, it stated.

Cumulatively, ISF's member companies added 2.32 lakh jobs over the past four quarters, i.e. during the period from October 2022 to September 2023, which includes the 78,000 new jobs in July-September, it stated.

As on September 30, 2022, ISF member companies represented 14 lakh flexi staffing workers.

Lohit Bhatia, President, ISF said the Indian staffing industry anticipated a steep rise in demand during the first lockdown-free festive season, and provided the formal workforce the different industries required.

"Overall industry shows a resilient growth with new employment mobilized in July-September (2022) at 20 per cent year-on-year...To give a further break up, general staffing witnessed 24.6 per cent year-on-year growth, while new jobs in IT staffing sustained at 15.8 per cent year-on-year," Bhatia added.