Peoplefy works closely with Large GCCs and IT Companies for their niche talent needs. According to a 2023 report by the India Skills Report, only 48.7% of the Indian workforce is deemed employable, highlighting a massive gap between education and industry requirements. The report also emphasizes that while India's literacy rate is around 77.7%, literacy does not equate to employability. …
The job market for recent graduates is showing positive signs of improvement. Nearly 72 per cent of employers plan to hire fresh graduates between July and December 2024, according to the TeamLease EdTech’s Career Outlook Report. Specifically, 61 per cent of employers in e-commerce and tech startups, 59 per cent in engineering and infrastructure, and 54 per cent in retail …
