The Indian construction industry experienced a 15% drop in new job postings in Q2 2023 compared with the previous quarter, with the highest share accounted for by Vinci with 2,432 job postings according to GlobalData’s analysis of construction company job postings. GlobalData’s India Construction Market Analysis report provides a top-level overview and detailed market, category and company-specific insights on the India construction industry. Buy the report here.
Notably, Computer and Mathematical Occupations jobs accounted for a 21% share of the Indian’s construction industry new job postings in Q2 2023, down by 23% over the prior quarter.
Computer and Mathematical Occupations drive construction hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Computer and Mathematical Occupations, which accounted for 21% of the total new job postings in Q2 2023 and were down by 25% year-on-year. Second highest were Management Occupations, which accounted for 14% and rise by 2% year-on-year, and third highest were Business and Financial Operations Occupations, which were 42% of the new job postings and 32% lower year-on-year.
Top five companies in construction accounted for 50% of hiring activity
The highest number of jobs were posted by Vinci with 2,432, followed by Jones Lang LaSalle with 1,611, while the highest increase was at Honeywell International at 13%.
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