According to the Indian Staffing Federation (ISF) annual Employment Trends 2024 report, the staffing industry continued to demonstrate quarter-on-quarter growth of 2.3 per cent in the fourth quarter (Q4) of FY20, adding 30,000 new flexi employment opportunities. .

The federation noted that the total flexi workforce employed by ISF members increased to approximately 166,000 during the financial year.

"The market witnessed significant improvement across most sectors," ISF President Lohit Bhatia said.

"Sectors that contributed to growth were e-commerce, logistics and manufacturing as well as healthcare, retail and energy," he said.

Furthermore, the report mentions that the increase in general flexi staffing (except IT flexi staffing) is driven by continued demand in sectors like FMCG (Fast-Moving Consumer Goods), e-commerce, manufacturing, healthcare, retail, logistics, banking and Has happened since. energy. It said the IT flexi staffing segment saw a slower recovery than last year, with a 4.4 per cent decline in new flexi jobs (year-on-year) by the end of the financial year.