Insights into India's Startup Hiring Trends: 2023 Report

The "Startup Hiring Trends Report: 2023" conducted by FICCI in collaboration with Randstad India Private Limited offers a comprehensive analysis of the expected hiring patterns for startups in India. With over 300 participating startups, the report sheds light on the latest trends and challenges in the recruitment landscape, particularly focusing on early-stage startups. This insightful report serves as a valuable resource for entrepreneurs, HR professionals, and anyone interested in understanding the dynamics of hiring in the startup ecosystem.

K ey Findings from India's Startup Hiring Trends Survey 2023:

80% of early-stage startups with less than twenty employees plan to expand their workforce in 2023.

Hiring decisions will be driven by new projects, investor funding, and expansion strategies for 92% of startups.

32% of startups aim to increase hiring by over 30%, while 28% plan for 11-20% growth.

Healthcare, aerospace & defense, and energy sectors show the highest hiring intent, with 30%+ workforce expansion.

Agri/agritech, AI/ML/deeptech, edtech, automotive, and ecommerce/delivery services predict 11-20% hiring growth.

38% of startups will hire at the junior level, and 27% anticipate mid-level hiring.