Krishnendu Chatterjee, VP & Business Head, TeamLease Services speaks to India Employer Forum about India’s employment growth, flexible workforce models, upskilling, and more.
He said, “India’s employment growth of 7.1% for H2 FY24-25 is driven by 7% GDP expansion, infrastructure investments, and digital adoption. Logistics, retail, and e-commerce are growing rapidly due to festive demand, boosting digital payments and credit needs. BFSI and EV manufacturing are also advancing, supported by technology and favourable regulations. Flexible workforce models and upskilling are key to meeting evolving industry demands.”
“For H2 FY24-25, 59% of employers across industries plan to expand their workforce, reflecting a net employment growth of 7.1%. Logistics leads with a projected net employment change of 14.2%, followed by e-commerce at 8.9% and retail at 8.2%. This growth is driven by seasonal demand, infrastructure investments, and technological advancements. Additionally, cities like Coimbatore, Jaipur and Gurugram are emerging as key job hubs, offering cost-effective opportunities for businesses to scale,” he further added.
Watch the full interview: In Conversation with Krishnendu Chatterjee, VP & Business Head, TeamLease Services
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About Krishnendu Chatterjee
Krishnendu Chatterjee (Krish) has been with TeamLease for more than six years and currently heads the Banking and Financial Services and Industrial Verticals. He brings about 17 years of management experience, working with leading organisations, including JPMorgan Chase, Kean Consulting, SilverSkils, etc. He comes with a strong background in Consulting, Managing large Complex Operations and Account Management in the Banking and Insurance KPO space.
In his current role at TeamLease, Krish is responsible for managing about 3,000 cr in Annual revenue with a strong base of over 93,000 Fixed Term Contractors, leading the Business Development, Account Management and Hiring. Krish has an Economics degree from Delhi University and a Post Graduate Diploma in Computers. He likes to spend his personal time with his family, travelling, cooking and movies. You can connect with Krish here.
Disclaimer: The opinions and views expressed in this article, including any accompanying data, are the sole responsibility of the author and should not be construed as reflecting the official policy or position of India Employer Forum.
