Corporate India's hiring plans are expected to witness a pick-up in the coming months as companies will not only hire for their core business areas, but also for positions that were on hold due to weak economic sentiments. Recent initiatives by the government and RBI to stabilise the rupee seems to have improved the market sentiment. On account of rupee depreciation, exports from IT and some other sectors have become highly competitive, growing about 12% in July. The trend is expected to get stronger.

Read the Financial Express news report here.