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India Inc is looking at year on-year growth of 9.75% in hiring for the fiscal year 2025-26 compared to last year, according to the India Decoding Jobs Report 2025 launched by Taggd, in collaboration with CII, Masters’ Union, and PeopleStrong Academy. The report covers over 200 leading companies across the country with an average headcount of 3000 employees each.“This year again, India Inc is showing positive signs with companies across sectors hiring on an average 9.75% more professionals in FY 2025 vs FY2024. This increase is despite the IT industry that is yet to pick up,” Devashish Sharma, founding member and CEO, Taggd, told ET. Most of the hiring for FY 2026 is going to be replacement hiring (76%) while fresh hiring will just be 24% of the overall hiring planned by companies.?The hiring growth is likely to be driven by global capability centres (GCCs), core sector, engineering, manufacturing and BFSI.?Over 30% of hiring across industries is happening in tier 2 and 3 cities of India. “Six out of 10 employers across industries mentioned Tier 2 and Tier 3 cities were part of their talent acquisition plan in the coming year,” said Sharma.The key skills that are in high demand across all industries include digital, sustainability and cybersecurity.Currently India has 1,600 GCCs employing 1.66 million professionals which is expected to grow by 36% in 2025. “As a result, the hiring by GCCs, most of which is new hiring, is likely to grow by 12% in the coming fiscal,” he said.Both BFSI and GCC companies are likely to hire 12% more than last year, followed by core companies that are looking at hiring 11.5% more in FY 2025-26. FMCG and pharmaceutical companies are looking at 10% year-on-year growth in hiring in the coming fiscal, according to the report. Auto and IT companies are looking at a hiring growth of 5.5% and 5%, respectively.Emerging cities like Jaipur, Indore, and Coimbatore are becoming talent hubs, attracting fresh graduates and mid-level professionals mostly led by BFSI, manufacturing, and IT sectors, according to the report.“2025 will see an increased emphasis on hiring talent with mid-level experience, particularly to ensure quicker impact on business while ensuring the business benefits from their skill set and domain experience,” stated the report.

Markets regulator Sebi on Tuesday proposed leveraging DigiLocker, a government-backed digital document storage platform, to streamline processes and minimize unclaimed assets in the securities market. In its consultation paper, the regulator has proposed that depositories and mutual funds should provide demat and mutual fund holding statements on DigiLocker. Further, it has been suggested that KYC Registration Agencies (KRAs) should share information on an investor's demise with DigiLocker. DigiLocker users can nominate individuals for their accounts. This proposals aims to reduce unclaimed and unidentified assets, ensuring smoother transmission of financial holdings to rightful heirs while safeguarding investor interests. In case of a user's death, DigiLocker will update the account status based on death registration data from the Registrar General of India (RGI), or information from the KRA system, the regulator proposed. DigiLocker will automatically notify the nominee through SMS and email. The nominee can then access the deceased's digital records and initiate the process of asset transmission by contacting the concerned AMC or Depository Participant (DP). The Securities and Exchange Board of India (Sebi) has sought public comments till December 31 on the proposals.