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Reforms to create jobs
While manufacturing accounted for the bulk of jobs created in some of the developed countries, India’s transition from farm-to-non-farm jobs will be spearheaded by the sales domain states TeamLease analysis.
With 10 regulatory reforms sales domain has the potential to create around 7 lakh jobs in Delhi-NCR and 10 million across the country. The necessary regulatory reforms include consolidation of 44 central labour laws into four labour codes, Unique Enterprise Number (UEN), employee salary choice, PPC compliance portal, the Factories Amendment Bill 2016, Small Factories Act, amendments in contract Labour and Regulation Act 1970, amendments in Industrial Disputes Act 1947, amendments in Trade Union Act 1926 and the adoption of the Model Shops and Establishment Act. Without any reforms, the region is still expected to create at least 1.75 lakh new sales jobs in the next three years.
From an overall hiring perspective also the city seems to be on a growth trajectory. In the coming fiscal the city will see a 17 per cent growth in the hiring outlook. Interestingly, 32 per cent of job seekers consider Delhi to be the best place to start their careers.
An in-depth study, according to the analysis, currently, Delhi employs 343,000 sales professionals across sectors, this amounts to 33 per cent of the overall 1.5 million sales profiles in the country. But with a combination of macro-economic, strategic and technological factors like GST, FDI, digitisation and Artificial Intelligence (AI) the profile will witness a significant growth. With an increasing retail store space of five million square feet, Delhi’s retail sector will be the biggest driver of demand for sales talent. Other sectors like hospitality, real estate, etc. will push the demand for sales talent significantly.
In terms of employers expectations, learning agility, adaptability, interpersonal skills, emotional intelligence, conflict resolution and self determination are few of the skills that the employers expect from any potential sales employee.
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