Every sector is likely to grow where the technology involved has undergone a basic shift, or a new model of servicing them came into being, says E. Balaji MaFoi Randstad’s MD & CEO. For example, in Banking, still nearly 81 percent of the population has no access to formal banking channels. And since their saving potential is erratic, the serving model has to be cost effective.
The micro-credit revolution that swept the market recently is an example, which in its wake brought in more than 3 lakh opportunities for young graduates as lending and credit officers.
Balaji’s view is shared by other experts also. The notable aspect, however, is post-recession, almost all sectors have recorded growth (barring a few, like Real Estate) and a few made impressive gains.
According to experts some sectors hold a definitive sway in the coming 3-4 years like Banking and allied verticals, Telecom and some, like the green sector, will deliver the best in the coming 5-year horizon. Defensive sectors like Pharma will clock a steady growth.
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