A recent study by Team Lease on India’s Job Market Salvation: Sales depicts that the sales domain can create 2.5 million jobs by 2021. Around 10 million jobs with structural changes could be created by 2021.
Such estimations were drawn through a combination of macroeconomic, strategic and technological factors. For example, successful GST implementation can lead to up to 12% additional sales jobs in specific sectors.
Rituparna Chakraborty, Executive Vice President of TeamLease Services said, “We believe India’s job market salvation lies in growing sales job and that it has the potential to become the first choice of career for the youth who will come into the workforce tomorrow. This can be enabled through structural reforms.”
The report also depicts that there is a demand-supply mismatch in different sectors and it could be addressed by initiatives which promote skill development and cross-location talent mobility.