Hyderabad,India,:Saongroup.com, one of the fastest growing international online recruitment companies in the world, having job sites in Ireland, UK, Luxembourg, China, UAE, Central America, Caribbean and South Africa, has announced its expansion plans in India by launching operations in Hyderabad. Saongroup.com launched its first job portal in India myJobsinPune.com, in September 2007 and plans expansion across all leading cities in India , with an estimated investment of 10 million Euros (approximately USD 15.4 million) in its first phase of expansion.

Saon Group’s Pune based jobsite www.myjobsinpune.com is the No.1 Job portal in Pune in less than a year of starting operations. The site has over 1 lakh 35 thousand jobseekers registered already; it has seen close to 1 and ½ million page views per month with roughly 4500 unique visitors every day.

Announcing the launch of myhyderabadjobs.com, Ciaran McCooey, Group CEO, Saongroup.com said, “We have had a great start in India and the success with myJobsinPune.com substantiates our city centric model. Hyderabad presents a huge opportunity as it continues to grow across sectors, especially in IT/ITES, Pharma, Biotech, Retail, Hospitality and Real Estate. Hyderabad has a large and active internet user base and online recruitment is growing rapidly. We are very encouraged to invest in our expansion into Hyderabad .”

Myhyderabadjobs.com will be targeted and actively used by Hyderabad-centric companies across already leading and now growing sectors.

A research conducted by SaonGroup.com on the Indian employment scenario, in August 2008, found Hyderabad as number one in terms of employment growth outlook, compared to the other metros and upcoming cities. The government continues to invest in infrastructure enablers for industry. IT/ ITES sector is likely to grow at a CAGR of 20% for the next few years and Pharma & Biotech industry is also set to grow. Other sectors that are growing rapidly are Retail and hospitality, evident from the facts that 12 major malls with 1 million sq feet of premium retail space and six major hotels with an increase of 1200 rooms opening up in the next 2 years.

The online recruitment industry is growing rapidly as job search is now the second most preferred internet activity among Indian Internet users, according to a recent survey by JuxtConsult. Also, the number of Internet users seeking jobs online has increased from 6.5 million in 2005-06 to 9.2 million in 2006-07, according to a survey by Internet and Mobile Association of India (IAMAI). Industry estimates the number to have crossed 15 million in 2007-2008.

Adi Cooper, Director, SaonGroup.com India said, “The job market in India presents a mixed bag of caution and optimism. We are introducing global best practices in online recruitment with our focus on providing localized platforms for recruiters and jobseekers to provide clutter free relevant information on the job market.”

Mihir Modi, CEO SaonGroup.com India, added, “Through the high user relevance offered by our city specific approach, we hope to emerge as the most preferred online recruitment partner in all our focus markets across the country. Also, the success of myJobsinPune.com illustrates that in addition to strong national and global brands like 3G, Zensar, General Motors etc, our city specific portals also present a strong recruitment platform for businesses primarily based within the city such as local retail players, ancillaries, service firms and so on.”

Reachout's News Bureau
-Sept' 2008

More Sections on IT Hyderabad