Telangana triples its net talent balance and absorbs nearly 62,000 administrative professionals in 12 months to September

Telangana has proven to be one of the leading states of India in terms of talent absorptionretention and growth by 2024, an indication that organizations and professionals increasingly recognize the state as a top destination for talent acquisition and growth, according to a “Positive Talent” state report by a research firm. specialized personnel. Xfeno.

The investigation for the 12 months ending in September 2024 highlights the state’s situation. Positive talent balance (PTB), ranking third in India, very close to Karnataka and Haryana.

The report highlights Telangana, particularly Hyderabadas a key destination for administrative talent, with world-class infrastructure and attractive job opportunities. The State’s ability to attract and retain more talent than it loses is attracting more multinationals to configure Global Capability Centers (GCC). Telangana has proven to have strong talent connections with major cities in India, making it one of the best options for job seekers across the country, the report said.

The report data shows that Telangana tripled its Positive Talent Base (PTB) to 20,200 during the 12-month period ending September 2024. The state achieved PTB with 61,600 white collar professionals being absorbed from other states, while 41,400 skilled workers left the state, according to the second edition of the ‘Annual Study of Indian States on Talent Corridors and Talent Sharing Patterns for the 12 months ending September 2024.

The state’s active administrative talent pool now numbers 4.18 million, and 50% have at least one year of experience.

“One of Telangana’s most important achievements is maintaining a positive talent balance, a crucial factor in building the state’s reputation as a leading talent brand, and the state has emerged as a trailblazer in its decade-long transformation as a state. young,” said Kamal Karanth, co-founder of Xpheno. “Through strategic investments in infrastructure, progressive policies and targeted business incentives, the state is now on the fast track to becoming a global talent brand and a force to be reckoned with,” he added. Hyderabad retains its status as a hub of Telangana’s key talent, home to 1.87 million experienced professionals and continues to attract both domestic and international companies Job seeker interest is strong with 2.1 million candidates from across India expressing preference for opportunities in. Telangana, including approximately 440,000 from Bengaluru alone.

The report states that only nine states in India show PTB, of which Telangana ranks third behind Karnataka and Haryana. This state has almost tripled its PTB in the last year alone.

He technology sector leads in employment, engaging 35% (7.54 lakh) of the state’s white-collar talent pool, followed by sectors like business consulting, banking financial services and insurance (BFSI), pharmaceuticals and healthcare.

Data indicates that Telangana continues to produce 1 lakh engineers annually.

When it comes to overall annual academic production, women represent more than half, representing between 54% and 56% of total talent.

There are still strong talent pools in key states like Andhra Pradesh, Karnataka and Maharashtra.

Being “Net Positive Talent” means that a city or state attracts more talent than it loses. This is crucial because a Positive Talent Balance (PTB) helps drive economic growth, attract more companies and foster innovation. Companies are more likely to invest in regions where they can quickly find qualified workers to meet their needs.

On the other hand, being “Net Talent Negative” means that a region is losing more talent than it gains, which can harm its ability to grow and develop. Over time, if this continues, the region could see a slowdown in business investment, lower job creation and a weakening of its competitive advantage in the economy.

This constant two-way flow of talent, both inbound and outbound, defines whether a region is on the rise or facing challenges. Maintaining a positive talent balance is essential to remaining competitive in the long term.