India has seen unprecedented growth in the D2C (direct-to-consumer), retail, and Consumer Packaged Goods (CPG) industries in the past decade. The growing demand for online shopping and convenient deliveries has brought a new revolution in this sector. With the surge in the demand for Digitalization, the D2C, retail, and CPG sector are all set to expand their reach in the near future. As per the industry experts, the Retail sector is set to grow by 20 to 30 percent in the next five years and is likely to generate 2.5 crore new jobs by 2030. D2C and CPG are following in the footsteps of the Retail sector and are moving towards an upward trajectory. This brings a lot of opportunities for talent seekers and individuals. The D2C and CPG sector are all ready to welcome the new skills, automation, and digital adoption resulting in various jobs across all levels.
XL Advisors is 100% focused on bringing unparalleled expertise for numerous roles across all disciplines and levels associated with CPG, Retail, and D2C domains. We are focused to streamline and accelerate our hiring process to effectively find the right talent. We have been taking up green field hiring projects for new D2C companies setting up in India.
In the past few years, we have witnessed massive growth in the e-commerce and startup culture across India. Our country now has the third largest startup ecosystem with over 65,000 startups in FY 2021-22. Also, the e-commerce sector has observed substantial growth both in terms of profit and the number of consumers. With the wave of tech adoption and digital transformation, India’s e-commerce market is expected to reach US$ 350 billion by 2030. This is creating an expanding job ecosystem for highly qualified and skilled professionals and an unskilled blue-collar workforce. Similarly, startups are moving toward growth and remain attractive to job seekers. The Indian startup ecosystem is all set to welcome the skill and talent, as experts have estimated a gush of new jobs in this sector.
We keep ourselves abreast with developments that are changing the dynamics of the industry(s) and find roles in the competitive market that helps both clients and candidates.
The Indian banking and financial services system is undergoing the adoption of smart solutions such as computing, artificial intelligence, machine learning, blockchain-based communications, and other digital channels. The financial sector alone is presently seeing a growth of 8.5% per year. The banking sector too is moving upwards in growth. Due to this, there has been a great demand for talent with specific skill sets. The banking and financial sector requires numerical ability, reasoning skills, analytical skills, computer skills, and communication skills. Candidates who acquire competency in those areas will have many more opportunities in this sector.
XL Advisors are armed to source the best talent in various fields such as Investment Banking, Corporate Banking, Digital, Technology, asset management, and many more. Our specialised headhunting team makes sure that we map the complete market for specific roles in BFSI and deliver the best of the candidates.
Insurance is one of the significant pillars of financial services. In the past few years, there has been a surge in the demand for insurance jobs in India with the liberalisation of the Insurance sector and the advent of private players. The new avenues facing the Insurance sector have catalysed the need to hire highly talented professionals with exhaustive experience and appropriate skills to address the huge growth potential ahead of the industry. Adapting emerging technologies including hybrid cloud computing and artificial intelligence is subjecting to accelerate the growth and demand for insurance and broking in India. General Insurance, Reinsurance, Life Insurance, Insurance Broking, and Insurance KPO's have seen immense growth in India in the last couple of years.
We have been taking up green field hiring projects for new Insurance companies setting up in India, right from when they apply for the R1 stage. We not only hire for Insurance companies but also help them in defining the org structures, market mapping, functional alignment, reporting structures, compensation benchmarking, etc. Which helps a new player to kick start their journey.
We have been hiring for key leadership roles like CEO, Chief Compliance Officer, CFO, CIO, CTO, Appointed Actuary, COO, etc along with the overall requirement of an Insurance company.
The Indian Fintech market is one of the fastest-growing industries. It is estimated to reach $1.3 Trillion by 2025 growing at a CAGR of 31%. The advancement in technology has advanced the existing insurance industry, bringing in more opportunities for those with the right qualifications and skills. The sudden rise in insurance technology, also known as Insurtech, has given the insurance industry reason to change their business operations, and eventually the resources they are hiring. Insurtech solutions are gaining more and more popularity every day, as clients are spending more on insurance-related products. With rapid growth comes expansion and lots of opportunities.
We are the industry experts at identifying and placing the right talent across various Fintech and Insurtech sectors. We cover not only India but abroad markets in fintech and insurtech hiring. With our integrated hiring process and solution, ensure our associates are placed in the top and best financial roles.
The increase in domestic and foreign demand for consulting and research has resulted in the dynamic growth of the entire sector. Rising opportunities due to the booming economy and growing demand have remarkably expanded the scope and future of the consulting and research sector in India. The value of India’s consultancy market amounted to nearly ₹8 billion in 2019 and is expected to go up to ₹14 billion by 2025. Similarly, the Indian research industry is expected to grow at a 12-14% CAGR to $4.2 billion by 2025-26. A lot of new companies are looking for consulting and research services resulting in new job opportunities across the sector.
XL Advisors offer recruitment solutions for the consulting and research sector which includes hiring for Big 4's, B2B & B2C consulting & research houses, large rating, and research houses, etc. We have expertise in handling positions related to market research, Equity Research, data scientists, financial research, project leaders, research associates, scholars, and more.
The IT products and Information Technology enabled services (ITES) companies are playing a significant role in the growth and development of our country. The IT and ITES sector's contribution to the national GDP have increased from 1.2 percent in 1997-98 to an estimated 7.5 percent in 2011-12 and 10 percent in 2019. Big companies are seeking individuals with expertise in cloud computing, data analytics, artificial intelligence, cybersecurity, robotic process automation, blockchain, augmented and virtual reality, 3D printing, and many more. Experts have estimated a massive growth in India’s digitally skilled workforce in the coming years.
XL Advisors do a comprehensive assessment of the client’s requirements and provide them with expert solutions. We screen and find the right candidates that can be an asset to the right organisation. Where they will not just learn but also grow.
India is the preferred location for captives and offshoring due to the availability of a large number of potential resources and low-cost locations. Captives and Offshoring have become the ideal solution for many businesses to cut operational costs, and increase revenue. India is host to over 1,300 captives in various cities employing nearly one-fourth of the 4.3 million employees in the $191-billion IT-Business Process Management sector. Several services get outsourced to India from various foreign companies these days. Services such as software development, customer service, payroll processing, design, engineering & R&D, technology support, insurance, data management, payments collection, and more.
We are in association with various companies, consultants, and advisors to understand their unique business needs. We keep on adding new companies and channels to our pool of databases to help an individual find the right job.
Oil and Gas is one of the fastest growing and one of the largest industries across the globe. India's oil demand is projected to rise at the fastest pace in the world to reach 10 million barrels per day by 2030, from 4.9 million barrels per day in 2021. Despite the global energy crises and pandemics, the Oil and gas sector is surging at a great speed. This sector also plays a crucial role in influencing the decision-making for all other sectors of the economy. The ever-growing demand for crude oil, petroleum, diesel, and natural gas has made India the third largest consumer of oil across the globe. The unprecedented challenges faced by the Oil and gas industry, leading to increased pressure, regulations, and volatility have demanded more flexibility and expertise than before.
XL Advisors provide global workforce solutions for the Oil and Gas industry. We have extensive experience in delivering, sourcing, and managing personnel for a complete range of optimized workforce solutions across midstream, downstream, and upstream markets. We are equipped to provide both contract and permanent staffing.
The conflux of actuaries and data science is the key to leveraging the best of both worlds. Data Science, however, has always been the foundation of the actuaries profession. The demand for actuaries and data science is increasing considerably, thanks to many uncertainties lurking around the globe. The need to manage risks is acutely high. According to experts, there will be a 20% increase in the demand for actuaries and data science globally in the coming decade. As per some predictions by the U.S. Bureau of Labor Statistics, the Employment Projections program, the field of actuarial science is expected to produce 30,000 employment opportunities by 2028.
XL Advisors has compiled a diversity of experts that bridges the gap between the companies and the right candidates. We span actuaries, statisticians, data scientists, product leaders, strategy consultants, software engineers, industry experts, futurists, and more dedicated to harnessing the power of data science to drive dynamic outcomes for our clientele, individuals, and companies