India's staffing industry surges 5% in Q2 FY26 sequentially

New Delhi: The overall staffing industry in India witnessed robust quarter-on-quarter (QoQ) growth at 5 per cent in the second quarter of the current financial year (Q2 FY26), while maintaining an annual growth rate of 5.8 per cent year-on-year (YoY), a report said on Wednesday. The surge in employment reflects a positive demand for a formal staffing workforce across various key sectors. The general and IT staffing industries both contributed positively to the overall growth trajectory in Q2 FY26. "The General Staffing Industry witnessed a growth of 5 per cent QoQ in the quarter under review and at 5.5 per cent YoY, driven by demands from FMCG, e-commerce, retail and others. Banking, financial services, and insurance, fueled by digital transformation and compliance hiring, added new employment," the Indian Staffing Federation said in its report.