In December, a US-based IT firm which had set up a development center in Bangalore, told 35 headhunting consultants to make their bid for recruiting 900 engineers by the end of this year. Bangalore, the Silicon Valley of India, is the base for more than 900 IT firms such as Sun, Motorola, IBM, Siemens, General Electric, Cisco and Nortel and accounts for about 40 percent of India's total software exports. The market is getting flooded. Job applications to Fischer have shot up to 100 a day from 30 a couple of months ago. It is hard to relocate them.
Competition is tough and only guys with experience are able to get jobs.
The situation is far removed from one year ago when companies such as Fischer were trawling pubs, hotels, and even clubs and discos in their search for badly needed talent. Now the mere mention of a job offer is enough to lure a shoal of candidates, and consultants like Doddbele are less than 100 percent sympathetic. Earlier they were in a position to command. They would never reveal how many job offers they had at a given point of time. They would schedule interviews and never turn up.