Updated on 31 December 2013
"Since our economy still remains a good mix of organized and unorganized, large corporates and small enterprises, a large number of people in rural India dependent on agriculture and the tertiary industries, there are inherent and inbuilt strengths which come handy when the chips are down," said Rana Kapoor, president, ASSOCHAM.
The report added that recruitment from the pharmaceuticals sector would remain active, though the aggregate number would be much smaller than the IT sector, followed by agro-based industries.
"Agriculture sector has posted robust growth in 2013 and is likely to do so in 2014, based on better prospects for the Rabi crop. The positive spin off would be evident in a whole lot of industries which are directly linked," the report said.