Lifestyle & grocery retailers reverse FY21 trend, hire over 180,000 people

The total number of employees in eight of the top retailers in India went up 57 per cent to 4,90,000 in FY22, with Reliance Retail hiring the most number of people at 1,61,000

The retail sector in India is bouncing back after the slow period of the coronavirus pandemic. In FY22, the listed lifestyle and grocery retail companies in India reversed the trend of FY21 and hired over 1,80,000 employees, according to an Economic Times report. The trend is expected to continue in FY23.

"Significant investments are happening in the retail sector. Companies are looking to use this fresh capital to shore up hiring across multiple verticals, with some startups looking to add more physical stores too," Rituparna Chakraborty. executive director of HR firm TeamLease was quoted as saying by ET.

FY21