Meanwhile, other consultancy firms such as -- Antal International and Naukri.com -- are also bullish on their outlook for the Indian labour market.
According to recruitment firm Antal International, the July-September period has witnessed a smart surge in hiring activities that is likely to remain bullish in the December quarter as well.
HR consultancy Naukri.com believes hiring would start looking up in the next three months with new budgets and plans kicking in from January onwards in many companies.
Kishore said 2010 was a significant year with India reporting a robust growth momentum and the domestic market picking up. "We are moving into 2011 with a lot of confidence that it will be a better year than 2010," he said.
Hiring sentiment in 2011, will only improve or would remain stable, because there are no signs of a slowdown in domestic demand. "People can expect in 2011, a better scenario for earnings both for corporates and individuals," Kishore added.
Employer hiring expectations in Asia Pacific continue to be strong, he said. Regional hiring plans continue to be strongest in India, China and Taiwan and weakest in Japan, despite a cautious optimistic forecast from employers, the Manpower report says.
Over the world, employers in 32 of 39 countries and territories surveyed expect varying degrees of positive hiring activity in the first three months of 2011, with those in India, China, Taiwan, Brazil, Turkey and Singapore reporting the strongest hiring plans.
Must watch movies at Bangalore film fest
Taiwan Prez enters Asian Games taekwondo dispute
Taiwan's Lu stuns Roddick at Wimbledon
Roddick and Sharapova march on in Memphis