Looking for a job? Well, this is the best time to be in India. India will see over 1 million new jobs this year said the Ma Foi Employment Trends Survey.

Ma Foi, one of India's largest HR consultancy firms, has predicted a 3 per cent increase in employment in 2008. Education, health and hospitality sectors will see a major jobs boom this year. These sectors are likely to replace the IT sector as the largest job creator in India. The health sector shows the highest growth in recruitment at 8.9 per cent followed by IT at 7.3 per cent, ITeS at 7.2 per cent and hospitality at 6.9 per cent.

About 426,668 jobs are going to be generated by the hospitality sector. This sector is closely followed by health at 295,829 and education training and consultancy at 166,005.

When it comes to salary hikes, energy generation and supply sector will experience the highest average salary increase of 16.8 per cent. Other booming sectors in terms of average salary increase are information technology, real estate and construction, trade and hospitality. Image: Graduates from Indian School of Business, Hyderabad