How bad is the PM job market in India?

How is the job market for APMs and PMs right now in India? I see a few companies hiring but have heard that folks have not received any good responses.

Not getting any interview calls. Is this happening with everyone (who is not from tier 1 college)?

I have been applying on various job portals - LinkedIn, Naukri, Instahyre. But not getting any shortlists. Asking for a referral feels like a transaction because the other person does not know me. What other strategies have worked for you?

Guys..how is the job market in India currently, I heard people are getting less call for interview now a days ..is it so ?

Profile- 4 YOE, B.Tech from old IIT I started looking for new roles towards the end of June, and it took me approximately two months to get an offer letter. My skillset in a niche technical area helped me to get this offer. My advice to folks looking for a job, focus on your strengths and do not get discouraged. It's brutal out there, but you need only one job. Stay focused.

Hardly getting any calls for PM roles. Is the market really cold? Or AI rejections are taking over potential interview callbacks?? I see a 10/10 match with my profile for a JD but eventually get rejection mail even for screening/shortlisting, I suspect AI rejection is taking over. Appreciate Any thoughts and tips in such frustrating times.

Or has Linkedin's listing logic changed?

In the last 3 months, I have appeared for PM interviews for three major startups. After collectively going through 12 interviews (3 of them in person) and 2 assignments - I have nothing to show for. The position just evaporates AFTER the whole process has been done. In one of the cases, HR also collected all the necessary documents like salary slips, appointment letter from current org and the likes and asked me put down my papers over a verbal commitment. Good thing I didn't do that. It's so ridiculous that these so called unicorns can't even do one little hiring correctly. And how it's even possible to initiate hiring if they don't even have the clarity on whether they want to hire or not? Idk if it's the consequence of a shitty job market or it's my luck. Just feeling extremely frustrated because there's nothing I can do about it. I clear all the interviews and do the assignments perfectly - what else I can do? HRs don't even have the guts to apprise me proactively. They'll just stall releasing of the offer letter for weeks and stop taking your calls. One fine day when they finally decide to spare some of their holy time - it's usually a one line response: Position went on a hold, will let you know. Bye. Indian job market is really the worst. Absolutely zero ethics and no value for anyone's time.

Hello! I am an entrepreneur who has 4+ years of relevant experience as a business analyst and of Product Manager. I am looking for a PM opportunity, as I could not scale my venture. My experience was majorly focused in the growth domain with e-commerce and SaaS projects. I have completed a couple of PM courses to brush up my knowledge. I have applied for 200+ companies in the past month, but did not hear back from anyone. Kindly share any advice so I can upskill myself more effectively. Also please share some insights on how I can get referrals from my network.

Have 4.5+ years of product experience in e-commerce, IoT space. Finding difficult to even get interview calls. Is there anyone else who is struggling too? What are the measures are you taking? Any advice?