The Auto Sector witnessed an average 6 per cent growth in employment opportunities in February 2015, reports TimesJobs data.
April 1, 2015: The ‘Make in India’ campaign has revived the hiring sentiments in the Indian manufacturing sector. With experts predicting India as the third-largest auto manufacturer in the world by 2020 the automotive and auto component industries are set to see accelerated growth in workforce demand and hiring as well. Preparing for this boost, the year-on-year analysis of TimesJobs data between Feb 2014 and Feb 2015, shows a significant 6 per cent increase in demand for talent for the auto sector.
Demand across Functions
To sustain increase in production, the auto sector is witnessing a growth in demand for talent in engineering, quality assurance, technology, logistics, operations and product development domains.
R&D being a core competitive advantage, demand is high for design and AutoCAD engineers, prototype modelers, developers, and testing engineers. With key focus on quality assurance & control in product design and production, automakers have increased hiring for QA and QC professionals as well.
“As the war for bigger market share intensifies among automobile companies, demand for R&D, quality assurance professionals and design engineers will accelerate in 2015. Since most of the R&D work is happening in Indian engineering centres, for domestic as well as global automobile players, demand for engineers and production management professionals will also see a boost.” says Vivek Madhukar, COO, TimesJobs.com.
National and International Demand
With lower oil prices and increasing consumer purchasing power, the auto sector is focusing on building talent capabilities in the manufacturing hubs of Delhi-NCR, Chennai, Pune, Mumbai and Indore, reports TimesJobs.
In a state-wise analysis, Maharashtra (excluding Mumbai and Pune) still tops the recruitment chart as companies build strength in their R&D and engineering centres in the state.
Demand for talent willing to relocate overseas, has also witnessed a significant rise as international markets in Africa, Middle East and South East Asia are seeing Indian companies enter in expansion mode.
Markets in the Middle East and South Africa have made a significant contribution in raising demand for professionals in the engineering and supply chain management functions, reports TimesJobs data.
Hiring outlook
According to TimesJobs.com data, demand for HR specialists in employee engagement and retention domain will also see a significant rise as companies face acute talent crunch and attrition, especially at the middle level.
Experts believe Punjab, Indore and Bengaluru to be the emerging hiring hotspots for 2015. Demand for sales specialists with expertise in new and used vehicles is also expected to rise.
About TimesJobs.com:
TimesJobs.com, India’s leading career and recruitment portal, is one of the best-selling online ventures of the Times of India Group. Conceived and launched in 2004, TimesJobs.com currently has a candidate database of more than 20 million registered job-seekers across levels and functions who clock-in over 40 million page views a month.
TimesJobs.com is positioning itself as an engagement platform and knowledge resource for insights, information, analysis and opinions on the recruitment market. Well known for its product innovations and unmatched deliverables, TimesJobs.com has pioneered the platforms of:
– JobBuzz.in for candidate engagement with company reviews and ratings
– TechGig.com as India’s leading IT network for careers, coding and competitions
– Step Ahead for career assessment and enhancement services
– RecruiteX as the definitive demand and supply recruitment index
– The TJinsite knowledge series and a lot more.
TimesJobs.com serves a corporate customer base of more than 25,000 clients from across the globe. It has been serving clients like HCL, IBM, Yamaha, Godrej, HSBC, Mahindra, Bajaj Allianz, TCS and Thomson Reuters to name a few.