IANS | 24 Apr, 2024
India's manufacturing industry's intent to hire fresh graduates has
jumped to 48 per cent in the first half (January-June) of 2024, an
increase of seven per cent from 41 per cent in July-December 2023, a new
report showed on Wednesday.
According to learning and
employability solutions provider TeamLease EdTech, this surge coincides
with boosted capital investments and increased merger and acquisition
activities within the automobile, electronics, and textile domains.
"As
investments pour in and technological advancements reshape production
processes, there's a palpable sense of momentum driving the sector
forward. This presents an exciting opportunity for young talent to
contribute meaningfully to India's industrial resurgence," said Shantanu
Rooj, Founder and CEO, TeamLease Edtech.
The report contains 377 companies of various sizes operating in 18 different sectors throughout India.
Key
roles in demand include product designers, automation engineers,
embedded engineers, mechanical engineers, and quality assurance
assistants.
As per the report, Bengaluru emerged as a hotspot for
automation engineers, with a 61 per cent demand for professionals in
this field. Meanwhile, Chennai leads in the demand for embedded
engineers, with 56 per cent of companies actively seeking talent in this
domain. Hyderabad and Gurugram stand out as preferred destinations for
mechanical engineers, capturing 50 per cent and 47 per cent of the
demand, respectively.
The need for specialised roles expands
beyond major metropolitan areas, with cities like Chandigarh and Nagpur
showcasing significant requirements, the report noted.
"It's
interesting to see sectoral demand in smaller cities like Chandigarh and
Nagpur. This offers a unique opportunity for job seekers to go beyond
the traditional Tier 1 cities," said Jaideep Kewalramani, Head of
Employability Business and COO, TeamLease Edtech.