The 'Career Outlook Report HY1 (January–June 2024)' by TeamLease EdTech projects a 7 per cent surge in the recruitment of fresh graduates for India's manufacturing sector. This increase coincides with heightened capital investments and increased merger and acquisition activities within the flourishing automobile, electronics, and textile domains.
Here are the key insights from the report:
1. The manufacturing industry's commitment to hiring fresh talent stood at 48 per cent during January–June 2024, up from 41 per cent in the preceding July–December 2023 period.
2. Key roles in demand comprise Product Designers, Automation Engineers, Embedded Engineers, Mechanical Engineers, and Quality Assurance Assistants, necessitating certifications or bachelor's degrees in Product Design, Automation Engineering, Embedded Systems and Design, Mechanical Engineering, and Quality Analysis.
3. Bengaluru records the highest demand for automation engineers at 61 per cent, while Chennai takes the lead with a demand of 56 per cent for embedded engineers.
The need for specialised roles extends beyond major metropolitan areas, with cities like Chandigarh and Nagpur showcasing significant requirements. While Chandigarh exhibits a robust demand for product designers (42 per cent) and QA assistants (45 per cent), Nagpur showcases a requirement for embedded engineers (47 per cent) and QA assistants (40 per cent).
Shantanu Rooj, Founder and CEO, TeamLease Edtech, said, “The surge in hiring within India's manufacturing sector reflects a growing confidence in the industry's growth trajectory. As investments pour in and technological advancements reshape production processes, there's a palpable sense of momentum driving the sector forward.”
The study encompasses 377 companies of various sizes operating in 18 different sectors throughout India. These companies are located across 14 different cities, including metropolitan areas as well as tier-1 and tier-2 cities, providing a comprehensive view of the hiring outlook.
