Global aerospace giant Boeing recently said it will hire 1,500 more engineers to drive digital innovation at its engineering and technology centre in Bengaluru.
2 Siemens, which is giving a big push to its digitisation drive in India, will hire 4,000 people over the next two years, primarily to strengthen its research & development (R&D) centre and digital innovations.
3 Tata Steel has hired 100 fresh graduates over the past year as it looks to diversify its product portfolio, support expansion and acquisitions.
4 Vedanta has hired 2,000 in the previous fiscal, including fresh engineering and management graduates, as well as from laterals.
5 It’s a similar story at wind turbine supplier Suzlon Energy, which is seeing a 24% increase in hiring and an increase of 31% in indirect jobs from FY15 to FY17.
6 There are clear signs of green shoots sprouting in pockets of local manufacturing in sectors as diverse as steel, auto, chemicals and energy. Even the RBI data shows banks’ lending to new projects, as against existing ones, has gone up for the first time in six years.
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8. There’s jobs creation in the roads and construction sector too, where there is a public investment uptick after two to three years. This, in turn, is creating secondary demand for goods.
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10 Recruiters expect the local automotive industry alone to see an addition of 20,000-30,000 jobs in 2018-19, across levels. HR services firm PeopleStrong predicts 8-12% more employees on-year in FY19.
11 Both Maruti Suzuki and Tata Motors, India’s top two vehicle makers, will together add 4,500 employees in this fiscal to deal with their growing product portfolio and sales.
12 According to latest Monster Employment Index, production and manufacturing was most actively hiring sector for 4th consecutive month till July. The sector has registered 54% on-year growth in April, 56% in May, 49% in June and 60% in July.
13 It is a myth that innovations in manufacturing and automation will reduce job prospects. India will be one of the largest manufacturing economies of the world,” says a confident Yogi Sriram, senior vice-president, corporate HR, L&T.
14 Siemens has identified more than 40 projects in India where it is partnering with customers.
To boost local sourcing, Airbus has increased its purchase from Indian companies — including Hindustan Aeronautics and about 45 private firms such as Dynamatic & mahindra Aerospace
To boost local sourcing, Airbus has increased its purchase from Indian companies — including Hindustan Aeronautics and about 45 private firms such as Dynamatic & mahindra Aerospace
15 “We have created over 6,000 direct and indirect jobs across our supply chain.” Rajeshwar Tripathi, chief people officer, MAHINDRA
16 And you thought it is over. Best is yet to come
