India – Auto sector recruitment expected to grow in 2020 (Economic Times)

India’s automobile industry may see hiring grow by 10 to 15% in fiscal year 2020 compared to the previous year, reports the Economic Times, citing a study from PeopleStrong. The expected growth in recruitment comes as new products and technologies, expanding capacity and stiffer emission rules kick in, providing employment opportunities at both leading car manufacturers as well as component makers. Car manufacturer Maruti Suzuki for example, will require between 2,000 and 3,000 workers once its second plant in Gujarat is commissioned. Meanwhile, automobile companies will also have to comply with tougher emission standards by April 2020, and other regulations which are expected to lead to higher demand for skilled labour. Roles in research and development and calibration are also expected to see an uptick in the next 12-18 months and will form about a quarter of the total hiring in the sector. Industry estimates showed that the top five automakers and component manufacturers together employ approximately 150,000 workers, including full-time and contract workers.

Source:: http://www2.staffingindustry.com/row/Editorial/Daily-News/India-Auto-sector-recruitment-expected-to-grow-in-2020-Economic-Times-49572