NEW DELHI: India’s manufacturing trade’s intent to rent recent graduates has jumped to 48 per cent within the first half (January-June) of 2024, a rise of seven per cent from 41 per cent in July-December 2023, a brand new report confirmed on Wednesday.
In keeping with studying and employability options supplier TeamLease EdTech, this surge coincides with boosted capital investments and elevated merger and acquisition actions throughout the vehicle, electronics, and textile domains.
“As investments pour in and technological developments reshape manufacturing processes, there is a palpable sense of momentum driving the sector ahead. This presents an thrilling alternative for younger expertise to contribute meaningfully to India’s industrial resurgence,” stated Shantanu Rooj, Founder and CEO, TeamLease Edtech.
The report comprises 377 corporations of varied sizes working in 18 totally different sectors all through India.
Key roles in demand embody product designers, automation engineers, embedded engineers, mechanical engineers, and high quality assurance assistants.
As per the report, Bengaluru emerged as a hotspot for automation engineers, with a 61 per cent demand for professionals on this discipline. In the meantime, Chennai leads within the demand for embedded engineers, with 56 per cent of corporations actively in search of expertise on this area. Hyderabad and Gurugram stand out as most well-liked locations for mechanical engineers, capturing 50 per cent and 47 per cent of the demand, respectively.
The necessity for specialised roles expands past main metropolitan areas, with cities like Chandigarh and Nagpur showcasing important necessities, the report famous.
“It is attention-grabbing to see sectoral demand in smaller cities like Chandigarh and Nagpur. This presents a novel alternative for job seekers to transcend the normal Tier 1 cities,” stated Jaideep Kewalramani, Head of Employability Enterprise and COO, TeamLease Edtech.