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The Indian automotive industry is one of the largest industries growing at a compound annual growth rate (CAGR) of 17 per cent over past five years. In recent years, India has become a major auto hub and emerged as an important global manufacturing base for automobile companies as it provides low cost production opportunities along with an added advantage of having a well trained workforce at competitive costs. The various segments of the industry include two wheelers, passenger vehicles, commercial vehicles and three wheelers. The two wheeler segment is the second largest in the world and is three fourth of the entire Indian auto market by volume. The four wheeler segment is also developing fast, growing at a CAGR of 23 per cent from last five years. Growth prospects The Indian automobile industry is poised to become the third largest in the world by 2020, with the country’s share of the global passenger vehicle market expected to rise from 4 per cent in 2010-11 to 8 per cent in 2020, according to the estimates by JD Power and Ernst & Young. Employment scenario The sector provides employment (direct and indirect) to 13 million people. Direct employment includes original equipment manufacturer (OEM) and auto manufacturers while indirect employment includes auto finance, service, repair, drivers insurance, dealership, cleaners, etc. In today’s highly competitive market, companies are focussing on innovative products to differentiate themselves. Therefore, the demand for automobile engineers is at its peak. Talent challenges The growth pattern of automobile industry is creating a huge demand for skilled manpower who can successfully steer companies through challenging times. The availability of skilled manpower is gradually falling short of the industry’s requirements. Therefore, companies are finding it difficult to hire competent human resource. Role of recruitment consultants Expecting the size of requirement for manpower to handle the growth, companies are considering hiring recruitment consultants to meet their staffing needs. The trend is very common in metro cities like Delhi. Automotive placement, consultants in Delhi offer targeted candidate searches in a variety of automotive fields, usually based on job descriptions provided by the client. Whether you are seeking engineers, mechanics, or administrative professionals, auto recruiters can save both your time and money by connecting you with a strong candidate pool that meets your employment specifications. Before selecting any automotive recruitment consultant, one should consider the following points: Search for an auto consultant that offers tailor-made recruitment solution for your staffing needs Identify payment options offered by the consultant to determine a fee structure that is adaptable for your business Learn about the recruitment practices and methodology they will adopt Leading automotive recruiter ABC consultants is a leading automotive recruitment consultant providing corporate staffing solutions for automotive sector. They offer the best talent who will not only be an asset to the organisation but also be instrumental in the company’s growth. To sum up, if you are recruiting in a niche market and you chose your consultancy well, you should gain access to your key candidate at speed.
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