|
The Indian telecommunication industry is the fastest growing market in the world. The industry has experienced exponential growth over the past few years and has emerged as the second largest network in the world. With the existence of several big global manufacturers, the mobile phone market in India is highly competitive. The consumer demand for connection is at its highest as the services becoming more readily available. India’s mobile services market is expected to touch Rs 1.2 lakh crore in 2013, an increase of 8 per cent from Rs 1.1 lakh crore in 2012, according to Gartner. Broadly classifying the telecom sector into two categories of companies, Venugopal Sharma, senior manager, software development, Cisco, said, “Basically, there are companies that provide telecom services, such as carriers like Airtel and Reliance, and companies that develop products for the telecom sector, such as Cisco, Alcatel Lucent and Juniper to name a few.” Major growth drivers The major factors responsible for the growth of telecom sector are use of modern technology and market competition. The growth of the sector is highly driven by supportive government policies, emerging new technologies and changing consumer behavior. The Government intends to make India a teleport hub, enabling it to become an up-linking/down-linking centre. The initiative is expected to facilitate foreign investments, better technology and sustainable employment opportunities in the country. Further, the Government has recently approved 100 per cent foreign direct investment (FDI) in the telecom sector. Recruitments in telecom sector The telecom sector is a still emerging industry in India and hence it is recruiting experienced as well as inexperienced people on a monthly basis. With the introduction of new technologies, recruitments in telecom sector’s hardware and software domain are rapidly increasing. Talent Challenges for companies The high growth potential in the sector, makes it a highly sought after sector by professionals. Despite the availability of skilled professionals in the industry, entry of new players disturbs the demand supply equilibrium, and companies are often seen struggling in recruiting and retaining talent owing to multiple opportunities available in the market. Selecting candidates as per their requirements has become a very difficult task for companies nowadays and this is the reason that the success rate of recruitment from most institutions is low. The market is highly competitive and industry players need senior and middle level talent to successfully lead companies. The presence of right leaders is crucial to all stakeholders across the value chain - operators, services providers, network operators and equipment providers. Role of placement consultants Placement consultants in India provide complete recruitment solutions to corporates. They are always equipped with the latest industrial practice and current corporate ethics and provide timely, valid and cost-effective solution for better growth and prosperity of the organisation. These HR consultants provide you the opportunity to transfer complete staffing responsibility to experts who, in return for a fee, will aim to bring you applicants matching your exact requirements. ABC's Perspective ABC Consultants, one of the leading HR consultants offer tailor-made staffing solutions for all sizes of telecom companies at various levels. The company has a team of qualified telecom experts, who have a background of having worked in the industry, gives valuable advice to clients and gives the best recruits to companies by virtue of having access to top management talents in the industry.
Related Articles -
placement consultants, HR consultants,
| 
