The Indian automobile sector is set to witness a pickup in hiring over the next 12 months, largely driven by the passenger vehicle segment which has seen many launches in the last year in addition to the advent of new technologies in areas such as electrified and driverless vehicles.
A recent study carried out by HR services firm PeopleStrong predicts the automobile industry to hire 8-12% more employees in fiscal 2019 than this year.
“Hiring at the leadership level and middle-management level may be very limited as we have put in place a robust succession planning process,” Chandel said, adding that most of the recruitment would be at the entry and junior management levels.
“Automotive is one of those sectors which seems to be on the way to revival as far as hiring intent is concerned,” said Pankaj Bansal, the chief executive at HR company PeopleStrong.
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