Indian Automotive Sector Doubtless To See 70% Workforce Growth In H2 FY25 | Economic system Information
New Delhi: The Indian automotive sector, which contributes roughly 7 per cent to the nation’s GDP, is more likely to see 70 per cent workforce growth within the second half of FY25, a report confirmed on Thursday. The automotive sector is experiencing a web employment change of 8.5 per cent, with hiring momentum fuelled by rising shopper curiosity in electrical autos (EVs), premium fashions, and high-tech, related cars, mentioned the report by TeamLease Providers, India’s premier staffing options firm.
This surge in demand is compelling firms to ramp up EV manufacturing and combine superior applied sciences, creating a strong demand for specialised roles similar to robotics consultants, software program engineers, and provide chain managers. A major 70 per cent of employers within the sector plan to develop their workforce, showcasing the business’s development trajectory and its pivotal function within the Indian financial system.
The geographical distribution of hiring traits reveals that Chennai (63 per cent), Mumbai (62 per cent), and Delhi (61 per cent) are the main cities for workforce growth in current roles. For brand spanking new job alternatives, Gurgaon took the lead, with 19 per cent of employers indicating growth, adopted intently by Mumbai, Indore, and Coimbatore, every at 15 per cent, in response to the report.
“The automotive sector is witnessing a shift because it adapts to altering shopper preferences and technological developments. The deal with EVs, related autos, and premium fashions has redefined the business’s development narrative and expertise necessities,” mentioned Subburathinam P, Chief Working Officer, TeamLease Providers.
Corporations are investing in specialised ability units like IoT, AI and Analytics whereas optimizing current sources to remain aggressive. This dynamic interaction between innovation and workforce technique positions the sector as a key driver of India’s financial and employment development, he talked about. By perform, engineering roles dominate hiring intent at 66 per cent, adopted by gross sales (60 per cent) and knowledge and communication expertise (ICT) roles (56 per cent).
A major 82 per cent of employers within the sector are extending working hours to satisfy seasonal demand somewhat than solely increasing their workforce. This strategy displays a acutely aware effort to stability productiveness with value effectivity, significantly in a sector marked by speedy technological developments and shifting market dynamics, mentioned the report.
