Indian Auto Sector Set for 70% Workforce Expansion in H2 FY25

03 Feb 2025 CW Team

The Indian automotive sector, contributing around 7% to the country’s GDP, is expected to see a 70% workforce expansion in the second half of FY25, according to a report by TeamLease Services. The sector is witnessing an 8.5% net employment change, driven by rising demand for electric vehicles (EVs), premium models, and high-tech connected automobiles.

With companies ramping up EV production and integrating advanced technologies, there is a surge in demand for specialised roles, including robotics experts, software engineers, and supply chain managers. Chennai (63%), Mumbai (62%), and Delhi (61%) lead in workforce expansion for existing roles, while Gurgaon (19%) tops new job opportunities, followed by Mumbai, Indore, and Coimbatore at 15% each.

Employers are investing in skills like IoT, AI, and analytics while optimising resources to stay competitive. Engineering roles dominate hiring intent at 66%, followed by sales (60%) and information and communication technology (ICT) roles (56%). However, 82% of employers are extending working hours to meet seasonal demand rather than solely expanding their workforce, reflecting a strategy to balance productivity with cost efficiency in an evolving market.

(zeebiz)

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