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

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

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)    

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)    

Next Story
Infrastructure Urban

CRCL, IIT Delhi Sign MoU to Boost Science and Ease of Business

The Central Revenues Control Laboratory (CRCL), Central Board of Indirect Taxes and Customs (CBIC), Department of Revenue, Ministry of Finance, and the Indian Institute of Technology (IIT) Delhi signed a Memorandum of Understanding (MoU) toward trade facilitation and improving the ease of doing business. This MoU collaboration aims to foster R&D, innovation, and scientific excellence at CRCL, bolstering trade facilitation and regulatory efficiency.The MoU was signed by Prof. Rangan Banerjee, Director, IIT Delhi, and Shri V. Suresh, Director, CRCL, in presence of Shri Surjit Bhujabal, Speci..

Next Story
Infrastructure Urban

CAQM Sub-Committee Activates 27-Point Plan to Improve NCR Air Quality

The daily average AQI of Delhi has been hovering marginally above 200 threshold with forecast of slight improvement since last two days. Today, Delhi’s daily average Air Quality Index (AQI) clocked 213 (‘Poor’ category), as per the daily AQI Bulletin provided by the Central Pollution Control Board (CPCB), owing to variable winds. In wake of the average/ overall air quality of Delhi recording ‘Poor’ air quality category ranging between 201-300, the CAQM Sub-Committee on GRAP met today to take stock of the current air quality scenario of Delhi-NCR. While comprehensively reviewing the a..

Next Story
Infrastructure Urban

DoT Launches Financial Fraud Risk Indicator to Boost Cybersecurity

In a major step towards combating cyber fraud and financial crime, the Department of Telecommunications (DoT) has announced sharing of “Financial Fraud Risk Indicator (FRI)” with stakeholders- an output from a multi- dimensional analytical tool developed as part of the Digital Intelligence Platform (DIP) to empower financial institutions with advance actionable intelligence for cyber fraud prevention. This will enhance cyber protection and validation checks in case of mobile numbers flagged with this tool when digital payment is proposed to be made to such numbers.What is the “Financial ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?