Green field areas are in areas of manufacturing, design, sourcing & supply chain and engineering services. Organizations are in need of science, technology and engineering talent to continue to support future growth. Also required are specialized skill sets, with niche requirements. Attracting and retaining critical talent is increasingly viewed as a top strategic issue
With increase globalization and enhanced production capacities there will be growth the areas of Research and Development, manufacturing, construction, operations, information technology, corporate management, human resources, production, body shop, maintenance, mechanical engineering, sales and service, marketing, finance, customer care, design, etc. With introduction of robotics, AI, and Electrical vehicles there will be changes in processes and talent requirement
The country is currently facing acute shortage of faculty at the higher education level. There exists a huge demand supply gap, and the sector is currently reeling under a huge talent crisis.
Electronics Manufacturing Services
Various multinational companies to set up their R&D centres in the country. High attrition rate due to the small pool of talent available for both manufacturers and machine sellers is another reason for the shortage of skilled hands
Electrical Equipment Industry
The sector has become technology intensive, thus raising requirements of tech-savvy talent with the ability to increase productivity, using technology
Renewable Energy Growth area are design, installation and commissioning of solar projects.
The Engineering can be broadly categorized into two segments – heavy engineering and light engineering. The se heavy engineering,sector is highly structured and technology driven.
The sun rise sectors power and energy, mining, water and sewage treatment and port infrastructure.
There is need for talent pool of scientists, researchers, and engineers, as well as its large, well-educated English-speaking workforce, to India an attractive destination for manufacturer.
The diverse growth sub sectors such as light and heavy engineering, plastic, metals, fine and heavy chemicals, textiles.
India has one of the most developed financial markets in the developing world. The investment services also have requirement of professionals from financial services. The new growth in financial services, creating demand for highly skilled finance professionals.
The growth areas are Investment banking, Retail financial services, Insurance, Wealth Management etc. Financial sector companies require upgraded professionals statutory compliance.
Sales & marketing professionals from FMCG companies have been poached by companies from sectors such as telecom, textiles, pharmaceuticals and automobiles, in various parts of the world. The trend is likely to continue. FMCG professionals are much sought after as they bring with them specific skills which can effectively drive business transformation.
To sustain the current growth rate, the construction industry is set to face a challenge in terms of sourcing manpower, especially in project design, planning monitoring and execution. Another important aspect is maintenance of heavy duty machinery. There is also shortage of contractors.
The sector includes software solutions, hardware, IT services, engineering and R&D services and ITES (IT-enabled services). In the ITES segment, India has emerged as one of the most preferred destinations for companies looking to offshore their IT and back-office functions due to cost arbitrage, availability of skilled manpower.
There is an increasing demand for a talent pool that has the skills to deliver value-added and unique solutions. This will also call on out of the box thinking by companies to ensure that their people are “future ready”
Amidst the major challenges faced by the industry are threats from piracy and violation of intellectual property rights. There is death of quality content, lack of cohesive production and distribution infrastructure. For being there increasingly focus on their quality of talent.
However, the sector continues to reel under challenges of paucity and mismanagement of talent and lack of standardization. The demand supply gap particularly with regards to “right” creative content talent is another chronic trend.
Applied research and specialized talent are the need of industry. The industry being a Research & Development (R&D) driven business, there is a high need for people with both technical as well as practical knowledge and skills.
Across all the levels of the industry value chain, there is an intense requirement of talented people to discover, develop, license, manufacture, market and monitor medicines.
The sector includes chemicals & petrochemicals, cement & aggregates, minerals, mining & metals, oil & gas / petroleum, steel, EPC companies, agribusiness, rubber &tyre, plastics (plastic raw material and plastic processing), packaging, glass, ceramics & marble, water treatment, pulp, paper & printing, paints & lubricants, textile, sugar etc
There is great demand of engineering talent pool in 2009). However, according to industry sources, only 40-50% of the graduates are employable, increasing the demand supply gap
Within a short span of time the sector has evolved from a highly fragmented and unorganized market into a semi-organized market with a large number of listed companies.
The sector is in strong need of candidates having experience in land acquisition (which is mostly localized), construction management, project management&facility management.
Major organized retail formats include Hypermarkets/ Supermarkets, Departmental Stores, Convenience Stores, Shopping malls, E-retailer, Specialty Stores.
Organized retailing is manpower intensive and is the second largest employer in India. The current scenario indicates that there will be a very high demand for manpower to match the scope of plans of various retailers in the near future. Organized retailing is also seen generating a great deal of indirect employment such as security, electrical and mechanical maintenance, property management services, parking, etc. The sector is facing competency gaps in various key areas like supply chain management, vendor development and customer relations management
- Some agricultural services (including landscaping and horticulture)
- Hotels and other places of lodging
- Personal services (including dry cleaning, tax preparation, and hair cutting)
- Business services (including temporary agencies and business software developers)
- Automotive services
- Miscellaneous repairs
- Motion pictures
- Amusements and recreation
- Legal services
- Private education
- Social services
- Museums, zoos, and botanical gardens
- Engineering and management services (including consulting)
- Other miscellaneous services
The high growth potential in the sector, makes it a highly sought after sector by professionals. The sector includes fixed line telephony, mobile telephony, internet (wireless, broadband, 3G) and telephone equipment.Latest services such as 3G and WiMax would further help stimulate growth rate in the sector. With the ongoing investments into infrastructure deployment, the country is projected to see high penetration of internet, broadband and mobile subscribers
There is need for leaders for planning and execution.across the value chain – operators, services providers, network operators and equipment providers.
Non Government Organizations (NGO) are non-profit voluntary groups established at local, national or international level, dealing with social issues. However, the sector is becoming more organized with various multi nationals and Indian business houses embracing the culture of giving.
The NGO sector is not an obvious choice for mid career professional There is significant demand for effective fund raising personnel.
India is the preferred destination for off-shoring and outsourcing (O&O) services. India is becoming the world’s largest destination for BPO services delivery. Due low manpower costs, availability of skilled professionals proficient in English, and enviable software development capabilities have made India a lucrative destination.
In the last two decades, the Information Technology and Enabling Services (ITES) segment has moved up the value chain and now the services include knowledge process outsourcing (KPO), legal process outsourcing (LPO), games process outsourcing (GPO) and design outsourcing, among others.