Manufacturing Sector Gears Up For Hiring

India's manufacturing industry is likely to see a jump in hiring activities in the coming years as business sentiments have improved, as per HR professionals.

As per recent surveys, export orders are growing, while rising domestic demand is likely to further boost the growth rates for the manufacturing sector. The government, too, is seeking to boost the sector's growth and the target is to create 100 million jobs by 2022.

Industrial manufacturing major Aequs' Chairman and CEO Aravind Melligeri said, "As for most of the policies, successful implementation will depend on enabling legislation."

While the Union Budget 2014-15 had many positive signs for manufacturing, there was less than expected progress on tax and labour law reforms, he said. "In light of this, we are optimistic but guarded about the future," Melligeri added.

"At an entry level, there seems to be good supply of talent from the different technical institutions. This way, I feel we are ready to face the growing demands of the business. But there is a worrying void for good quality Managers who can be developed into Leaders," German conglomerate Freudenberg's Regional Corporate Centre (India) HR head Srinivas Ghanagam said.