7% Increase in The Manufacturing Sector’s Intention to Recruit Fresh Graduates

Career Outlook Report HY1

The “Career Outlook Report HY1 (January–June 2024)” by TeamLease EdTech forecasts a 7% increase in hiring fresh graduates within India’s manufacturing sector. This growth is linked to increased capital investments and frequent mergers and acquisitions, particularly in the thriving automobile, electronics, and textile industries.

Key findings from the report include:
1. The manufacturing sector’s intent to hire new graduates rose to 48% during the first half of 2024, up from 41% in the latter half of 2023.

2. In-demand positions include Product Designers, Automation Engineers, Embedded Engineers, Mechanical Engineers, and Quality Assurance Assistants, with relevant qualifications needed in fields like Product Design, Automation Engineering, Embedded Systems and Design, Mechanical Engineering, and Quality Analysis.

3. Bengaluru and Chennai lead the hiring demands for automation and embedded engineers, respectively. Other cities like Chandigarh and Nagpur also strongly demand specialised roles, indicating a broader national trend in specialised manufacturing recruitment.

Shantanu Rooj, Founder and CEO of TeamLease Edtech, commented, “The uptick in recruitment within the manufacturing sector signifies a robust optimism about the sector’s expansion and the positive impact of technological advancements on production.” The study analysed 377 companies across 18 sectors and 14 cities, offering a detailed view of the employment landscape across major metropolitan as well as tier-1 and tier-2 cities.

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