Good news for job seekers! Auto sector hiring up 6% in February

Despite a slowdpwn in sales in March 2015, the auto sector witnessed an average 6 per cent growth in employment opportunities in February, and going forward, companies in this space are likely to face acute talent crunch and attrition.

A year-on-year analysis by TimesJobs between February 2014 and February 2015 showed a 6 per cent growth in employment opportunities among auto sector firms and going forward this sector is set to see an accelerated growth in workforce demand and hiring.

The auto sector is witnessing a growth in demand for talent in engineering, quality assurance, technology, logistics, operations and product development domains.

"As the war for bigger market share intensifies, demand for R&D, quality assurance professionals and design engineers will accelerate in 2015," said TimesJobs.com COO Vivek Madhukar.

Experts believe Punjab, Indore and Bengaluru to be the emerging hiring hotspots in 2015. Demand for sales specialists with expertise in new and used vehicles is also expected to rise.

"Since most of the R&D work is happening in Indian engineering centres, for domestic as well as global automobile players, demand for engineers and production management professionals will also see a boost," Madhukar added.

With lower oil prices and increasing consumer purchasing power, the auto sector is focusing on building talent capabilities in the manufacturing hubs of Delhi-NCR, Chennai, Pune, Mumbai and Indore, TimesJobs.com said.

Maharashtra (excluding Mumbai and Pune) topped the recruitment chart as companies build strength in their R&D and engineering centres in the state.

Meanwhile, demand for people who are willing to relocate overseas, has also witnessed a significant rise as Indian companies are in expansion mode and are tapping international markets in Africa, Middle East and South East Asia.