Though ubernisation is invading the Indian job market, <span style="font-weight: bold;">Sudeep Sen, Head of Industrial and Manufacturing Vertical, TeamLease Services</span> believes that e-commerce, logistics, IoT (Internet of things) and manufacturing are the sectors which will create the maximum number of jobs in India and these sectors will see about 18-20 per cent increase in jobs from the present state.
<p></p>
<p> <span style="font-weight: bold;">How has the GST impacted the job sector? Has it led to in the creation of more jobs?</span> <br />
There has been a very positive impact of GST as it has helped in the creation of formal jobs. Formal jobs mean recognition for an employee and its contribution to the development of a nation. It means the right wages as specified by the legitimate statutory authorities. We have witnessed an increase in formal jobs in infrastructure, industrial, construction and engineering sectors, apart from the movement of formal employment with distribution sections across all industries. </p>
<p how="" can="" the="" dream="" of="" digital="" india="" be="" achieved?="" which="" are="" areas="" you="" think="" attract="" talent="" pool="" and="" what="" is="" rationale="" behind="" it?="" <br="">Digital India is not a dream, it is a reality. The penetration has to be more in tier II and tier III cities as the population there has to feel the advantage of it and that will only move the needle in a big way. Talent can be attracted in education, hospitality, logistics, agriculture, etc. There is an immense potential in these sectors, especially in the rural areas. </p>
<p overall,="" how="" much="" of="" the="" hiring="" in="" which="" sector="" is="" anticipated="" coming="" years?<br="">E-commerce, logistics, IoT (Internet of things) and manufacturing are the sectors which will create the maximum number of jobs in India. Needless to say, these sectors will see 18-20 per cent increase in jobs from the present state. </p>
<p> <span style="font-weight: bold;">What changes do we see currently in the manufacturing and industrial sector? In the age of new media, what kinds of jobs are available in the manufacturing and industrial sector?</span><br />
There will be a ‘skills to get job and job for skills.’ It is expected to witness an increase of 12-15 per cent demand for skilled staffs in the engineering and industrial sector. However, it is important to know the skills required to enhance career and the technical demand of today. Some of the key emerging roles in the sector are:</p>
<p> <span style="font-weight: bold;">3D printing technologies </span><br />
On a day to day basis, 3D printing technologies is increasingly being adopted in commercial engineering setups. The demand for the same has increased by 15 per cent in 2018; the need of the hour is for the engineers that are skilled in using additive manufacturing technology or that are adept at integrating it into production processes. This technology was initially used for prototyping work. However, the 3DPT has now penetrated into production applications, making components for usage in the aerospace, defence, medical, automotive and power generation industries. </p>
<p> <span style="font-weight: bold;">Automation</span><br />
With robots been installed and implemented and also plants being automated, the focus is on productivity and this is leading to skill upgradation. This is a benefit for the plants (employer) as well as the staffs. This impact has created new jobs, provided there is a will to enhance skills. For example, with automation being adopted, there are new roles and opportunities in the form of quality control, agile automation, smart tools instrumentation, etc. </p>
<p> <span style="font-weight: bold;">IOT </span><br />
Today, technology enables to inter-network devices and equipment, increasing productivity and efficiency, agile automation which means that the equipment on its own is programmed to pick up the errors and malfunctions and do a smart alert. There is a need to be qualified and skilled professionals to then act and action on the practical steps ahead and thus, IOT as a stand-alone will contribute to an increasing demand of jobs by 15-20 per cent. </p>
<p> <span style="font-weight: bold;">According to the IBEF (India Brand Equity Foundation) figures, the Indian IT industry is set to touch USD 225 billion by 2020. Could you please elaborate on the potential of this sector?</span><br />
It will be largely due to cloud computing, IT interventions in other sectors in what we call as tech adoption for productivity, artificial intelligence (AI), machine learning (ML) and block-chain are the other two areas demand is increasing dramatically. AI and ML are big in industrial. Obviously, block chain is still not that prevalent in the space today but will be the major paradigm shift in the coming days. </p>
<p> <span style="font-weight: bold;">According to you, how has the infrastructure sector responsible for generating jobs? Which are the areas of specifications that are drawing talents? </span><br />
Infrastructure attracts entrepreneurs to set up shops – be a factory or a distribution unit, sales or after sales depots, etc. It attracts talent in search of jobs and finally, it leads to the need for a city to be formed. Smart way of looking into it is also a solution of geographical challenges of rural to urbanisation. </p>
<p> <span style="font-weight: bold;">Many first-time recruiters like the US-based cloud data manager Rubrik, Amsterdam’s Optiver and the UK’s Halma are hiring from Indian campuses. What do you think is the reason behind this?</span><br />
No brainer! Even now, the reasons are the talent, ability to adapt, compute and of course, the strong fundamentals help. Besides, the openness to be mobile, and lastly the cost-effective aspect which prevails for decades together. </p>
<p> <span style="font-weight: bold;">2017 turned out to be one of the toughest years for the job market. What’s your take on 2018?</span><br />
I would say 2018 will be a year of stability. June- July 2018 has witnessed growth in the manufacturing sector. The focus is more on Make in India and macro-economic conditions are favourable in the country with the implementation of GST. Technology adoption and IT interventions would need more skilled staffs in the engineering and IT sector. E-commerce and logistics will see a maximum increase in jobs in the range of 20- 23 per cent and other sectors will see an overall jump of 15-18 per cent.</p>
<p></p>
FlashNews:
Centre Defends Ethanol Blending Programme Amid Mileage Concerns; Highlights $16.5 Billion Forex Savings
Suzlon Energy Reports 62% Surge in EBITDA to ₹5.99 Billion in Q1 FY2026
Inox Green Secures Long-Term O&M Deal for 182 MW Wind Projects
Adani Group Expands MRO Capabilities with Indamer Technics Acquisition
PixxelSpace-Led Consortium to Build India’s First Indigenous Commercial EO Satellite Constellation
India’s Maritime Framework Gets Legislative Boost with Coastal Shipping Bill Passage
IRB Infra and InvIT Projects Post 10% Growth in July 2025 Toll Collections
India Modernises Maritime Laws with Merchant Shipping and Sea Cargo Bills Passed by Parliament
India Sets Global Record with $0.64/kg Green Ammonia Price Under Hydrogen Mission
IndiGo Starts Construction on One of India’s Largest MROs in Bengaluru
SDHI to Manufacture Varex Cargo Inspection Systems in India
Mumbai-Ahmedabad Bullet Train: Sabarmati Bridge Rises to 36 Metres
Tata Power Profit Rises 6% in Q1 FY2026 on Strong Renewable and Distribution Gains
Suzlon Wins 381 MW Order for Zelestra’s First FDRE Wind Project in India
Kandla Port Achieves Major Sustainability Milestone with Megawatt-Scale Green Hydrogen Plant Launch
Ceinsys Tech Profit Surges 112% in Q1 on Execution of FY2025 Infrastructure Mandates
India Extends ALMM Guidelines to Wind Energy Components, Tightens Cybersecurity Framework
Indian Railways to Add 574 km Under ₹1.1 Trillion Multitracking Plan
ArcelorMittal Reports $1.8 Billion Net Income in Q2 FY2025, Up Threefold
Home » 2018 will be a year of job stability
2018 will be a year of job stability
Technology
September 1, 2018June 9, 2021

Leave a Reply
You must be logged in to post a comment.