The Indian auto industry is expected to record strong growth in 2021-22, post recovering from effects of COVID-19 pandemic. Electric vehicles, especially two-wheeler, are likely to witness positive sales in 2021-22. According to estimates, this industry is expected to reach US$ 300 billion by 2026. Initiatives like Make in India, Automotive Mission Plan 2026, and NEMMP 2020 will give a huge boost to the sector.
Infovision’s Team of Specialists:
Over the years, we have successfully executed various client assignments and stayed ahead of the curve in the Tyre domain. We believe in maintaining long-standing relationships with our clients and ensure that companies find a perfect link with the right talent at the right time.
Indian tyre market is skewed towards the replacement segment which contributes ~70% of total revenues. Whereas in volume (tonnage) terms the replacement segment contributes ~60% indicating realizations in the after-market are clearly higher than OEMs (Original Equipment Manufacturer) market. OEM tyre demand is directly related to auto production.
Infovision’s Team of Specialists:
Our years of experience of working closely with client from this industry have made us experts in understanding the needs and requirements of this sector, thus enabling us to provide the best possible solutions.
India forms a booming market with a huge base of 720 million consumers across 627,000 villages. India is the fourth largest tyre market in the world. At 7.64 % growth, India is the fastest growing passenger car market.
The fact that India is the sixth largest producer of natural rubber, second largest consumer of NR, fourth largest consumer of all rubber together and second largest producer of Reclaimed Rubber gives a unique advantage to Indian rubber industry.
Infovision’s Team of Specialists:
Our dedicated team having several years of experience of working with this industry along with our subject matter experts, enable us to understand the precise requirements of our clients.
The growth in the packaging industry in India is mainly driven by the food and pharmaceutical packaging sectors. The large and growing Indian middle class along with the growth in organized retailing in the country are fueling the growth in the packaging industry.
The data also suggests that the packaged printing industry is growing at an annual rate of 17 per cent, commercial printing at an annual rate of around 10 per cent and digital printing at a robust growth rate of 30 per cent.
Infovision’s Team of Specialists:
We have a dedicated team of recruiters that specialize in hiring for the agriculture and allied sector. With deep understanding of the industry requirements, we have gained expertise in providing the desired solution to our clients.
Agriculture is the primary source of livelihood for about 58 per cent of India’s population. India is the largest producer of spices, pulses, milk, tea, cashew and jute, and the second-largest producer of wheat, rice, fruits and vegetables, sugarcane, cotton and oil-seeds, currently the world’s fourth-largest producer of agro chemicals.
Gross Value Added by agriculture, forestry and fishing was estimated at Rs. 19.48 trillion (US$ 276.37 billion) in FY20.
Large population and rising urban and rural income have added to growth in demand for agriculture products.
Infovision’s Team of Specialists:
Our team of recruiters have been from the FMCG and Retail industries, which gives them the first hand understanding of this sector. This helps us understand the client’s requirements and pain points in a better way and provide an efficient solution.
FMCG is the fourth largest sector in the Indian economy. This market in India is expected to grow at a CAGR of 23.15% to reach US$ 103.70 billion by FY21 from US$ 68.38 billion.
According to Nielsen, the Indian FMCG industry grew 9.4% in the January-March quarter of 2021, supported by consumption-led growth and value expansion from higher product prices, particularly for staples.
Policies like Investment approval of up to 100% foreign equity in single brand retail and 51 % in multi-brand retail and the union government’s production-linked incentive (PLI) scheme is expected to give a major boost to the FMCG sector..
Infovision’s Team of Specialists:
Our team of recruiters have been from the FMCG and Retail industries, which gives them the first hand understanding of this sector. This helps us understand the client’s requirements and pain points in a better way and provide an efficient solution.
After an unprecedented decline of 19% in the January-March 2020 quarter, the FMCG industry displayed signs of recovery in the July- September 2020 quarter with a y-o-y growth of 1.6%. The growth witnessed in the fast-moving consumer goods (FMCG) sector was also a reflection of positivity recorded in the overall macroeconomic scenario amid opening of the economy and easing of lockdown restrictions.
According to the Retailers Association of India (RAI), the retail industry achieved 93% of pre- COVID sales in February 2021; consumer durable and quick service restaurants
(QSR)increased by 15% and 18% respectively.
Infovision’s Team of Specialists:
Our recruiters from the IT and software background work closely with our clients to understand the requirements and provide efficient solutions in a time bound manner.
The IT industry accounted for 8% of India’s GDP in 2020 and is expected to contribute 10% to India’s GDP by 2025. As of FY20, the IT industry employed 4.3 million people. According to National Association of Software and Service Companies (Nasscom), the Indian IT industry’s revenue is estimated to reach US$ 194 billion in FY21, an increase of 2.3% YoY.
The push towards cloud services has boosted hyper-scale data centre investments, with global investments estimated to exceed ~US$ 200 billion annually by 2025. As per a survey by Amazon Web Services (2021), India’s IT sector is expected to require nine times more digitally skilled workers by 2025.
Infovision’s Team of Specialists:
Our team of expert recruiters have worked closely with this sector for several years and have accumulated a lot of understanding of the intricacies and needs of the paper industry. This enables us to provide efficient solutions to our clients requirements.
The Paper and Paperboard in India are expected to grow at a CAGR of 5.5% during the forecast period of 2021-2026.
This market is growing rapidly owing to the higher growth of food and beverages, cosmetics, and other industries in India. Moreover, different government initiatives to reduce plastic wastes are also influencing the growth of this market.
Infovision’s Team of Specialists:
Our dedicated team of recruiters have several years of experience working closely with clients from this sector. We understand the niche requirements of this sector and hence provide suitable and precise solutions to our client’s requirements
The Government of India’s continued focus on developing India’s infrastructure has resulted in an ambitious target of INR56.3 trillion in the Twelfth Five Year Plan. Out of this amount approximately 50% of the investments are to be contributed by the private sector , considering this major potential opportunity in the infrastructure segment, the EPC sector is likely to consistent changes over the last few years with increased entry of several foreign players. In the current market landscape, EPC contractors have a healthy mix of both government and private sector clients, as compared to their heavy dependence on government clients until a few years ago.
Infovision’s Team of Specialists:
Our team of recruiters have a wide range experience in engineering and capital goods industry, and we bring this experience in providing precise and efficient solution for our clients.
Engineering is one of the largest industrial sectors in India. It accounts for 27% of the total factories in the industrial sectors and represents 63% of the overall foreign collaborations. Increasing industrialization and economic development drives growth in the capital goods market.
Turnover of the capital goods industry was estimated at US$ 92 billion in 2019 and is forecast to reach US$ 115.17 billion by 2025. Capacity creation in sectors such as infrastructure, power, mining, oil and gas, refinery, steel, automotive and consumer durable is driving demand in the engineering sector.
Infovision’s Team of Specialists:
We have a dedicated team of recruiters who have decades of experience of working closely with the clients from the Oil & Gas sector. We understand the niche requirements and pain points of this industry, which enables us to provide customized solutions to our clients
India is the world’s third-largest energy consumer globally. Energy demand of India is anticipated to grow faster than energy demand of all major economies on the back of robust economic growth. According to IEA (India Energy Outlook 2021), primary energy demand is expected to nearly double to 1,123 million tonnes of oil equivalent, as the country’s gross domestic product (GDP) is expected to increase to USD 8.6 trillion by 2040.
Crude oil consumption is expected to grow at a CAGR of 3.60% to 500 million tonnes by 2040 from 221.56 million tonnes in 2017. Natural Gas consumption is forecast to increase at a CAGR of 4.18% to 143.08 million tonnes by 2040 from 58.10 million tonnes in 2018. Diesel demand is expected to double to 163 million tonnes (MT) by 2029-30.
Infovision’s Team of Specialists:
Our dedicated team of recruiters and subject matter experts have in-dept knowledge and understanding of the demands and needs of this industry. This enables us to provide precise and customized solutions as per our client’s requirements.
India is a prominent and rapidly growing presence in global pharmaceuticals. It is the largest provider of generic medicines globally, occupying a 20% share in global supply by volume, and also supplies 62% of global demand for vaccines.
India is among the top 12 biotechnology destinations in the world and the third- largest in Asia-Pacific. The country holds ~3% of the global biotechnology industry pie.
Infovision’s Team of Specialists:
Our team of expert recruiters have vast experience in the BFSI industry. Thus we understand the client’s requirement in a better way and provide precise and time bound solutions to them.
According to the RBI, bank credit and deposits stood at Rs. 108.6 trillion (US$ 1.48 trillion) and Rs. 151.34 trillion (US$ 2.06 trillion), respectively, as of April 23, 2021. Healthy regulatory oversight and credible monetary policy by the Reserve Bank of India (RBI) have lent strength and stability to the country’s banking sector.
Financial inclusion drive from the Reserve Bank of India (RBI) has expanded the target market to semi-urban and rural areas.The insurance industry in India was expected to reach US$ 280 billion by 2020. Growing interest in insurance among people, innovative products and distribution channels are aiding growth.
Infovision’s Team of Specialists:
Our dedicated team of recruiters having backgrounds from the education sector, have a keen understanding of the industry requirements. Our clients can thus rely on us for all their recruitment and process requirement and needs.
Government of India’s target of Gross Enrolment Ratio (GER) of 30% by 2020 and 50% by 2035 for higher education is expected to drive investments in the education space. The Government is also planning to promote the education sector to help increase the share of overall service’s sector in the GDP of the country.
The country has also become the second largest market for E-learning after the US. The sector is expected to reach US$ 1.96 billion by 2021 with around 9.5 million users.
Infovision’s Team of Specialists:
Our Subject Matter experts and our dedicated team of recruiters for this industry have a very good understanding of the industry needs. Hence we provide effective solutions keeping in mind the specific and niche requirements of our clients
India’s key ports had a capacity of 1,534.91 million tonnes per annum (MTPA) in FY20. In FY21, all key ports in India handled 672.60 million tonnes (MT) of cargo traffic. Merchandise exports reached US$ 290.63 billion in FY21.
The Government has taken several measures to improve operational efficiency through mechanization, deepening the draft and speedy evacuations.
Infovision’s Team of Specialists:
Our team of recruiters have experience working in the Process Industry, which gives them the first hand understanding of this sector. This helps us understand the client’s requirements and pain points in a better way and provide an efficient solution.
Infovision’s Team of Specialists:
Our team of subject matter experts have several years of experience of working in this sector. We understand the critical nature of the industry needs, be it bulk or niche requirements, and hence provide efficient and time bound solutions to our client’s needs.
India is expected to become the third largest construction market globally by 2022. Favourable valuation and earnings outlook makes this sector an attractive opportunity. Favourable valuation and earnings outlook makes this sector an attractive opportunity.
The Real Estate sector is the second-highest employment generator and is expected to reach US$ 1 trillion by 2030. By 2025, it will contribute 13% to the country’s GDP.
Infovision’s Team of Specialists:
Our dedicated team of recruiters have several years of experience working closely with clients from the aerospace sector. We understand the critical and niche requirements of this sector and hence provide suitable and precise solutions to our client’s requirements.
The Aerospace sector in India has had a steady growth in both Defence and Civil Aviation sectors. It is predominant to bolster the Defence sector and contributes nearly 50% of the Value of Production of the sector. With over 300 million in the middle-class income group who can travel at least once a year by air and India’s growing economy that will boost the traffic trends both in passenger and cargo, the civil aviation industry in India also offers large growth opportunities.
Infovision’s Team of Specialists:
Our dedicated team of recruiters have several years of experience working closely with clients from this sector. We understand the niche requirements of this sector and hence provide suitable and precise solutions to our client’s requirements.
According to the India Electronics & Semiconductor Association, the Indian Electronic System Design and Manufacturing (ESDM) market will grow from US$ 76 billion in 2013 to US$ 400 billion by 2020. Consumption of semiconductors, in the meantime, has also steadily climbed.
According to a report by NOVONOUS, the semiconductor industry is estimated to grow from US$ 10.02 billion in 2013 to US$ 52.58 billion in 2020 at a Compound Annual Growth Rate (CAGR) of 26.72 per cent.
Infovision’s Team of Specialists:
Our dedicated team of recruiters have several years of experience working closely with clients from this sector. We understand the niche requirements of this sector and hence provide suitable and precise solutions to our client’s requirements.
According to an EY report, the Indian media and entertainment (M&E) sector stood at Rs. 1.38 trillion (~ US$ 18 billion) in 2020 and is estimated at Rs. 1.79 trillion (~ US$ 24 billion) in 2021. Further, it is projected to grow to Rs. 2.23 trillion (~ US$ 29 billion) by 2023, due to acceleration of digital adoption among users across geographies.
The market is projected to increase at a CAGR of 17% between 2020 and 2023. video OTT market in India is expected to grow from $1.5 bill ..in 2021 to $4 billion in 2025.
Founded in 1999 by Mr. Satish Nagorao Khadap , Infovision HR Consulting is one of the Top recruitment agencies in India, dedicated to bringing a transformational change in your Organization.