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Jan27
India: Manufacturing sector to recruit more in 2008

Nano or no Nano, Indian manufacturing industry is all set for a spurt of activity in 2008. With huge investments coming in from all parts of the world, Indian engineers probably have never seen a boom time like this. Larsen & Tourbo, Siemens and Crompton Greaves to name a few are ready for mass recruitment drive.

Maruti, India’s auto major plans to amend its fresh to lateral hires ratio next year from 50:50 to 60:40. What it means out of 100 new recruits, compared to 50, it will absorb 60 freshers.india-manufacturing-industry

Maruti head HR S Y Siddiqui says:

The number of freshers would go up from 180 in 2005-06 to 450 in 2008-09 while the number of laterals will fall from 365 to 250 in the same year. 

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