India's Manufacturing Push Fuels Job Market
Certain roles within the manufacturing sector are experiencing explosive growth. CNC operators, for instance, have seen a staggering 160% increase in job openings
According to the latest data from Indeed, the global hiring and matching platform, India's manufacturing sector is booming. There are more job opportunities, and the sector is looking for new skills.
“The Indian manufacturing sector is on an upswing. As India strives to become a global manufacturing powerhouse, the sector presents a wealth of opportunities for both businesses and job seekers,” says Sashi Kumar, Head of Sales, Indeed.
Job Growth Soars
Between June 2022 and June 2024, the manufacturing industry in India grew by an impressive 40 per cent. According to a 2024 report by IBEF, the growth is fueled by several key factors: increased domestic consumption, government initiatives, a surge in global investments, and enhanced global demand for Indian-manufactured goods. The growth trajectory has not only strengthened the industrial landscape but has also catalysed a rise in job creation, offering promising prospects for job seekers nationwide.
Demand for Specialised Roles
Certain roles within the manufacturing sector are experiencing explosive growth. CNC operators, for instance, have seen a staggering 160 per cent increase in job openings. Production supervisors are close behind with a 155 per cent rise, and machine operators at a 119 per cent boost. These roles are rapidly gaining prominence, reflecting the sector’s modernisation and increasing need for specialised skills.
Shifting Skill Requirements
The skills landscape is evolving in tandem with the sector’s growth. Communication skills are now at the forefront, required in 17 per cent of jobs. CNC skills follow at 10 per cent, with manufacturing skills at 9 per cent, English proficiency at 8 per cent, and CNC programming at 6 per cent. For job seekers equipped with these skills, the manufacturing sector presents a wealth of opportunities.
Enhancing Employee Benefits
Manufacturing companies are enhancing their offerings to attract top talent more effectively. They commonly provide provident fund benefits and health insurance, with additional perks such as meals, cell phone reimbursements, and leave encashment. Employers are realising that offering comprehensive benefits not only improves job satisfaction but also increases productivity and loyalty among their workforce. They are taking proactive steps to cater to the evolving needs of their employees.
