Surge In Hiring For Engineers In Software, Aerospace, Biomedical, Biotech, Mechanical And Civil Space In Last 1 Year
Spectrum Talent Management, a one-stop solution for global-local human talent management has recorded an upward trend in hiring prospects of engineering candidates across industries. Compared to FY 20-21, it has increased by 2.5x this year. Candidates with engineering degrees with specialisation in Software, Aerospace, Biomedical, Biotech, Mechanical and Civil are witnessing a considerable surge in hiring.
The hiring ratio of women v/s men is 1:5 along with a huge gender gap in engineering colleges/institutions as well. Though hiring is in favour of freshers more in comparison to experienced professionals, currently at 3:1. The city of Bengaluru and NCR have recorded the highest number of engineering hires. Though candidates come from across the country, Tamil Nadu, Karnataka tops the list of employable engineers due to heavy concentration of engineering colleges in these states.
The report also revealed that maximum numbers of engineering graduates are directly hired through campus drives. Apart from national hires, countries like US & Canada have reported high demand for various engineering roles, opening up international opportunities to Indian engineers.
Sharing his insights on this hiring trend, Sidharth Agarwal, Director, Spectrum Talent Management said, “India is home to more than 2000 engineering colleges. In comparison to other private, affiliated, and deemed colleges, the IITs and NITs still constitute a small number. Hiring occurs at all levels, despite the fact that the pedigrees will vary. Because of their curriculum, tier 1 and tier 2 colleges are certain to have a considerably superior placement track record. Though not at 100% success rate, there is considerable hiring from other colleges as well”.
