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Hiring Digital talent for a manufacturing client to meet their digital strategy goals
We partnered with a European multinational company having established presence in India for 20 plus years. The company is engaged into manufacturing and sale of steel chords with a special technology of manufacturing steel wires and chords. the company has global presence across 50 plus countries. It’s product range consisted of products across steel wires and chords. As part of the global strategy of digitalization of the operations and enhance digital capability of the organization the company put in place a new digital organization across the world. One of the global digital verticals in this new digital organization is based out of India.
The company mandated us to provide talent for the Indian digital vertical. The talent needs required a talent pool of digital experts in the area of data scientist, data analytics and solution architects across technologies. The talent need was across the experience levels and seniority level of operational and leadership roles. All these roles were for the global digital internal customers of the company. The pay range varied with the highest pay for some roles up to INR 09 million per year. The digital hiring team of ours successfully used multiple methods of databased hiring and headhunting approach to attract the talent in 6 months. The top 3 challenges in this hiring assignment are identified as attracting digital talent for manufacturing organisation with low employer brand visibility , significant jump in demand for digital talent post pandemic and pay range based on market which is outside the normal pay range of manufacturing industry. With deep partnering with the hiring managers in India & Europe and the local and global Human resource team, we moved with speed and reliability in the process of hiring overcoming these challenges. We have hired 8 talents so far and the same will continue with additional new mandates in the year 2022-23.
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Best Overseas Manpower Consultancy in Mumbai | Krehsst Tech Solutions
https://www.krehsst.com/homeold1/
Looking for the top overseas recruitment firm in Mumbai? Krehsst Tech Solutions is the place to go! Contact us right away if you want to find your dream job overseas.
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Overseas Manpower Consultancy in Mumbai | Krehsst Tech Solutions
https://www.krehsst.com/homeold1/
Are you looking for an offshore manpower consultant in Mumbai? Krehsst Tech Solutions is here to assist you! Contact us today to find the appropriate people for your company.
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Top Permanent Staffing Consultants in India | Krehsst Tech Solutions
https://www.krehsst.com/contact-us/
In search of the best permanent staffing consultants in India? Krehsst Tech Solutions is the place to go! Contact us immediately to elevate your staffing requirements.
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Best RPO in India| Krehsst Tech Solutions
https://www.krehsst.com/about-us/
Looking for the top RPO in India? Look no further than Krehsst Tech Solutions! We're here to assist you find the talent you need with our first-rate services and knowledgeable team. Contact us right now!
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Best Job Consultants in India for Senior Management | Krehsst Tech Solutions
https://www.krehsst.com/
Are you looking for the top job consultants in India for senior management positions? Krehsst Tech Solutions is the answer! Contact us right away to advance your career.
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This Week’s Top Stories About Electronic and Embedded Technology
Electronic and embedded technology are two of the hottest topics in the tech world today. The embedded technology sector has seen steady growth over the past decade, but 2020 has been a particularly unprecedented year in terms of accelerating growth. From autonomous drones to artificial intelligence to the Internet of Things, these technologies rapidly change how we interact with the world around us.
Companies focusing on increasing their capabilities to meet the market’s demand will be well-positioned to succeed. By leveraging technological advances and understanding customer needs, companies can ensure they remain ahead of the curve and drive effective growth in the embedded technology sector for the coming year.
Market Research for Embedded System Applications
The embedded technology market is divided into automobiles, electronic goods, industrial, aerospace and defense, and other segments based on application. A study suggests the market for embedded systems worldwide, estimated to be worth $89.1 billion in 2021, is anticipated to increase to $163.2 billion by 2031, rising at a CAGR of 6.5% between 2022 and 2031.
A collection of computer hardware and software created for a particular purpose is known as an embedded system. Furthermore, embedded technology may function as a component of a larger system. The systems may be programmable or limited in their capabilities. Most industrial, consumer, agricultural, and processing equipment, vehicles, medical devices, cameras, digital watches, home appliances, and vending machines contain embedded systems.
The method of designing embedded systems is being revolutionised by embedded systems engineers, who are also changing how data centres are run. To conserve power, they use certain types of chips that enable software to hardware data transfer, which is essential for power-sensitive embedded systems applications.
Due to a rise in demand for advanced driver-assistance systems (ADAS) in electric cars (EVs) and hybrid vehicles, the worldwide embedded systems market is expected to expand over the forecast period. An increasing number of research and development projects on embedded systems will also fuel the expansion of the global embedded systems market. On the other hand, the rise of 5G and 5G-based embedded technology is projected to augment the expansion of the Indian electronic market.
Additionally, during the projection period, the demand for multicore central processing units (CPUs) in military applications is anticipated to drive the expansion of the embedded systems industry. However, the security of embedded systems is one of the main challenges preventing the embedded system sector from expanding.
Wrapping Up
In 2023, a large increase in the market for embedded system applications is anticipated. This expansion results in a surge of talent with niche skills. We at Krehsst have developed a reputation of tapping into the niche market and are providing our clients with excellent manpower for embedded technology such as Autosaar developers and testing, Firmware developers for senior roles of solution architects, and project leads. Krehsst assists businesses in expanding their team staff by providing long-term talent solutions. Our experts will make the hiring process simple, reasonable, and advantageous.
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Chemical Engineering Recruitment Agencies | Krehsst Tech Solutions
https://www.krehsst.com/industry-presence/process-industry/
Looking for top-notch chemical engineering talent? Look no further than Krehsst Tech Solutions, one of the leading recruitment agencies in the industry. Contact us today to find your perfect match!
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Senior Level Recruitment Consultants India | Krehsst Tech Solutions
https://www.krehsst.com/industry-presence/the-ceos-office/
Looking for top-notch senior level recruitment consultants in India? Look no further than Krehsst Tech Solutions. Let us help you find the perfect candidate. Contact us today!
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Leadership Recruitment Agencies in India | Krehsst Tech Solutions
https://www.krehsst.com/
Looking for top-notch leadership recruitment agencies in India? Look no further than Krehsst Tech Solutions! Contact us today to find your next great leader.
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Top Headhunting Firms in India | Krehsst Tech Solutions
https://www.krehsst.com/
Discover the top headhunting firms in India with Krehsst Tech Solutions. Get access to the best talent pool for your business growth. Contact us today!
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Top Manufacturing Recruitment Consultants in India | Krehsst Tech Solutions
https://www.krehsst.com/industry-presence/heavy-engineering-industry/
Looking for top manufacturing recruitment consultants in India? Look no further than Krehsst Tech Solutions - your premier choice for quality talent acquisition. Contact us today!
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The Indian Electric Vehicle Market Achieved a Significant Milestone
In 2022, EV retail sales surpassed one million units or 4.7% of all vehicle sales. The government’s Vahan website states that approximately 9,89,000 EVs have been registered with regional transport offices as of 29th December 2022. The figures already indicate an increase of more than three times from 2021 (without Telangana data).
The major drivers of the rise have been EV automotive and mobility fleet operators and individuals purchasing two-wheelers. New models, more charging stations becoming available, and reduced operating costs have all attracted customers. Manufacturers like Tata Motors, Ather Energy, and Ola Electric stand to gain the most from the rising use of EVs.
In October, November, and December, EV sales per month exceeded the 1,00,000 mark due to high demand during festival season and year-end purchases. 1,02,000 electric vehicle registrations were made in December, compared to 115,000 and 119,000 sales in October and November.
Even though sales for the industry were down in December, Tata, the dominant player in the four-wheeler market, passed the 50,000 EV mark. It became the first vehicle manufacturer in India to do so this year thanks to its aggressive strategy in the EV market and automotive executive search firms, which helped increase its customer base and raise the necessary awareness. Tata Motors currently control 85% of the market for electric passenger vehicles. According to predictions from the industry, if this year’s trends continue, EV sales might reach 1,00,000 each month over the following 12 months.
Challenges Ahead
The Society of Manufacturers of Electric Vehicles predicts that by 2025, internal combustion engines will have transitioned to electric power by 30%. However, the auto industry’s reluctance to spend more on EVs, the lack of a long-term strategy, and an increase in Covid cases put the sector in severe danger. To prevent over-dependence on suppliers like China, automotive executive headhunters embarked on a long-term policy with a strong emphasis on sourcing great resources within India. Additionally, executive recruiters in the automotive industry are important for a solid supply chain of personnel and essential raw materials like rare earth metals. The EV industry’s expansion goals could be hampered if these aren’t in place.
The ambitious target set by the government is for EVs to account for 30% of private automobiles, 70% of commercial vehicles, and 80% of two- and three-wheelers by 2030. Especially for passenger cars, the auto industry today has a fairly solid order book. Since most of these orders are for high-end models, servicing them will require larger quantities of semiconductors.
The FAME Scheme
In 2015, the government adopted the Faster Adoption and Manufacturing of Hybrid and EV (FAME) scheme for INR 8.95 billion (USD 130 million) to prioritise the transition to e-mobility. This scheme provided subsidies for electric two-wheelers like scooters, electric three-wheelers, and e-cars. INR 8597 crore has been granted incentives under Phase II of the FAME Scheme, which was introduced in 2019. INR 1000 crore has been designated for the construction of charging infrastructure, giving rise to recruitment agencies for the automotive industry due to the rise in workforce demand.
EVs are regarded as the future of the automotive industry as the global energy landscape shifts in favour of renewable and sustainable energy sources in all spheres of life. The demand for EVs will only increase with new government policies and incentives.
Krehsst has continuously reviewed and improved its processes, and as a result, its systems and procedures keep up with the speed of automotive executive recruiters in the industry. Whatever your sector, you can rely on Krehsst’s experience for cutting-edge talent solutions while concentrating on attaining higher savings.
In E-mobility we have extensively worked on powertrain technology, battery management system, and the complete ecosystem of hardware/power electronics, and embedded software in the Electric Vehicle industry. We stand out from other recruitment consultants with our in-depth knowledge of electric vehicle integration.
In 2022, EV retail sales surpassed one million units or 4.7% of all vehicle sales. The government’s Vahan website states that approximately 9,89,000 EVs have been registered with regional transport offices as of 29th December 2022. The figures already indicate an increase of more than three times from 2021 (without Telangana data).
The major drivers of the rise have been EV automotive and mobility fleet operators and individuals purchasing two-wheelers. New models, more charging stations becoming available, and reduced operating costs have all attracted customers. Manufacturers like Tata Motors, Ather Energy, and Ola Electric stand to gain the most from the rising use of EVs.
In October, November, and December, EV sales per month exceeded the 1,00,000 mark due to high demand during festival season and year-end purchases. 1,02,000 electric vehicle registrations were made in December, compared to 115,000 and 119,000 sales in October and November.
Even though sales for the industry were down in December, Tata, the dominant player in the four-wheeler market, passed the 50,000 EV mark. It became the first vehicle manufacturer in India to do so this year thanks to its aggressive strategy in the EV market and automotive executive search firms, which helped increase its customer base and raise the necessary awareness. Tata Motors currently control 85% of the market for electric passenger vehicles. According to predictions from the industry, if this year’s trends continue, EV sales might reach 1,00,000 each month over the following 12 months.
Challenges Ahead
The Society of Manufacturers of Electric Vehicles predicts that by 2025, internal combustion engines will have transitioned to electric power by 30%. However, the auto industry’s reluctance to spend more on EVs, the lack of a long-term strategy, and an increase in Covid cases put the sector in severe danger. To prevent over-dependence on suppliers like China, automotive executive headhunters embarked on a long-term policy with a strong emphasis on sourcing great resources within India. Additionally, executive recruiters in the automotive industry are important for a solid supply chain of personnel and essential raw materials like rare earth metals. The EV industry’s expansion goals could be hampered if these aren’t in place.
The ambitious target set by the government is for EVs to account for 30% of private automobiles, 70% of commercial vehicles, and 80% of two- and three-wheelers by 2030. Especially for passenger cars, the auto industry today has a fairly solid order book. Since most of these orders are for high-end models, servicing them will require larger quantities of semiconductors.
The FAME Scheme
In 2015, the government adopted the Faster Adoption and Manufacturing of Hybrid and EV (FAME) scheme for INR 8.95 billion (USD 130 million) to prioritise the transition to e-mobility. This scheme provided subsidies for electric two-wheelers like scooters, electric three-wheelers, and e-cars. INR 8597 crore has been granted incentives under Phase II of the FAME Scheme, which was introduced in 2019. INR 1000 crore has been designated for the construction of charging infrastructure, giving rise to recruitment agencies for the automotive industry due to the rise in workforce demand.
EVs are regarded as the future of the automotive industry as the global energy landscape shifts in favour of renewable and sustainable energy sources in all spheres of life. The demand for EVs will only increase with new government policies and incentives.
Krehsst has continuously reviewed and improved its processes, and as a result, its systems and procedures keep up with the speed of automotive executive recruiters in the industry. Whatever your sector, you can rely on Krehsst’s experience for cutting-edge talent solutions while concentrating on attaining higher savings.
In E-mobility we have extensively worked on powertrain technology, battery management system, and the complete ecosystem of hardware/power electronics, and embedded software in the Electric Vehicle industry. We stand out from other recruitment consultants with our in-depth knowledge of electric vehicle integration.
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Top Us It Recruitment Companies in India | Krehsst Tech Solutions
https://www.krehsst.com/industry-presence/it-software-product-and-services/
Looking to hire top IT talent in India? Look no further than Krehsst Tech Solutions, one of the top US IT recruitment companies in the country. Contact us today for expert staffing solutions.
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Chemical Recruitment Agencies in India | Krehsst Tech Solutions
https://www.krehsst.com/industry-presence/process-industry/
Looking for top chemical recruitment agencies in India? Look no further than Krehsst Tech Solutions. Contact us today to find your perfect match!
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Top Management Recruitment Consultants in India | Krehsst Tech Solutions
https://www.krehsst.com/about-us/
Looking for top-notch management recruitment consultants in India? Look no further than Krehsst Tech Solutions. Click to learn more and start your search today!
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Engineering Recruitment Agencies in India | Krehsst Tech Solutions
https://www.krehsst.com/industry-presence/heavy-engineering-industry/
Looking for top engineering talent in India? Look no further than Krehsst Tech Solutions, one of the leading engineering recruitment agencies. Contact us now!
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