The Indian automotive industry has emerged as a ‘sunrise sector’ in the Indian economy. India is emerging as one of the world’s fastest growing passenger car markets and second largest two wheeler manufacturer. It is also home for the largest motor cycle manufacturer and fifth largest commercial vehicle manufacturer. The automotive plants of global automakers in India rank among the top across the world in terms of their productivity and quality. Top auto multinational companies (MNC's) like Hyundai, Toyota and Suzuki rank their Indian production facilities right on top of their global pecking order.
The amount of cumulative Foreign Direct Investment (FDI) inflow into the automobile industry during April 2000 to January 2013 was worth US$ 7,653 million, amounting to 4 percent of the total FDI inflows (in terms of US$), as per data published by Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce. The Indian small and light commercial vehicle segment are expected to be more than double by 2015-16 and grow at 18.5 per cent compound annual growth rate (CAGR) for the next five years
Talent Challenges The industry’s highly competitive environment demands for senior management who can successfully direct companies through challenging times. As a result, the industry requisites change management skills and innovative strategies. However the availability of skilled manpower is gradually beginning to fall short of the industry’s requirements and this could have an impact on the future growth trends.
CEO GLOBAL EXECUTIVE SEARCH Perspective CEO GLOBAL EXECUTIVE SEARCH Automobile and Auto Components practice has a strong presence across the entire functional chain. We serve as the solution partner to top vehicle manufacturers, leading Tier 1-3 suppliers worldwide, OEMs and after-market service providers. The results speak for themselves —CEO GLOBAL EXECUTIVE SEARCH has helped recruit over 200 professionals over the past one year.
We have a team of consultants who have a technical background and are specialized in this domain which helps us in closing positions in this space. We having Team of Highest caliber Search Professionals, who are experts in their core areas and they work with total commitment to quality services. Most of our consultants possess technical background with deep knowledge in their core areas. Which help us to find out Right Talent at right place.
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