Employment generation in the automobile industry to see subdued growth compared to financial year 2016, according to the survey. Hiring activities are expected to be slow phase in most areas like shopfloor, R&D, sales & marketing and different levels like mid-level and top management.
The hiring will be between 0-5 percent for top management positions. Mid level hiring, on the other hand, is expected to see good employment generation growth as nearly 32 percent respondents. According to Automotive Mission Plan 2026, another 50 million jobs will be created in the industry in the next decade.
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