Hiring in auto sector to slow down, new skills needed: Report

Hiring in auto sector to slow down, new skills needed: Report

New Delhi, Dec 31 () Hiring rate in the Indian automobile industry is likely to slow down to 2-2.5 per cent year-on-year against the historical 3 to 3.5 per cent growth due to advent of new technologies and increased automation, according to a study.

According to ‘Future of jobs in India: A 2022 perspective’ by Ficci-Nasscom and EY, emergence of new generation technologies is demanding a new set of skills from the auto workforce.

The report said employment in the automotive sector is likely to reach 14.3 million in 2022 and 60-65 per cent of the jobs would require new skill […]

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