Ev Sector: The Economic Survey 2023 predicts that India s domestic electric vehicle market will see a 49 percent compound annual growth rate (CAGR) between 2022 and 2030, with 10 million annual sales by 2030. Notably, an official statement from NITI Aayog also said that the EV industry’s growth in India is expected to create around 5 million jobs by the end of next decade.
Traditional recruitment processes involve hefty costs, from advertising job openings to conducting interviews and background checks. Competitions can significantly reduce these expenses by streamlining the selection process, say HR gurus.