Young minds are often up-to-date with the latest trends and technologies, possess a strong understanding of digital tools, and can contribute effectively towards digital transformation initiatives,” said Dilip Pattanayak, chief human resources officer at JSW Group.
This is in stark contrast to one of the toughest placement seasons in recent memory faced by students at the country s top B-schools and engineering institutes as the technology sector — the biggest recruiter of white-collar talent — has cut fresher hiring amid macroeconomic uncertainty.
According to a report, manufacturing companies are planning to hire 15-30 per cent more graduates from the 2024 batch than they did from the 2023 batch.
Consumer, retail, and FMCG companies and startups are increasing their hiring of senior leadership talent to expand their reach and launch new products. This trend has been confirmed by executive search firms and recruitment services firms. Companies like Nestle, Dabur, Clensta, and Citykart are actively seeking senior talent for various functions like marketing, finance, and HR.
Record sales after restrictions in India were eased in June last year have prompted electronic and smartphones companies Samsung, LG, Apple, Xiaomi and Bosch Siemens to pay high incentives and bonuses.