B-Schools See 40pct Rise in Recruitment from Manufacturing Companies
Raphael adds, "There is a growing optimism... We continue to build our leadership pipeline from campuses. We are visiting campuses such as IIFT, BIM Trichy, TAPMI for the first time this year and IIM Kozhikode after a gap of a few years."
Senior vice president for human resources at RPG Group Company Ceat, Debi Prasad Das, said "Yes, I agree that there is an upsurge in B-School hiring and we (RPG) as a group have to be really attractive as a brand and competitive in overall package to attract right talent on day one. We are likely to increase our campus hiring to support our growth plan," said Das. "Last decade saw IT and financial services leading the campus pack. There is optimistic sentiment that manufacturing will lead the growth with India becoming a leading manufacturing hub for the globe."
Vedanta plans to boost recruitment up to 25pct this year.
Suresh Bose, head of HR at Vedanta Resources said, "A major initiative that we plan to drive this year is to hire a few high-caliber management graduates from leading IIMs for specially carved out critical roles in the organization, where they will work directly with (group) CEOs to bring transformative change in their respective businesses."
The growth rate for Index of Industrial Production (IIP) is 4percent in April-September, which was 2.9percent in 2014. The manufacturing industry in an average pulled a 4.2percent growth which was 2.2percent, in the year before.
In 2015, the manufacturing sector registered an overall 7.4 percent growth in the first half and 4.8percent in the latter half.
Abhishek Totawar, professor and placement in charge at IIM Trichy comments, "There is a revival in interest from manufacturing companies. They are hiring for operations, marketing, finance and other managerial roles."
IMI Delhi saw a 33percent increase in recruitment by manufacturing sector. The new recruiters of this institute this time includes General Motors, Volvo Eicher Commercial Vehicles, Tata Motors and Hero Motocorp, as confirmed by dean, placements and corporate relations of IMI, Manaswini Acharya.
Companies who recruited from IMT Ghaziabad are Larsen & Toubro, Vedanta and Michelin, Bajaj Electricals, Saint Gobain and Welspun.
Vishal Goyal, group head, corporate relations, IMT Ghaziabad and Dubai said, "They offered varied leadership and sales profiles, some of which were very unique. More than 10 companies from this specific sector are expected to visit IMT Ghaziabad in the next two months,"
Rajiv Kumar, placement chairperson of IIM Calcutta confirms this trend saying, "We have seen new recruiters for our Visionary Leadership in Manufacturing programme, a one-year, full-time residential PGPX (post-graduate programme in management for executives) programme, indicative of the revival in interest in campuses from the industrial sector."
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