Automotive sector sees major hiring shift amid EV boom

The Indian electric vehicle (EV) market is expected to reach USD 113.99 billion by 2029, driving changes in the automotive industry and creating skill gaps. The Automotive Skills Development Council emphasizes the need for skilling and reskilling to keep up with technological transformations. While hiring in the auto industry remained flat in July 2023, there was a 38% increase in hiring for senior professionals with 16+ years of experience.

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