New Delhi, Nov 13 (KNN) The Manufacturing companies in India are planning to hire 15-30 per cent more graduates from the 2024 batch than they did from the 2023 batch, according to an ET report.

The companies are planning to ramp up hiring as they look to expand their operations and meet the growing demand for their products. 

This comes as the recent economic uncertainty which has wrought havoc on fresher recruitment across India’s top business and engineering institutions has not stopped some of India’s biggest corporations from doing just the opposite.

Blue-chip firms including Tata Steel, Maruti Suzuki, Larsen & Toubro, JSW Group, Dabur, Vedanta, Schneider, and RPG are significantly expanding their intake of entry-level, tech-savvy talent. 

This is in stark contrast to the tech sector, traditionally the largest recruiter of white-collar workers, which has dramatically cut back fresher hiring due to macroeconomic uncertainty.

Dilip Pattanayak, chief human resources officer at JSW Group told ET, "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.”

"Hiring young fresh talent provides opportunities of reverse mentoring for the leaders with whom these talents work," Pattanayak added.

Maruti Suzuki India, the nation's leading car manufacturer, announced plans to enlarge its workforce by recruiting nearly 1,400 fresh candidates, primarily from IITs and NITs. This initiative sees a significant increase of over 20 per cent from last year's recruitment numbers.

In line with this trend, Vedanta, a diversified conglomerate, plans to recruit around 1500-1800 graduates from the 2024 batch of top-tier institutes such as IIMs and IITs, disclosed Madhu Srivastava, its CHRO.

(KNN Bureau)