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Industrial and Manufacturing jobs

Manufacturing has emerged as a high growth sector in India. Between FY12 and FY17, it grew at a CAGR of 7.32%. The ‘Make in India’ initiative was launched with the aim to place India on the world map as a manufacturing hub. As a part of this initiative, the government aims to increase the share of the sector in the GDP from 16% to 25% by 2022 to create 100 million new jobs by 2022.

India is expected to rank amongst the top three growth economies and manufacturing destination of the world by the year 2020. The implementation of the GST will make India a common market with a GDP of US$ 2.5 trillion, a big draw for investors.

The manufacturing sector offers plenty of employment opportunities in India. In FY 2016-17, a production manager earned an average CTC of INR 30.00 lac per annum in the NCR, the highest in the country. The CTC of a Design Engineer was recorded at an average of INR 21.82 lac per annum in Pune while an Operations Manager earned an average of INR 31.67 lac per annum in Hyderabad. A Plant Manager earned an average of INR 37.40 lac per annum in the NCR.

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Source: Randstad India Survey


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