India likely to add 150k jobs this year in phone manufacturing

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Key Points

Up to 150,000 new jobs in mobile manufacturing are expected to be created in the country this fiscal as leading companies scout for manpower to meet their current requirements and expansion plans...

Top handset manufacturers and makers of associated devices are planning large-scale hiring in the country, driven by the global shift to manufacture beyond China and the Indian governments production-linked incentives (PLI) scheme, according to staffing companies including TeamLease, Randstad, Quess and Ciel HR Services...

Out of the estimated 120,000-150,000 new jobs to be created this fiscal in this space, about 30,000-40,000 are likely to be direct jobs and the remaining indirect roles mostly on the manufacturing side, staffing company officials said...

Entities based in the South are hiring not only for their expanding facilities but also for existing ones as some of these entities are exporting over $1-billion mobile phones from India, he said.. Many facilities are shifting to India as they continue their expansion outside and diversify their erstwhile production from China to India, creating numerous manufacturing jobs, Bhatia added...

Narayan of TeamLease said the governments PLI scheme and the long-term vision of many companies to move production to India to first tap the local market and then leverage the base here to grow production to support sizable exports to the rest of the world are giving a big push to jobs in the sector...

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