Key Points
New Delhi: Corporate India has intensified hiring for leadership roles despite a slowdown in entry-level recruitment, according to search firms, which expect a possible shortage of senior executives to meet the demand in the new year...
The executives said their companies are conducting searches for roles such as chief executive officer, chief financial officer, chief technology/information officer, chief business officer, chief marketing officer, chief operations officer and chief HR officer...
Transearch is currently seeing demand from every sector, Chawla said.. Industrial, digital, consumer, healthcare, manufacturing and renewables are some of the sectors that are actively hunting senior talent..
"We believe there's a big boost in our 'country confidence index', resulting in a positive business environment and outlook irrespective of short-term global headwinds," he said.. Boutique search firm Insist Consulting is looking at expanding its own internal team of executives anticipating a surge in CXO search demands, chief executive R Suresh said..
"Demand is phenomenally high in new-generation sectors like solar technology, green hydrogen and other sectors like pharma including medical devices, electronic manufacturing services and automotive," he said.. Barring the technology services sector, there is demand for senior talent across all sectors, according to Navnit Singh, chairman and regional managing director of India at Korn Ferry, which is expecting a jump of at least 20% in searches in 2024 over 2023..
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