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Spiro HR Management Consultants

The First Choice in Integrated Human Resource Management

consultants

Electrical and Electronics Industry Overview:

The Indian Electrical Equipment Industry is witnessing a turnaround because of demand from sectors such as Power, Textiles and Cement. The industry saw a growth of 11.25% in 2009-10, as compared to only 2.73% last year, according to Indian Electrical Equipment Manufacturers Association (IEEMA).

The Indian Electronics Industry is one of the fastest-growing industries in India, driven by growth in key sectors such as IT, Consumer Electronics and Telecom. The Indian market for Electronic products has grown at a rate of 17% for the last five years to US$19.73 billion in 2008-09, according to report by Electronic Industries Association of India.

India stands on the verge of a renewable energy revolution. UN's World Economic and Social Survey 2009 report on climate change pointed out that India is the most developed renewable energy market in South Asia with an annual turnover of about US$ 500 million. The country's renewable energy power generation capacity now stands at 15,789 megawatts following government efforts to boost the sector.

Manpower Challenges:

Electronics Manufacturing Services,

There is a vast pool of highly qualified and skilled engineers, which has attracted many multinational companies to set up their R&D centres in the country. The talent pool is primarily concentrated in a few metros; hence relocating them to small towns is difficult. High attrition rate due to the small pool of talent available for both manufacturers and machine sellers is another reason for the shortage of skilled hands.

Electrical Equipment Industry,

For the Switchgear and Control Gear Industry, the skill sets available in the country are relatively less expensive making the industry competitive globally. The sector has become technology intensive, thus raising requirements of tech-savvy talent with the ability to increase productivity, using technology.

Renewable Energy,

The industry being in the growth stage currently faces huge talent challenges. Some companies are partnering with institutes like TERI; others are creating a talent pool by hiring specialists from abroad to train Indian project managers. There are others who partner with foreign institutions to offer students courses on Design, Installation and Commissioning of Solar projects.

Spiro's Perception,

We help clients with the recruitment as well as development of talent and people management practices. We have a proven track record in identifying top and middle management candidates for many start-up companies. To meet these sector requirements, SPIRO has a specialised team of industry experts who focus on the manpower requirements of the Electrical equipment, Electronics Manufacturing and Renewable Energy sector for India and the Asia Pacific region.