Noor Fatima

Shall we see saturation of jobs in Automobile Engineer in the next few years?

Please solve my query with right info

by Noor Fatima
1 answer
| Share :

1 answer

RE: Shall we see saturation of jobs in Automobile Engineer in the next few years?

Rahul Shinde
Rahul Shinde
Verified Career Expert
Career Consultant at Pinnacle School of Business Management
  • Thane

Hi,


Greeting's for the day!!!

The Indian Automobile Industry is going through a phase of rapid change and high growth. With new project coming up on a regular basis, the industry is undergoing technological change. The major players are expanding their plants and are focusing on mass customization, mass production, etc.


Investment in auto Sector:
Nearly every automobile company is investing at higher rate than ever before to achieve high growth trajectory. The overall investment in the sector has been increasing quite rapidly. It is expected that by the end of 2015 Indian Automobile sector will be investing a huge amount as Rs. 35,000 crores


Growth in the Sector:
At present the industry is enjoying a growth rate of 14-17% per annum, with domestics sales growth at 12.8% The growth rate is predicted to double by 2015.

As it is seen, the total sales of passenger vehicle cars, utility vehicles and multi-utility vehicles in the year has increased in such a way that they have overtake Germany and Japan in Sales Volumes.

Financing schemes have become an important factor in the growth of automobile sales. More and more financial schemes are coming up with easy installment plans to lure the customers.

Apart from the domestic production, the industry in consistently focusing on the automobile exports. The auto component segment is contributing a lot in the export arena. The liberalized policies of the government are now making the companies go for more and more exports.

"As the Automobile Companies have strong present in Indian as well as Global Market, there wont be any saturation in the job for coming years."


Employment in the Sector:
Investment is leading to the employment growth in the sector. With the emergence of new projects and introduction of technological advancements, the focus is more on the skilled and experienced human resource. The companies are looking for skilled and hardworking people who can give their best to the organization.

The engineers in the Automotive or Electrical or Mechanical field are in demand. Some of the firms going for automation, i.e. planning for CAD (Computer Aided Design) systems, are also recruiting people with IT specialization.

Job Roles:
The Automobile Engineers usually has following job roles:
1. Development Engineer
2. Aerodynamics Engineer
3. Body Engineers

"The Automobile Engineers usually have decent salary packages and there is no saturation in job nor in the packages."

Further doubts or queries feel free to contact the undersigned.

--
Regards,
Rahul.

In order to post replies to the question: "Shall we see saturation of jobs in Automobile Engineer in the next few years?"

Post Reply

Latest ANSWERS

Respected Meghna mam, This is ashreen here. As I have completed my graduation in B.A Psychology ,I am planning to do my masters in correspondence and i aspire to become a psychologist please help me am confused what to do.

Hi Ashreen inorder to be psychologist one needs to do Masters in psychology by regular mode as in second year one needs to do 6 months of intenship.W .. read more

I want to write my 2 year puc exam

Hi Venky good evening, Can you please give some more details like 1. After how many years you wish to appear 2. In specific which place you want us to .. read more

do you provide counselling for someone wanting to change career at 30

Hi Meg good evening, yea off course we will. Thank you. .. read more

Can I get sure this is not fake

Hi Seethu good evening, Can you please frame your question even more clear? Thank you.  .. read more
Most Popular

Hii i want to do pgdm in financial market...is National institute of financial management faridabad is good or not...i mean m looking to do pgdm from that institute...is it worth it or not ? Pls tell me asap thanks

  Dear Aspirant. NIFM is an autonomous Institution of Ministry of Finance, Govt. of India and the PGDFM is a 2-year full-time program a .. read more

After M.A. in psycoloy through IGNOU where shouid i study clinical psycolog??

If you want to become a clinical psychologist, then you should study M.Phil in clinical psychology which must be approved by RCI. For that course MA P .. read more

What are the career options after M.Sc Life Science?

M.Sc. candidates can pursue a career in the field of Clinical Embryology & Assisted Reproductive Technology. MOMSOON Fertility & IVF Centre is .. read more

How to get a railway job after passing 12th commerce?

Hello, Here I am providing you some of the best job option in Railways after 12th Commerce. Have a look at the details below.   1. RRB Assistant .. read more
Caching Date: 10/23/2017 6:11:54 AM