Noor Fatima

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

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by Noor Fatima
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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.

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