According to Sanjay Shetty, Director, Professional Search & Selection, Randstad India, the EV (electric vehicle) sector will generate up to 10 million new direct jobs and an additional 50 to 55 indirect jobs, according to The Economic Times.
According to Shetty, “We anticipate annual EV sales in India to exceed 10 million units and this will help to create around 8-10 million direct and 50-55 million indirect job opportunities.” In the near future, there will be an increased need for qualified workers, who will number between 1.5 million and 2 million, he continued.
Blooming jobs in the EV industry
Manu Sharma, AVP HR at Hero Electric, claims that the electric vehicle industry will require between five million and 10 million workers right away in order to grow to scale. At the same time, Sameer Aggarwal, the CEO and founder of Revfin, predicted that by 2030, 20 million new jobs would have been created, covering a variety of occupations from manufacturing to research and development to skilled technical positions and the deployment of charging infrastructure. This would create a diverse and robust labor market. The demand for workers with green talents has grown so quickly that there is now a skills gap and a growing demand-supply mismatch.
Increases in salary from the existing package may reach 50% or more for certain roles. In R&D responsibilities, for instance, salary increases can range from 40% to 50%, according to Girish Lobo, head of HR at Altigreen. However, for specialized talents like data science and AI, salary increases can reach over 50%.
