Industry Overview: Companies in this industry manufacture a wide variety of goods; major product groups include food and beverages, chemicals, machinery, transportation equipment, and computers and electronics. Demand ultimately depends on consumer spending. The profitability of individual companies depends on efficient production and distribution. Large companies often have large economies of scale in purchasing, production, and marketing. Small companies can compete effectively by producing specialized products.
Talent Challenges: Because of the ageing workforce and the fact that companies haven’t made the leap in investing in specialized talent, technical expertise is acute in this industry. Marketing and R&D are the major verticals that face talent shortage. The Indian manufacturing industry employs millions of skilled and semi-skilled staff, and because of the optimism in the domestic market, the need for such experts will be a major area of concern in this industry.
How HQ can help: With a management team and experts from the industry with over a decade of experience, our distinct task forces working across diverse sub sectors as textile, machinery manufacturing, automobiles, machine tools, flexible packaging, paper manufacturing, transportation equipment manufacturing, etc., provides clients with talent that suits their work cultures. We also help clients in building the organizational and talent profiles using various blended structures.