Need placement? There are 5 million new jobs.

India's emergence as a centre of manufacturing for vehicle makers will result in the hiring of 5 million new employees over three years, consisting of both direct and indirect employment.
According to Siam, a further seven million will be added in the period from 2012 to 2016, almost doubling the count to 25 million from the present 13 million; This would make the automotive sector one of the largest job generating sectors in India in the current decade.
Some say India has got one of the largest populations but does India have the capacity to absorb the increasing manpower. So this is one part of the answer.
Of the 5 million new jobs in the next three years, about 25 per cent will be for managerial functions, 60 per cent will be for skilled labour and the remaining lot will comprise unskilled labour.
Nissan and Renault , Toyota Kirloskar Motors, Honda Siel Cars, Mahindra & Mahindra, Tata Motors , Maruti Suzuki, General Motors], Ford, Volkswagen and Mercedes-Benz are among several other large, medium and small component supplying companies making huge investments in setting up new production plants across the country.
Some companies are investing separately in vehicle design and technical centres which play a pivotal role in all research and development (R&D) activity. India has become the hub for developmental activities of new cars for not only Asia but established markets such as the US and Europe.

Posted By: Preet Varun Singh