Global companies to hire most from India

Posted On: 18/12/2014 Updated On:

Global companies will hire the most from India in the coming years but it will be the most difficult place to recruit after Japan, Pepsico India chief D. Shivakumar said today.

"India will hire the most in the world, and will be the second most difficult market to hire from, after Japan," said PepsiCo India Chairman& CEO D Shivakumar. Moreover, in the coming years, the recruiters would judge the potential of the candidates through curiosity, insight, engagement and their determination.

Shivakumar also pointed out that global companies were increasingly shifting headquarters from the place of origin to the growing markets and the organizations were prioritizing creative jobs and outsourcing the repetitive work. "More Global headquarters will be in BRICS and Emerging Nations" he said at AIMA National Human Resource Management (HRM) Summit. Shivakumar further added that the country would have a global and knowledge economy in the coming years.

Citing from the Egon Zehnder report, Shivakumar said the share of creative class and service class would increase in the workforce in the coming years while ratio of working class would decline.

He also added that Indian HR was not prepared for the shifts in the nature of the economy, the ways of working and the changing direction of globalization. "India will hire the most in the world in the next decade but it will be challenged on talent," he added.

Hero MotoCorpBSE -2.11 % Joint Managing Director Sunil K Munjal said that people fear losing their positions to those they groom and that mindset needs to be addressed by providing clarity of roles. "The leadership traits have to be identified at the time of recruitment and the focus has to be on the ability to deal with the unforeseen situations," he said. Naina Lal Kidwai, Chairman India and Executive Director, HSBC Asia Pacific, said that companies need to prevent entitlement mentality among the identified stars.

More News

These engineering branches dominate IIT BTech students’ choices

Like previous years, the most popular courses at the 23 Indian Institute of Technology (IITs) are Computer Science and Engineering, Mechanical Engineering, Electrical Engineering, and Civil Engineering. As per the data shared by the Joint Admission B...

Posted On: 05/10/2024

IGNOU December 2024 TEE assignment submission deadline extended

The Indira Gandhi National Open University (IGNOU) has extended the assignment submission deadline till October 31. The extension is given for all kinds of courses, ODL, online programmes, GOAL, and EVBB for December 2024 tern-end examination (TEE). ...

Posted On: 05/10/2024

UGC NET June 2024 candidates left in lurch as result date not announced yet

It’s been a month since the University Grants Commission–National Eligibility Test (UGC–NET) was held, however, there is no information by the authorities on the result declaration date. The provisional answer key is already out. UG...

Posted On: 04/10/2024

NMC issues notification for inclusion of new PG medical qualification

Medical colleges intending to start a new postgraduate (PG) medical course like MD/MS, DM/MCh, PDF, PDCC or six-year DM/MCh will have to seek guidance from the PG Medical Education Board (PGMEB) for starting the new course. Only after the receipt of ...

Posted On: 04/10/2024

TS LAWCET 2024 Counselling: When and where to check phase 2 seat allotment results

TS LAWCET Counselling 2024: The Telangana State Council of Higher Education (TSCHE) will release the seat allotment for phase 2 counselling at its official website. Students who participated and registered for round 2 to seek admission to three-...

Posted On: 03/10/2024

Maharashtra NEET PG 2024 Counselling: Last day to register for round 1 at medical2024.mahacet.org at

Maharashtra NEET PG 2024: The Common Entrance Test Cell, Maharashtra will today end the round 1 counselling registration. Students who have still not registered on the portal are advised to do so today before 11:59 pm at medical2024.mahacet.org....

Posted On: 03/10/2024

Kerala launches new entrance training programme to benefit over 8 lakh students

The state-run Kerala Infrastructure and Technology for Education (KITE) has launched an ambitious initiative to provide support and guidance to over 8 lakh students from public schools as they prepare for various undergraduate entrance examinations...

Posted On: 01/10/2024

UCEED 2025: IIT-Bombay releases exam schedule, registration to begin today

UCEED 2025: The Indian Institute of Technology, Bombay (IIT-B) will start the Undergraduate Common Entrance Exam for Design (UCEED) 2025 registration today at its official website— uceed.iitb.ac.in at 1 pm. The examination for UCEED is sch...

Posted On: 01/10/2024

Karnataka PGCET 2024 results declared at cetonline.karnataka.gov.in

Karnataka PGCET 2024 Results: The Karnataka Examination Authority (KEA) today released the results for the Karnataka Post Graduate Common Entrance Test (PGCET) 2024 for MBA, MCA, ME, MTech, and MArch programmes. Candidates who appeared for the e...

Posted On: 30/09/2024

NEET PG 2024 Counselling: Supreme Court hearing likely on October 4

The Supreme Court will now hear the plea related to NEET PG likely on October 4. A plea has been filed by a group of NEET PG aspirants challenging the exam’s pattern set by the National Board of Education for Medical Sciences (NBEMS). The plea...

Posted On: 30/09/2024

View all