Latest Hiring Trends of the Indian Metal Industry in 2024

The metal industry plays a crucial role in the Indian economy. It supports the manufacturing sector, strengthens foreign exchange reserves through exports, and contributes 2% to the nation’s GDP. In 2024, the sector is expected to employ about 1.56 million people across multiple business functions.  

• Digital and Automation Expertise: Adoption of Industry 4.0 is on the rise, and the metal industry is increasingly integrating digital technologies, automation, and data analytics to set up smart operations for enhanced efficiency and productivity. 

• Increased Women’s Workforce: The Indian steel sector employs only 5% of women and companies are now actively working to increase its women’s workforce. They want to boost female representation particularly in managerial and production roles, as only 2% of women hold managerial positions and 3.5% are in production roles in the sector. 

• Employee Training and Education: Vocational training centers set up in smaller cities are providing employee training and education as workers in the metal industry are required to upgrade their skills to stay relevant. By collaborating with industry partners, these training centers are helping workers adapt to new technologies, improve efficiency, and contribute to local economic growth. 

• Increased Investments and Industrial Growth: Government programs aimed at boosting the metal industry in smaller cities, like Make in India, Production Linked Incentive and other initiatives, are leading to the establishment of new plants and offices in these areas. Such initiatives have empowered local workers and created job opportunities in cities like Jamshedpur, Bokaro, and Bhilai. 

• Automation and Collaborative Robotics: As automation and robotics propel the metal industry into a new era of efficiency, safety, and sustainability, jobs like automation engineer, industrial robotics technician, and control system engineer are currently in high demand within companies. 

• Internet of Things & Big Data Analytics: The integration of IoT & data analytics is bringing unprecedented advancements in the metal industry by streamlining the entire business process. Thus, job roles like data scientist, IoT solutions architect, cloud data engineer are currently in high demand.  

• Additive Manufacturing: Additive manufacturing, or 3D printing, helps companies to create designs quicker, minimize waste, and promote rapid prototyping. Therefore, job roles like CAD designers, 3D printing technicians, and quality assurance specialists are some of the most sought-after positions in the industry. 

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• The domestic steel demand is expected to grow at a rate of 10% over the next few years. 

• The metal industry is projected to grow from $188.5 Billion to $264 Billion by 2032. 

• Companies like Tata Steel are focusing on DEI initiatives and plan to increase their female workforce to 25% by 2025. 

The future of the Indian metal industry looks promising as it is influenced by strong domestic demand, supportive government policies, and continuous investments in technology. 

As the industry continues the path of robust growth, Taggd, with its extensive hiring expertise in the metal industry can help you meet your recruitment goals with our data-driven hiring solutions and extensive talent pool of skilled professionals across India. 

To explore how we can help you build a future-ready workforce, please schedule a 

complimentary consultation call with our team of hiring experts by emailing us at marketing@taggd.in . We look forward to connecting with you!