The automotive sector is witnessing a major transformation with the increased demand for electric vehicles (EVs). According to a report by Niti Aayog, by the end of 2023, more than 40% of ICE (Internal Combustion Engine) vehicles will be converted into electric vehicles. Studies have also shown that the Indian EV market is expected to grow at 90% CAGR and reach a value of $150 billion by 2030.
With the industry’s exponential growth and focus on driving large-scale innovation come several job opportunities associated with it. As per a report, in the coming years, the EV industry alone will create about five crore job prospects in the country.
In Episode 07 of Career Circles, Anshuman Srivastava, Chief of Customer Success at Taggd, interacted with Pankaj Sonalkar, Chief of the Electric Vehicle Technology Center at Mahindra & Mahindra, and Abhimanyu Sen, Senior General Manager & Head of Human Resources from Mahindra & Mahindra to discuss this changing landscape of the automobile industry and what it means for the job seekers.
You can also download our report Decoding Job Market in India 2023 to learn all about exciting jobs in electric vehicle industry.