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Auto majors step up contract hiring to meet rising demand across segments

Less than 4% of additional staff employed in FY18 was permanent

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Hero Motocorp  |  Chennai  |  Ashok Leyland

Ajay Modi  |  New Delhi 

Permanent job creation appears to be somewhat missing in the country’s fast-growing and employment-intensive automobile industry. Top automakers are resorting primarily to hiring temporary and contractual staff to meet the rising demand for vehicles across segments.

An analysis of the employee data at the four top auto firms — Maruti Suzuki, Hero MotoCorp, Ashok Leyland, and TVS Motor — shows that less than 4 per cent of the 24,350 additional staff employed at the end of 2017-18 was permanent. Even as they grow, firms want to have flexibility in staff strength ...

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First Published: Mon, July 30 2018. 05:30 IST
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