Manufacturing is a wealth producing sector of an economy as compared to the service sector which tends to be wealth consuming. Emerging technologies and know-how has helped to provide some new growth in advance manufacturing opportunities all over the world.
In 2010, this sector witnessed significant growth in terms of employment and is expected to keep up the show in the coming years also.
This sector has enhanced its productivity levels and optimized costs over the last year. Auto sector, engineering, minerals and metals are expected to show some resurgence. Recent trends of increasing sales of automobiles and consumer goods are testimony of this growth.
The year ahead will witness growth in jobs and change in hiring trends. This sector will take an amalgamation of fresh candidates and highly skilled professional to meet its ever growing need for employees.
The increase in market’s domestic demand has pushed this sector to recover early in India. The growth of various non machinery manufacturing products like consumer goods, food, textile, leather and related products is expected to create more number of job opportunities in this sector.
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