Electric vehicle makers in India are accelerating their search for expat talent even as the country positions itself among the world's leading EV markets.
Companies such as Tata Motors, Ather Energy, Ultraviolette and Royal Enfield are looking for, or have recently brought in, expats and returning Indians for their global perspective, functional expertise in more developed markets and the ability to forge strategic partnerships.
Senior talent is being recruited to head R&D, manufacturing, engineering and product management.
The Indian EV market size is estimated at $34.8 billion in 2024 and is expected to reach $110.7 billion by 2029, according to a report by Mordor Intelligence.
There's an influx of mandates from the electric vehicle sector, say search firms.
Mandates for expat talent have increased by at least 30% for the quarter to March 2024 compared to the year-ago period, said R Suresh, managing director of Insist Consulting.
Robust Demand
“There is no prior experience in the Indian market for design, development, manufacturing of li-ion battery cells and its variants, and there is a dire shortage of talent in giga factory projects and R&D of batteries,” Suresh said.
Expat hiring in India for the EV sector has primarily been in technology and R&D, and the need for expertise also extends to manufacturing batteries, cell chemistry, etc. where skilled professionals are scarce in India, said Sangeeta Lal, senior