companies in India are tapping the talent pool of ex-service personnel as they embark upon the next phase of growth.
Reliance Industries hired nearly 2,000 ex-service personnel in FY24, up by a third in one year. At 7,500, it employs the largest number of former defence forces personnel in any Indian company. According to industry sources, several Tata Group companies, automakers such as Maruti Suzuki, and others like the Adani Group, RPG Group, Vedanta, Sodexo and state-run ONGC hire ex-service personnel.
Such employees not only bring unique value through their high level of fitness and discipline, but also execution rigour and crisis management skills, and fortitude to serve in difficult areas and terrains, said a Reliance executive. They also bring an ability to perform in a volatile and uncertain environment, he added.
In FY24, natural resources group Vedanta launched a structured initiative to onboard ex-defence service veterans, instead of the earlier practice of hiring them on a need basis, chief HR officer Madhu Srivastava said. An estimated 55,000-60,000 personnel retire every year from the three services: army, navy and air force. Also, many officers who are superseded when they are 50 plus quit the forces, with a large majority moving to the corporate sector.
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