According to top company executives and search industry experts, these business houses are looking to expeditiously overcome a severe talent crunch locally and reinforce their ambitious expansion plans.
New Delhi: Major conglomerates, like Tata Group, Reliance Industries, Adani Group, Vedanta, Larsen & Toubro, and JSW Group are actively looking to hire expatriates and returning Indian professionals to drive their emerging ventures. Sectors like renewable energy, semiconductors, electric vehicles (EVs), green energy, hydrogen, solar power, as well as battery and cell technology are the new business areas for these companies. According to top company executives and search industry experts, these business houses are looking to expeditiously overcome a severe talent crunch locally and reinforce their ambitious expansion plans.
Talking to ET Now Navnit Singh, chairman and regional managing director of India at Korn Ferry, a global executive search and HR consulting firm said, “Many companies in areas such as batteries, EVs, semiconductors, hydrogen and green energy, are seeking to hire returning Indians and expats from countries such as Taiwan, the Philippines, Vietnam, Malaysia, the UK and the US.”
Tata Group is setting up an AI-enabled semiconductor fabrication facility in Dholera, Gujarat, in collaboration with Taiwan’s Powerchip Semiconductor Manufacturing Corporation. According to a company official, the Mumbai-based conglomerate is actively recruiting highly experienced talent from Taiwan, including specialists in equipment and automation engineering.
Tata group’s electronics contract manufacturing business Tata Electronics has so far trained 400 employees, with more set to travel to Taiwan to learn specialised skills required for chip manufacturing.
Tata Group has set aside Rs 91,000 crore for establishing its semiconductor fabrication unit, a project expected to generate over 20,000 direct and indirect skilled jobs. The group’s broader multi-fab vision for Dholera aims to create more than 100,000 skilled job opportunities.
Adani, which aims to have 50 GW renewable power capacity by 2030, and is partnering Israel’s Tower Semiconductor to set up a semiconductor chip manufacturing plant in Taloja, Maharashtra, is hiring expats for niche roles for this, as well as in digital and technology domains, people in the know said to ET Now.
L&T Semiconductor Technologies, which opened offices in Japan, Europe and the US and bought semiconductor design startup SiliConch Systems, has also hired expat executives.