In the dynamic landscape of sectors such as consumer goods, retail, fast-moving consumer goods (FMCG), and electric vehicles (EV), a noticeable shift is underway as companies actively seek seasoned professionals and senior leadership talent. The demand for experienced individuals is particularly evident in companies like Nestle, Dabur, Clensta, and Citykart, which are strategically expanding their portfolios and reaching out to a broader customer base. This hiring surge within the consumer, retail, and FMCG domains has experienced a noteworthy uptick compared to the previous year, as indicated by reports from renowned recruitment firms including Korn Ferry, Insist Consulting, Transearch, and Michael Page.
Consumer-focused startups and established firms alike are in the midst of an ambitious recruitment drive. Clensta, a direct-to-consumer personal care brand, is actively seeking senior professionals to enhance its business and marketing functions. The brand is also exploring the inclusion of a co-founder and senior executives to spearhead its expansion efforts in national and international markets. Similarly, Citykart has set its sights on expanding its management team to support growth and store expansion. Additionally, the company is on the lookout for a finance and HR head to strengthen its operational pillars.
Meanwhile, the electric vehicle sector is undergoing a transformation of its own, with a strategic focus on attracting senior leadership from traditional automobile companies. Approximately 45% of senior talent that has transitioned into the EV industry in the past 12-24 months hailed from established automobile giants, according to data sourced from Native, an executive search firm. This movement highlights a noteworthy trend in the EV space, with 24% of the talent churn originating within the EV sector and an additional 31% transitioning from diverse industries.
In this realm, key roles such as heads of engineering, strategy, research and development (R&D), quality, and manufacturing are in high demand. Given the limited availability of expertise in areas like R&D and engineering, companies are actively recruiting senior professionals from other sectors, often offering substantial compensation increases of up to 70-80%, according to Aditya Narayan Mishra, CEO of Ciel HR.
A multitude of companies operating within the electric mobility sphere, including Greaves Electric Mobility, Sun Mobility, Hero Electric, Mahindra Electric, Okaya Electric, Simple Energy, and Altigreen, are on a dedicated quest to bolster their teams, in alignment with the trends delineated by Native's data.
In conclusion, the sectors encompassing consumer goods, retail, FMCG, and electric vehicles are witnessing a notable surge in the demand for seasoned professionals and senior leadership. This evolution not only underscores the dynamic nature of these industries but also emphasizes the proactive measures that companies are undertaking to secure top talent and drive innovation forward.
