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This Week’s Top Stories about Industrial Tech And Digitalisation in India

Technology has transformed India to leap globally, offering a unique success story. One of the defining characteristics of the government’s strategy for developing India is industrial digitalisation. The government has already made significant announcements for the industry to foster industrial tech growth and increase labour productivity. The 2023 Budget’s initiatives to advance digitisation in India have been welcomed by many in the business, as it has raised enormous expectations among industry stakeholders.

Budget 2023 Boosts Indian Tech Industry Growth

On February 1, 2023, Finance Minister Nirmala Sitharaman delivered her fifth consecutively delivered budget. People and business experts claim that the Union Budget 2023–24 is a growth-oriented and inclusive budget that establishes a solid platform and fosters India’s industrial digitisation.

She started by saying that the administration views the following 25 years as “Amrit Kaal,” commemorating India’s independence’s 100th anniversary. In this budget, the government’s goal is to create a knowledge-driven and technology-driven economy. The budget reflected the FM’s remarks and strategies to reach this goal. It highlights skill development, employment creation, and the improvement of the macroeconomy.

In her Budget 2023–24 speech, the Finance Minister announced that the Centre would introduce the Pradhan Mantri Kaushal Vikas Yojana 4.0 which will provide cutting-edge courses related to Industry 4.0, including coding, AI, robotics, mechatronics, IoT, 3D printing, drones, and other soft skills.

The possibility of improving such advanced technical abilities among those working for companies and automation sector players will greatly increase the digitalisation of the industry. Additionally, establishing three CoEs for artificial intelligence will support the government’s ambitious goal to “Make AI in India” & “Make AI Work for India.” The government’s plans to use 5G technology in telecom, develop a National Data Governance Policy, set up Central Data Processing Centers, and establish innovation hubs for the pharmaceutical and medical device industries will likely have a significant impact.

Wrapping Up

Planning your recruiting could provide you with an advantage over your competitors. While you take care of crucial business responsibilities, let Krehsst take over and handle the rest. We are one of the best industrial tech and digitalisation recruitment agencies and hiring for project management and detail engineering teams.

By offering sustainable talent solutions, we help enterprises expand their workforce by helping with recruitments for industry 4.0 and recruitments for automation, PLC, SCADA, DCS, and plant automation. Our professionals will make your hiring process convenient, affordable, and advantageous. We handle everything from background checks through various screening stages. Check out our website today!

This Week’s Top Stories About Electronic and Embedded Technology

Electronic and embedded technology are two of the hottest topics in the tech world today. The embedded technology sector has seen steady growth over the past decade, but 2020 has been a  particularly unprecedented year in terms of accelerating growth. From autonomous drones to artificial intelligence to the Internet of Things, these technologies rapidly change how we interact with the world around us.

Companies focusing on increasing their capabilities to meet the market’s demand will be well-positioned to succeed. By leveraging technological advances and understanding customer needs,  companies can ensure they remain ahead of the curve and drive effective growth in the embedded technology sector for the coming year.

Market Research for Embedded System Applications

The embedded technology market is divided into automobiles, electronic goods, industrial, aerospace and defense, and other segments based on application. A study suggests the market for embedded systems worldwide, estimated to be worth $89.1 billion in 2021, is anticipated to increase to $163.2  billion by 2031, rising at a CAGR of 6.5% between 2022 and 2031.

A collection of computer hardware and software created for a particular purpose is known as an embedded system. Furthermore, embedded technology may function as a component of a larger system. The systems may be programmable or limited in their capabilities. Most industrial, consumer,  agricultural, and processing equipment, vehicles, medical devices, cameras, digital watches, home appliances, and vending machines contain embedded systems.

The method of designing embedded systems is being revolutionised by embedded systems engineers,  who are also changing how data centres are run. To conserve power, they use certain types of chips that enable software to hardware data transfer, which is essential for power-sensitive embedded systems applications.

Due to a rise in demand for advanced driver-assistance systems (ADAS) in electric cars (EVs) and hybrid vehicles, the worldwide embedded systems market is expected to expand over the forecast period.  An increasing number of research and development projects on embedded systems will also fuel the expansion of the global embedded systems market. On the other hand, the rise of 5G and 5G-based  embedded technology is projected to augment the expansion of the Indian electronic market.

Additionally, during the projection period, the demand for multicore central processing units (CPUs)  in military applications is anticipated to drive the expansion of the embedded systems industry.  However, the security of embedded systems is one of the main challenges preventing the embedded system sector from expanding.

Wrapping Up

In 2023, a large increase in the market for embedded system applications is anticipated. This expansion results in a surge of talent with niche skills. We at Krehsst have developed a reputation of tapping into the niche market and are providing our clients with excellent manpower for embedded technology such as Autosaar developers and testing, Firmware developers for senior roles of solution architects, and project leads. Krehsst assists businesses in expanding their team staff by providing long-term talent solutions. Our experts will make the hiring process simple, reasonable, and advantageous.

L&T dispatches special construction equipment to Border Roads Organisation

L&T Construction Equipment Limited (LTCEL), a wholly owned subsidiary of Larsen & Toubro, said that it had delivered the first batch of 25 special version Wheel Loaders to the Border Roads Organisation (BRO). LTCEL Wheel Loaders are top mining equipment manufacturers designed for use in tough terrains such as high elevations and adverse weather conditions.

These tough mining equipment companies in India (type L&T 9020) are outfitted with ‘Cold Starting Kits,’ allowing them to run in temperatures as low as -20 degrees Celsius. According to a statement provided by Larsen & Toubro, BRO would use them to reinforce road infrastructure in Northeast, North, and Northwest India (L&T). These machines, designed and developed by our Product Development Centre in Coimbatore as part of our commitment to Make in India and the Aatmanirbhar Bharat programme, feature more than 90% indigenous content, in keeping with the Government’s objective to boost local manufacturing.

BRO is India’s multidimensional, transnational construction organisation with construction and engineering recruitment specialists dedicated to satisfying the strategic demands of the armed forces to protect the nation’s security and integrity. It is critical in creating and maintaining operable road infrastructure in remote border areas, contributing to the socioeconomic growth of the region.

BRO has requested bids as part of the Government of India’s attempts to develop border roads and bridges. Despite intense competition from local and global industries, LTCEL won the contract to deliver 70 L&T 9020 Wheel Loaders, its single largest order.

Arvind K Garg, Executive Vice President and Head of L&T Construction and Mining Machinery Business (L&T CMB) and Director of LTCEL, stated: “LTCEL has been involved in the provision of indigenous machinery for several important objectives of the Indian Government. It has also supplied equipment for various purposes required by UN peacekeeping operations, Public Sector Units (PSUs), and the BRO, in addition to delivering them in huge quantities to private contractors constructing India’s infrastructure.”

LTCEL manufactures a wide range of Road Construction Equipment, including Vibratory Compactors, Pneumatic Tyred Rollers, Asphalt Pavers, Skid Steer Loaders, Wheel Loaders, and Hydraulic Excavators, as well as accessories like Crusher Buckets and Slope Compactors. It also produces and sells high-precision hydraulic components and customised systems for use in construction equipment, industrial machinery, and other technical fields.

The Border Roads Organisation (BRO), a company tasked with meeting the nation’s strategic needs, has received the first shipment of 25 special version Wheel Loaders from L&T mining equipment manufacturers. These machines can operate in challenging terrain, high elevations, and adverse weather conditions. These dependable machines (model L&T 9020) are equipped with “Cold Starting Kits” that allow them to function in temperatures as low as minus 20 degrees. They will be used by BRO to improve the country’s roads in the northeast, north, and northwest.

Krehsst fills leadership, senior, and middle management jobs with its specialist construction recruitment solutions across various sectors in India. We look for talent that will power our clients’ enterprises after extensive studies on their industry. Krehsst, our preferred hiring partners to major off road vehicle manufacturer, provides insight into a company with a champion team of subject-matter experts. By offering sustainable talent solutions, Krehsst helps manufacturers to enhance their leadership teams.

The Indian Electric Vehicle Market Achieved a Significant Milestone

In 2022, EV retail sales surpassed one million units or 4.7% of all vehicle sales. The government’s Vahan website states that approximately 9,89,000 EVs have been registered with regional transport offices as of 29th December 2022. The figures already indicate an increase of more than three times from 2021 (without Telangana data).

The major drivers of the rise have been EV automotive and mobility fleet operators and individuals purchasing two-wheelers. New models, more charging stations becoming available, and reduced operating costs have all attracted customers. Manufacturers like Tata Motors, Ather Energy, and Ola Electric stand to gain the most from the rising use of EVs.

In October, November, and December, EV sales per month exceeded the 1,00,000 mark due to high demand during festival season and year-end purchases. 1,02,000 electric vehicle registrations were made in December, compared to 115,000 and 119,000 sales in October and November.

Even though sales for the industry were down in December, Tata, the dominant player in the four-wheeler market, passed the 50,000 EV mark. It became the first vehicle manufacturer in India to do so this year thanks to its aggressive strategy in the EV market and automotive executive search firms, which helped increase its customer base and raise the necessary awareness. Tata Motors currently control 85% of the market for electric passenger vehicles. According to predictions from the industry, if this year’s trends continue, EV sales might reach 1,00,000 each month over the following 12 months.

Challenges Ahead

The Society of Manufacturers of Electric Vehicles predicts that by 2025, internal combustion engines will have transitioned to electric power by 30%. However, the auto industry’s reluctance to spend more on EVs, the lack of a long-term strategy, and an increase in Covid cases put the sector in severe danger. To prevent over-dependence on suppliers like China, automotive executive headhunters embarked on a long-term policy with a strong emphasis on sourcing great resources within India. Additionally, executive recruiters in the automotive industry are important for a solid supply chain of personnel and essential raw materials like rare earth metals. The EV industry’s expansion goals could be hampered if these aren’t in place.

The ambitious target set by the government is for EVs to account for 30% of private automobiles, 70% of commercial vehicles, and 80% of two- and three-wheelers by 2030. Especially for passenger cars, the auto industry today has a fairly solid order book. Since most of these orders are for high-end models, servicing them will require larger quantities of semiconductors.

The FAME Scheme

In 2015, the government adopted the Faster Adoption and Manufacturing of Hybrid and EV (FAME) scheme for INR 8.95 billion (USD 130 million) to prioritise the transition to e-mobility. This scheme provided subsidies for electric two-wheelers like scooters, electric three-wheelers, and e-cars. INR 8597 crore has been granted incentives under Phase II of the FAME Scheme, which was introduced in 2019. INR 1000 crore has been designated for the construction of charging infrastructure, giving rise to recruitment agencies for the automotive industry due to the rise in workforce demand.

EVs are regarded as the future of the automotive industry as the global energy landscape shifts in favour of renewable and sustainable energy sources in all spheres of life. The demand for EVs will only increase with new government policies and incentives.

Krehsst has continuously reviewed and improved its processes, and as a result, its systems and procedures keep up with the speed of automotive executive recruiters in the industry. Whatever your sector, you can rely on Krehsst’s experience for cutting-edge talent solutions while concentrating on attaining higher savings.

In E-mobility we have extensively worked on powertrain technology, battery management system, and the complete ecosystem of hardware/power electronics, and embedded software in the Electric Vehicle industry. We stand out from other recruitment consultants with our in-depth knowledge of electric vehicle integration.

In 2022, EV retail sales surpassed one million units or 4.7% of all vehicle sales. The government’s Vahan website states that approximately 9,89,000 EVs have been registered with regional transport offices as of 29th December 2022. The figures already indicate an increase of more than three times from 2021 (without Telangana data).

The major drivers of the rise have been EV automotive and mobility fleet operators and individuals purchasing two-wheelers. New models, more charging stations becoming available, and reduced operating costs have all attracted customers. Manufacturers like Tata Motors, Ather Energy, and Ola Electric stand to gain the most from the rising use of EVs.

In October, November, and December, EV sales per month exceeded the 1,00,000 mark due to high demand during festival season and year-end purchases. 1,02,000 electric vehicle registrations were made in December, compared to 115,000 and 119,000 sales in October and November.

Even though sales for the industry were down in December, Tata, the dominant player in the four-wheeler market, passed the 50,000 EV mark. It became the first vehicle manufacturer in India to do so this year thanks to its aggressive strategy in the EV market and automotive executive search firms, which helped increase its customer base and raise the necessary awareness. Tata Motors currently control 85% of the market for electric passenger vehicles. According to predictions from the industry, if this year’s trends continue, EV sales might reach 1,00,000 each month over the following 12 months.

Challenges Ahead

The Society of Manufacturers of Electric Vehicles predicts that by 2025, internal combustion engines will have transitioned to electric power by 30%. However, the auto industry’s reluctance to spend more on EVs, the lack of a long-term strategy, and an increase in Covid cases put the sector in severe danger. To prevent over-dependence on suppliers like China, automotive executive headhunters embarked on a long-term policy with a strong emphasis on sourcing great resources within India. Additionally, executive recruiters in the automotive industry are important for a solid supply chain of personnel and essential raw materials like rare earth metals. The EV industry’s expansion goals could be hampered if these aren’t in place.

The ambitious target set by the government is for EVs to account for 30% of private automobiles, 70% of commercial vehicles, and 80% of two- and three-wheelers by 2030. Especially for passenger cars, the auto industry today has a fairly solid order book. Since most of these orders are for high-end models, servicing them will require larger quantities of semiconductors.

The FAME Scheme

In 2015, the government adopted the Faster Adoption and Manufacturing of Hybrid and EV (FAME) scheme for INR 8.95 billion (USD 130 million) to prioritise the transition to e-mobility. This scheme provided subsidies for electric two-wheelers like scooters, electric three-wheelers, and e-cars. INR 8597 crore has been granted incentives under Phase II of the FAME Scheme, which was introduced in 2019. INR 1000 crore has been designated for the construction of charging infrastructure, giving rise to recruitment agencies for the automotive industry due to the rise in workforce demand.

EVs are regarded as the future of the automotive industry as the global energy landscape shifts in favour of renewable and sustainable energy sources in all spheres of life. The demand for EVs will only increase with new government policies and incentives.

Krehsst has continuously reviewed and improved its processes, and as a result, its systems and procedures keep up with the speed of automotive executive recruiters in the industry. Whatever your sector, you can rely on Krehsst’s experience for cutting-edge talent solutions while concentrating on attaining higher savings.

In E-mobility we have extensively worked on powertrain technology, battery management system, and the complete ecosystem of hardware/power electronics, and embedded software in the Electric Vehicle industry. We stand out from other recruitment consultants with our in-depth knowledge of electric vehicle integration.

This Week’s Top Stories About Electrical Distribution Industry

India has established one of the most diverse power sectors in the world. The sources of electricity are segregated into conventional and non-conventional sources. Coal, oil, nuclear power, natural gas, and hydro are conventional sources, while solar, wind, domestic, and agricultural waste are non-conventional sources. Electricity demand witnessed rapid growth and is expected to rise further shortly. This increased demand leads to newer endeavours among companies across the country.

Schneider Electric’s Smart Investment in Bangalore

This Thursday, December 22, Schneider Electric disclosed its plans to venture a total of INR 425 crore on a new smart factory in Bangalore. The light engineering company is estimated to be one of India’s largest smart factories. The zonal president of Schneider Electric India Pvt. Ltd. claims that this decision will contribute to India’s economic growth and solidly to this country’s self-dependency.

This new factory promises to make high-demand products from single-phase UPS, three-phase UPS, renewable products, power distribution units, low-voltage drives, pre-existing data centres, and much more. As per its latest statement, the number of jobs this business endeavour creates spiked from 1000 to 3000. A reliable source from the company claims that this business move will result in an export volume capacity of 80% in customers across 30 nations worldwide.

Lastly, this lighting engineering company consolidates electronics PCBA, electronic systems, and electronics products to safeguard its futuristic value.

How Will The Establishment Proceed?

This Thursday, Schneider Electric declared that this new facility would take 6 out of their 10 existing factories under one roof. As per the understated plan, this new factory will extend its parameters to 10 lakh square meters, which is twice what it once was.

This light engineering company estimates a sale of 5200+ crore by 2026. The expansion will magnify the company’s major investments in 4IR technologies to guarantee efficiency and sustainability in the company’s operations.

Such business endeavours call for effective recruitment in several light engineering companies. It is important to manage this complex process critically. This is where light industrial recruiting firms in India play a crucial role.

The future of India’s light engineering companies is safeguarded in this decision. The zonal president of India and CEO and MD, Anil Chaudhry, of Schneider Electric India Pvt. Ltd., estimated this factory to be their largest smart factory established in India.

Final Thought

At Krehsst, our experts will make the hiring process comfortable, inexpensive, and beneficial. Well-reputed recruitment agencies like Krehsst exclude candidates that don’t fit standard qualifications and experience. From background verifications to numerous screening rounds, Krehsst takes care of everything. When the candidate finally has a one-on-one interaction with the company, it will only exceed the company’s expectations.

The search for brilliant candidates and our effort to convince applicants and reputed recruiting agencies set up a remarkable brand image. It spreads quality outreach of an employer’s brand effectively.

Our mission is to connect deserving candidates to companies so they can thrive. At the same time, we ensure that your company builds a reliable and exemplary team.

Introducing Green Hydrogen in the Chemical-Process Industry

The chemical and process industries focus on chemically manufacturing raw materials into products ready to be packaged. The final products will differ from their raw materials once they are processed. India’s chemical industry contributes 7% of the nation’s Gross Domestic Product (GDP). This contribution makes India the sixth-largest chemical industry in the world. As a result, we can notice a spark in the employment opportunities that chemical recruitment agencies cater to.

India’s chemical and process industries produce about 80,000 chemical products. This vast output, demand, and recognition led to the foundation of some reputed chemical recruitment agencies in India.

Top Story of The Week

Published on 30th December 2022, Nitin Gadkari minister of Road Transport and Highways introduces green hydrogen as a sustainable alternative to fossil fuels. Besides its obvious relevance in transportation, green hydrogen holds futuristic value in the chemical and fertiliser industry. Mr. Gadkari announced this proclamation at the 121st annual station of the established Merchant’s Chamber of Commerce and Industry. This element of scope and recognised demand causes a spike in growth in textile recruitment agencies in India.

Mr. Gadkari states that the country has a bright future in becoming a global manufacturing hub and green hydrogen exporter. Moreover, green hydrogen is economically convenient in small-scale applications. The chemical and process industries promise a revolutionary switch to green hydrogen by 2030. If the industry progresses at this rate, the country will establish a national market of USD 8 billion.

A Greener India

This logical yet uprooting turn has caused a rise in chemical engineering recruitment agencies since companies and start-ups revamp their ways. Not only does this create employment opportunities, but it also solidifies the growth of chemical industries in India.

Mr. Gadkari highlights the collaboration of the Central Road Research Institute with the Indian Institute of Petroleum regarding bio-bitumen development. It includes rice straw in its processing and is said to be a long-term solution to reducing the carbon footprint.

In the modern era with excess emissions, it is vital to include green hydrogen in fertiliser manufacturing. The industry consumes this green hydrogen to produce fertilisers along with other gases. It is an eco-friendly substitute for coal and crude oil. As we walk towards an environmentally-conscious world, this initiative could do wonders on a large scale.

Partner With Krehsst

Planned recruitment can take you a step ahead of your competitors. However, it may be time-consuming to do it all on your own. Allow Krehsst to step in and take care of the rest while you manage other important tasks.

At Krehsst, our team of experts finely picks the best, most experienced, and most qualified team members that will ensure the growth of your organisation. We find dependable candidates to fill the roles of leaders, seniors, and middle management in an elaborate scheme of industries. It helps us in being a highly reliable chemical recruitment industry in India.

A thorough research on your business (understanding of the Client Business Model as a Krehsst process practice) helps us to chart a unique approach, mission, and purpose. This will give us a crystal-clear idea of the kind of personalised references of individuals that will help your company thrive. Our excellent team of domain masters uses insights to produce customised solutions.