India’s ambitious journey to become a top player in the emerging electric vehicle market will be accompanied by 5 million new direct job opportunities, as per a report by talent solutions provider Careernet. The burgeoning market has already witnessed a 2,218 per cent surge in sales in the past three years.
EV jobs saw a compound annual growth rate of 110 per cent between 2020 and 2022. Last calendar year clocked 0.4 million EV jobs, 28 per cent of which were in Bengaluru. The city is expected to become a hub for both manufacturing and innovation in the sector as it goes through a technology intensive transformation, according to Careernet chief executive Neelabh Shukla.
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