Demand for green jobs sees surge of 81% on YoY basis: Teamlease
ESG sector jobs have grown by 223% between April 2019 and April 2023.
A report by consulting firm Teamlease states that there has been an 81% year-on-year surge in the demand for green jobs in January 2023.
Delhi/NCR saw a year-on-year growth of 289%, whereas Mumbai and Bengaluru saw a year-on-year growth of 216% and 174%.
A significant increase in ESG-related jobs in India over the past three years indicates an increased focus on sustainability in the Indian job market. Job searches for sustainability roles have increased by 31% between April 2022 and 2023, with 13% overall growth in interest in sustainability roles over the last three years.
Esg sector jobs have grown by 223% between April 2019 and April 2023.
The demand for green supply chain managers is projected to grow at 10-15% annually.
The Automobile industry also showed increased demand for green professionals at 307%, the report added. India's automotive industry’s worth is around $222 billion, while the EV market in India is estimated to be valued at $2 billion by 2023 and $178 billion by 2030.
In the auto industry, Battery and EV component manufacturing offer the most job opportunities, the report states. The predicted 1600% growth in Li-on Battery manufacturing is expected to offer significant job opportunities, it added.
"The e-mobility space is exhibiting a tectonic shift in the technology, which creates a whole new requirement for skill sets and roles. This sector is hiring a large pool of engineers - electrical, electronics and mechanical. Additionally, there is a huge demand for software developers, app developers, chemical engineers, business analysts and designers. The e-mobility space is changing rapidly, and with AI, it is undergoing further transition," said Yuvraj Sarda, Head- E-mobility solutions, Volvo Construction Equipment.
While there are significant job opportunities on one hand, the report also highlights the skill gap shortage with less than 10% of the population receiving formal training.
In the context of climate change, the lack of a skilled workforce in sustainable development is estimated to lead to an annual GDP loss of 3-10% from 2021 onwards.
"Corporates can play an active role in creating awareness and skill enhancement of the workforce. Moreover, it has to be adapted as a part of the company culture," said Sundaresan MR, Head of Procurement and Sustainability Programs, Nissan Digital India.
Applications for the ninth vector award are now being accepted till February 9, 2024.
Leading car makers say the tax benefit and subsidy for electric vehicles should be extended till the time the industry h...
The company has struggled to boost its stock price as it dealt this year with the UAW strike, problems at its Cruise sel...