India is shining. India’s story is going strong. In an otherwise gloomy global scenario, India is the star that is shining. The same is manifested in the B school placements this year and especially at FORE. India shines – even in B Schools.
Recruitment is a lead indicator for businesses. Strong recruitment precedes business buoyancy. Strong recruitments in companies that are driven by demand emanating from India, foretell strong growth for these Indian companies. The Indian economy is poised to be the third largest in the world and hence recruitments and placements – being the lead indicators they are – are going strong. Indian automobile sector – with or without EVs – passenger or commercial – are recruiting strongly – whether it is Suzuki, Tata Motors, Hyundai, Kia Motors, Volvo Eicher and many more. If India is shining can the shiny paint companies be far behind – so companies like Asian Paints, Berger Paints have made a resurgence this year.
The rising Indian middle class, the youth of India are driving retail demand and the same is manifested in the strong recruitment numbers from companies driven by retail demand – the likes of ITC, Nestle, Havells, Relaxo, Pladis Global, VIP etc are showing a strong presence at B School campuses. India’s youth passing from B schools are the ones who understand the consumption patterns of youth best. The Indian consumer is thirsty and the alcohol-beverage segment has seen companies like United Breweries, Pernod Ricardo etc. tapping the taps. Driven by the youth of India, the alcohol-beverage segment is expected to grow even further in the coming months and years. If India moves Porter moves them – logistics companies are moving to B schools for placements.
BFSI sector has always done well and so this year when BFSI companies like IDBI, ICICI, DBS, Axis Bank, Kotak Mahindra Bank, IIFL Finance, Darashaw, CRISIL, CARE ratings etc. came, it was no surprise. Banks are the backbone of an economy and a growing Indian economy needs a strong Banking and Financial ecosystem.
Consulting companies that serve Global markets like Accenture, Deloitte, Capgemini etc. are engaging with campuses although with limited numbers. Technology majors, given the demand slump globally are playing cautious and not recruiting in big numbers, but nevertheless recruiting. HCL tech, Wipro, Genpact, Tech Mahindra etc. are coming to the campuses and engaging with campuses – companies and campuses do not disengage – good times or bad times – the relationships must be maintained.
Large Indian conglomerates like Adanis, Tatas and Reliance are shining at B schools. India is shining this Placement Season in B Schools. India will continue to shine at B School campuses in the coming years as well.
About Author
Prof. Rajneesh Chauhan, with more than 20 years of expertise in IT, ERP, Consulting, and Operations Management, has collaborated extensively with Fortune 500 clients worldwide.
