Chennai, often referred to as the “Detroit of India,” is rapidly emerging as a major hub for the auto industry, especially in the electric vehicle (EV) sector. This growth is fueled by factors like government incentives, global demand for sustainable transportation, and the presence of a skilled workforce. As the industry expands, its impact on…
In recent years, the conversation around diversity hiring has gained significant traction in India. One of the key drivers of this movement has been the introduction of tax incentives for companies that employ a minimum of 33% women in their workforce. This policy not only promotes gender equality but also provides tangible financial benefits to…
Over the past decade, employee expectations in India have undergone a significant transformation. The conventional 9-to-5 workday is no longer the standard, as employees now seek greater flexibility and autonomy in how they manage their work. This shift, hastened by the COVID-19 pandemic, reflects a growing desire for more meaningful engagement, where employees feel heard,…
Authored by Navin Guatham P The gig economy is transforming the traditional employment landscape across the globe, and India is no exception. One intriguing aspect of this transformation is the rise of gig workers and the evolving concept of moonlighting. Though moonlighting—holding a second job in addition to one’s primary employment—is not yet widely accepted…
In today’s job market, a strong employee value proposition (EVP) is an important tool to attract and retain top talent. Job seekers and employees want to know “what’s in it for me?” and an effective EVP can help your organization answer this question in a concise and consistent voice. A good employee value proposition should: …
The retail industry is an important part of the Indian economy and on track to make an even greater impact in the years to come. India’s retail industry is currently the fourth largest in the world and accounts for over 10 percent of the country’s GDP and around 8 percent of the workforce, totaling over…
As we kick off a new year, let’s look back at some of our most popular blogs from 2023—and stay tuned for more valuable content in 2024! Outlook of Automobile Industry in India: 2023 India’s automobile industry is one of the largest worldwide, accounting for nearly half the country’s manufacturing GDP. In this blog, Acara…
Diversity in the workplace has become an imperative for businesses around the globe—and for good reason. A growing body of research indicates that businesses with higher diversity outperform their peers and that workers believe diversity is an important part of a company’s culture. In India, there is one industry in particular that should be leading…
As many as 75 percent of global organizations are challenged by talent shortages. Amid this scarcity, India is recognized for its surplus talent in various fields, including information technology, engineering, medicine, finance, and more. In fact, the county is expected to have a skilled talent surplus by 2030, including more than one million highly skilled…
If there’s one thing that leaders don’t want their workplace culture to be considered, the word “toxic” is arguably the first term that comes to mind. Toxicity can cause high performers to underachieve, exceptional employees to explore new opportunities, company morale to deflate, and overall business performance to suffer. Although the pandemic enabled millions of…
