Car companies may be battling the slowdown with job cuts. But new opportunities are opening up for auto engineers and diploma holders in organised used car retail — a segment that is expanding rapidly. Demand for used cars have seen an increase of 12-15% for over a year now. This has created such roles as ‘technical evaluators’. Head hunters say the demand is growing in double digits, albeit on a small base, and will continue for the next two-three quarters.
Mahindra First Choice Wheel CEO Ashutosh Pandey said, “While there is a sharp increase in recruitment of vehicle inspectors and others in formal channels like used car dealers in big cities, the real employment impact is much bigger.”
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Mahindra, he added, has a vehicle-inspection business that is partially related to retail and partially caters to insurance & finance companies. “We have 45% marketshare in that business and did 2 million inspections this year. Most of this is done by freelancers,” said Pandey.
Source: Economic Times