Manufacturing sector in India is growing at a fast pace, with market size expected to be app. US$372 in FY2020. The growth is expected to take further pace in long term owing the pandemic where many players see India as their manufacturing partner.
In terms of the sector distribution, Automobile industry contributes around 25.4%, followed by Chemicals and Drugs & Pharma. TSMC has major experience in working across these sectors and helping clients bridge the talent acquisition & training gap – especially at the executive and leadership level.
Let us walk through a practical case study where we helped a company hire at C level.
The CHRO needed to quickly assist the Board with the search for a new CEO, along with helping with the executive transition. With help from TSMC, the CHRO improved decisions and mitigated risks while planning for CEO succession.TSMC helped accelerate the CEO selection by developing a hiring process to identify the best-fit CEO candidate. Additionally, TSMC helped refine the new on boarding strategy to align with the new CEO's priorities.