A Company X Ltd. is setting up a new plant in India for manufacturing auto components. India has a highly competitive and cost-effective production base in this sector. Many reputed car manufacturers source their auto components from here. X Ltd is planning to capture about 40% of the market share in India and also export to the tune of at least $ 5 million in about 2 years of its planned operations. To achieve these targets it requires a highly trained and motivated workforce. You have been retained by the company to advise it in this matter. While giving answer keep in mind the sector, the company is operating.
Which sources of recruitment should the company rely upon? Give reasons for your recommendation.
A Company X Ltd. is setting up a new plant in India for manufacturing auto components. India has a highly competitive and cost-effective production base in this sector. Many reputed car manufacturers source their auto components from here. X Ltd is planning to capture about 40% of the market share in India and also export to the tune of at least $ 5 million in about 2 years of its planned operations. To achieve these targets it requires a highly trained and motivated workforce. You have been retained by the company to advise it in this matter. While giving answer keep in mind the sector, the company is operating.
Which sources of recruitment should the company rely upon? Give reasons for your recommendation.
The company is establishing a new unit in India. Thus, they should rely on external sources of recruitment. They should adopt this source through employment exchange placement agencies and labour contractors, they will able to get good staff in the company.
This recommendation is fruitful because through these the company will have a wide choice of candidates. They can get the qualified performed and bring new blood to the organisation who are highly competitive and will work harder to show better performance.
The company is establishing a new unit in India. Thus, they should rely on external sources of recruitment. They should adopt this source through employment exchange placement agencies and labour contractors, they will able to get good staff in the company.
This recommendation is fruitful because through these the company will have a wide choice of candidates. They can get the qualified performed and bring new blood to the organisation who are highly competitive and will work harder to show better performance.
