India has arrived in the global arena. Its transformation from an agriculture based economy to a knowledge based economy has become the learning point for all global economies. The major contributor for this transition has been India’s knowledge worker i.e the human capital.
Currently India is witnessing Problems of Growth “which stems from the acute shortage of manpower across all growth sectors. Organizations across India are on a recruitment spree in order to beef up their human capital to cater to the exciting growth opportunities that the market is offering. Exciting times are ahead for India manpower and extremely challenging situations are expected for HR teams of all companies. In addition to the domestic opportunity, India is being increasingly looked as a global destination for absorbing good talent. This further compounds the existing challenge that Indian companies are facing. All board rooms have regarded shortage and availability of skilled human force as the most potential growth blocker.