Jobs – Manufacturing vs Services: A Future Perspective

Automation has dominated major manufacturing sectors globally.

In India, Maruti Suzuki Automotive plant, in which the Indian government has stakes, is operating with 85% automation. As a general rule, if half the work you do on a daily basis is repetitive, then it is certain of becoming obsolete.

It is logical to conclude that the demand for human workforce in the manufacturing sector will witness a downward trend. This implies that career growth lies in services sector.

Of the 60+ Million MSMEs (Micro small to medium enterprises) in India:

· Manufacturing is 31%
· Trade is 36%
· Other services account to 33%

66% of the Indian workforce is already engaged in the services sector – be it contract, full-time, part-time or self-employed. Over the next 5 years, 75% of job prospects will be in the services sector and this is a conservative estimate.

This is highly evident in our daily lives. Uber, Ola, Zomato, Swiggy, Amazon, flipkart etc. are testimony to creating more jobs in the services space. Future is service-centric. – No more resumes, no more job search.

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