How Make in India Boosts Contract Staffing

How "Make in India" Boosts Contract Staffing in Manufacturing

India's resilience as an accelerating economy has been described as dominant. A report by the Ministry of External Affairs shows India's GDP exceeded the expected 8% in FY24 and grew by 8.2% in three of the four quarters. A significant player in achieving this admirable growth has been the manufacturing sector.   

The manufacturing industry has been a consistent cornerstone of the Indian economy. The "Make in India" initiative has been crucial in achieving this real GDP growth. It hasn't just enhanced production in the country but created countless jobs as well. The Startup India initiative falls under the "Make in India" program and has led to 1.55 million jobs.

This article looks at the link between the "Make in India" movement and partnering with the best contract staffing company in Mumbai or anywhere in India.

Overview of the "Make in India" Initiative

The concept of making in India came in time to lead the beginning of India's transformation. It would turn the country into a manufacturing core that would attract investments and boost infrastructure.      

It would make doing business with India in up to 25 sectors much easier. Among these sectors are:

• Automobiles
• Textiles
• Electronics
• Defence manufacturing

The initiative's responsibilities were increasing local production, boosting exports, and creating jobs.

The impact has been broad, with a need for staff increasing. Recruitment in manufacturing sector companies can prove to be costly.  

How "Make in India" Supports the Contract Staffing Ecosystem

The initiative has been helpful for India and job seekers looking for flexible work in the manufacturing industry. Looking at the current situation, here's how it's helping the contract hiring scene.

1. Focusing on Growth & Innovation

The Make in India hiring impact has brought investments to India, most of which have gone into growth and development.  

These changes have led to new manufacturing units and processes requiring a larger workforce. Contract staffing solutions have become the best way to handle these issues.

It allows companies to meet any hiring needs in a fast time and continue their work. Also, since staffing isn't as costly and time-intensive, firms can focus on other areas of business.

2. Leading The Change For Labour Laws

Growth in the Indian industry has also laid a platform for change in labour laws. It brought changes to wages, compliance, and staff benefits, especially temp and contract staff.

Not only do these changes benefit contract manufacturing staff, but they also lead to easier hiring processes for firms. These rules ensure staff and their rights are protected while companies can get the best workforce.

It creates a balance between employees and companies and the ability to work towards one goal.

3. Aiding Micro, Small, and Medium Enterprises (MSMEs)

The Indian manufacturing sector is made up of micro, small, and medium enterprises (MSMEs).

The "Make in India" scheme allows MSMEs to receive financial benefits, technology upgrades, and better market access. These businesses rely on hiring agencies for unskilled and skilled contract staffing needs.

It makes all the difference for these smaller firms in the country, as without these schemes, they wouldn't be able to grow.

4. Creating Jobs - Permanent and Contract

The increase in international companies setting up production units in India has multiplied the number of jobs.

These jobs aren't just permanent ones, but they are also contractual ones. Contract staffing growth factors have been spurred on by the presence of staffing companies.

It has helped to change the workforce ecosystem in India for the better.

Benefits of Contract Staffing for Manufacturing Companies

There are various reasons why manufacturers use staffing agencies, and here are 5 of them.

1. Rapid Scalability

In most cases, manufacturing staffing trends require fast hiring according to demand. It lets firms ramp up activities when necessary to keep up with the market.

Contract staff let companies scale up or down depending on the needs and market. Hiring takes time, and manufacturers don't have much time, and this is where help is necessary.

2. Access to White & Blue-Collar Candidates

In this industry, firms require a combination of white and blue-collar staff. The process of hiring white and blue-collar staff varies, but a staffing company in India can do both.

It ensures they get a mixture of white and blue-collar power to create a productive workforce.

3. Greater Adaptability 

In the manufacturing world, everything can change in a short time. It means firms must stay alert to the smallest changes in the market to thrive.

Effective blue-collar hiring strategies will allow them to hire appropriate staff quickly. It will keep them competitive in uncertain times and surpass competitors struggling with hiring.   

4. Reduced Documentation Burden

Opting for contract staffing services allows manufacturing firms to lower their workload. All paperwork, payroll, and compliance matters are taken up by the agency.

It frees up time, and employees can focus on the daily work and the larger picture. It benefits the company as a whole and allows growth and development.

5. Cost Savings

Recruitment can be costly, and companies will look to lower it and use the money elsewhere. Temporary staffing solutions use an efficient approach that lowers hiring costs.

The leading way hiring agencies manage this is by having a pre-vetted network of staff they have worked with.

Conclusion

The "Make in India" initiative has been an unstoppable force in transforming the Indian economy and its manufacturing industry. It has shaped hiring trends in manufacturing and brought more importance to contract staffing and the agencies providing these services.

Temporary staffing solutions allow these firms to avoid challenges, stay competitive, and get the best staff. This shows it will remain a vital part of hiring for companies in this field.

Are you looking for help in hiring and managing a workforce for your manufacturing company? If so, contact us to get help that makes all the difference.

FAQs

How can manufacturers with fluctuating demand handle staffing needs?

Contract staffing solutions allow these companies to handle their staffing needs. It lets them scale as per their production needs. The agency handles hiring and onboarding while reducing costs.

What is the best way for manufacturers to remain compliant with labour laws?

Partnering with an expert agency in hiring is one way of getting help when it comes to compliance, as they know the rules and how to follow them.

What challenges do companies face when hiring skilled workers?

Some of the blue-collar staffing challenges include skill gaps, retaining issues, and difficulty managing compliance. Staffing agencies can fix and handle all of these issues.

How do manufacturers address worker retention and engagement problems?

They can start by offering the employee a competitive package and benefits. Another option is to give them chances to grow their skills and knowledge.

How have staffing agencies helped companies under the "Make in India" scheme?

These hiring companies have helped these firms find contract and permanent staff. They also help them manage the workforce and areas like salaries and paperwork.