One corner of the auto market is churning out new jobs
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$25 billion by 2023?
At $14 billion, the size of the pre-owned automobile industry is 1.3 times the size of the new car market, and is expected to touch $25 billion by 2023, accrding to OLX.
Digitally savvy millennials seeking choices that maximize value while minimising the impact on environment have been the key force driving this growth.
Digitally savvy millennials seeking choices that maximize value while minimising the impact on environment have been the key force driving this growth.
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Who's in demand
Currently, the organised used retail industry directly employees around 10,000 people, according to HR firm TeamLease. But the opportunities are more in the smaller cities.
The present staffing demand has been 12-15% for the past 12 months and is expected to increase by another 7-8% in the coming two-three quarters. Diploma holders in automobile or mechanical engineering, vehicle inspectors and technical evaluators are in high demand.
The present staffing demand has been 12-15% for the past 12 months and is expected to increase by another 7-8% in the coming two-three quarters. Diploma holders in automobile or mechanical engineering, vehicle inspectors and technical evaluators are in high demand.