October 5, 2023: In recent years, the field of aerospace engineering in India has witnessed a remarkable surge in aerospace job market, with an annual influx of approximately 1000 more individuals joining the industry.
The rise in numbers indicates a burgeoning need for aerospace professionals, with the country now producing between 3000 to 4000+ aerospace engineers each year, according to a comprehensive market analysis by Xpheno in October 2023.
Anil Ethanur, Co-Founder of Xpheno, delved deep into the current landscape for engineering graduates, their career prospects, and the prevailing hiring trends within the aerospace sector. The analysis over the past half-decade reveals a substantial buzz, largely catalyzed by the Indian Space Research Organisation (ISRO), the nation’s prestigious space program.
Chandrayaan Mission Elevate India’s Aerospace Job Market
One standout achievement that has ignited excitement among job seekers and budding aerospace enthusiasts is the Chandrayaan mission. The moon-bound endeavor has shone a spotlight on the aerospace industry, fostering interest and ambition in this domain.
Remarkably, the analysis indicates that the private sector already employs around 9500 aerospace engineers, with many more contributing to the industry through government entities. The workforce in the private sector alone underscores the growth and significance of the field.
When examining the hiring landscape, the report categorizes three primary cohorts. First, there are aerospace Original Equipment Manufacturers (OEMs) and engine manufacturers. Second, IT services companies play a pivotal role in supporting global aerospace giants. Lastly, startups in the aerospace sector are gaining traction, buoyed by significant investments in the space industry.
Geographically, the top three locations for aerospace job creation are Bangalore, followed by Hyderabad, and Mysore. These cities have become hubs for aerospace engineering opportunities.
In terms of specific skillsets in demand, the report highlights areas such as AutoCAD, CATIA, MATLAB, Python, Computation Fluid Dynamics (CFD), and technical publishing as frequently advertised job requirements. As technology evolves, proficiency in these skills remains essential for aspiring aerospace engineers.
Aerospace Job Market Predicted to Grow 30% YoY in India
Looking ahead, the analysis by Xpheno predicts a promising future for aerospace engineering in India, with a projected 30% year-on-year growth. This forecast is excellent news for those aspiring to pursue a career in this dynamic and rapidly expanding sector.
In conclusion, the aerospace job market in India is on an upward trajectory, driven by ISRO’s remarkable achievements, growing private sector employment, and increased investment in startups. As the industry continues to thrive, it offers abundant opportunities for young engineering graduates and professionals looking to make their mark in this exciting field.
