The Piramal Group is looking to hire over 1,000 people this fiscal year as per a media report. About 100 of these are likely to be from the country’s premier engineering and management institutes.
The group would be hiring from premier B schools and engineering colleges, including the IITs and the IIMs. Last year, the company hired close to 90 students from engineering and management schools up from 35 students the year before.
Vikram Bector, President and CHRO, Piramal Enterprises stated, “Almost 90% of the campus hiring is through PPO route. An internship gives both the students and the company enough time to understand the compatibility quotient. Most of the hiring is growth-based, mainly led by its verticals—pharmaceuticals and financial services.”
The current headcount of the $10 Bn group stands at 14,500.
Also, the company is also starting its ‘Future Leaders Programme’ this year- a two-year career development course including three six-month stints each across the group’s businesses, coupled with a two-month stint at the Piramal Foundation. The group’s four key companies are Piramal Enterprises (including pharma and finance), Piramal Glass, Piramal Realty and Piramal Foundation.
The program is a subset of Piramal Headstart, where millennials are hired from India’s management institutes and are mentored to become future leaders. In addition, the Group also has an ongoing Piramal Learning University programme, where it identifies and accelerates the career and learning of high performers.
Image Credits: Business World