While manufacturing accounted for the bulk of jobs created in some of the developed countries, India’s transition from farm-to-non-farm jobs will be spearheaded by the sales domain states TeamLease analysis. With 10 regulatory reforms Sales domain has the potential to create around 250,000 jobs in Chennai and 10 million across the country. The necessary regulatory reforms include consolidation of 44 central labour laws into 4 labour codes, Unique Enterprise Number (UEN), employee salary choice, PPC compliance portal, the Factories Amendment Bill 2016, Small Factories Act, amendments in contract Labour and Regulation Act 1970, amendments in Industrial Disputes Act 1947, amendments in Trade Union Act 1926 and the adoption of the Model Shops and Establishment Act. Without any reforms, Chennai is still expected to create at least 60,000 new Sales jobs in the next 3 years.
Further, from an overall hiring perspective also the city seems to be on a growth trajectory. In the coming fiscal the city will see a 12% growth in the hiring outlook.
An in-depth study, according to the analysis, currently, Chennai employees 121,000 sales professionals across sectors, this amounts to 12% of the overall 1.5 million sales profiles in the country. But with a combination of macro-economic, strategic and technological factors like GST, FDI, digitization and Artificial Intelligence (AI) the profile will witness a significant growth. With an increasing retail store space of 1 million sq ft, Chennai’s retail sector will be the biggest driver of demand for sales talent. Other sectors like the booming automobile sector, new infrastructure expansion and being the second largest IT base in the country will push the demand for sales talent significantly.
In terms of employers expectations, learning agility, conflict resolution, self determination and emotional intelligence are few of the skills that the employers expect from any potential sales employee.