Pharma and healthcare sector aims at hiring global talent in India

Many sectors in India including, auto, retail, and other industrial sectors are hiring global talent to fill up the local job vacancies. Even healthcare services providers like Dr Reddy’s Laboratories, Wockhardt, to name a few have been recently highlighted to join the global job bandwagon, in a report by siliconindia.

The reason behind this global ideology of recruitment is driven by technology-with many more global candidates now accessible by healthcare giants. Even the rising salary standard for Indian employees has pushed this outward trend of recruitment, with Indian companies able to recruit fresh talent from aboard.

Dr Reddy's Laboratories and Wockhardt are among the employers pursuing global talent for local positions, as quoted by siliconindia.

However recruiting top talent for science-focused companies like Wockhardt and Dr Reddy's, be it in India or anywhere in the world, still remains critical. Siliconindia reports that Wockhardt is looking at around five or six senior positions to be filled from across the globe. The company has by far hired three to four people at leadership levels in India – from the U.S., Singapore and Europe, who were all operating in other countries as part of other global companies and are now based out of India.

"We have been looking at high-quality global talent in a fairly significant manner," said Prem Singh, president, global human resources Wockhardt. He also added that, "Today, the biggest challenge for HR is to attract the best talent, not just in India but globally. To attract the best talent in some niche areas, we need to take a global approach and that works well for us.”

To this end, hiring experts gauge that— with demand for niche skills and certain domain expertise, the trend of companies tapping into global talent for local requirement is only accelerating. "Our syllabus has to do a lot of catch-up with the industry expectation and rapid evolution," said Randstad India, CEO, Moorthy Uppaluri. Competitive workforce strategies today, according to Chandrasekhar Sripada, India-president & global head of HR at Dr Reddy's, are global in nature.