India's drugmakers ramped up C-suite hiring in 2024 to support expansion plans amid favourable global business tailwinds, multiple industry executives said.
Search firms and companies confirmed increased hiring of chief technology officers (CTOs), chief financial officers (CFOs), chief human resources officers (CHROs), regulatory officers, as well as business leaders for emerging and regulated markets.
"Indian firms are creating more entrepreneurial, scale-driven opportunities. For a candidate willing to take a three-to five-year horizon, this becomes attractive given skin-in-the-game rewards like restricted stock units and Esops," Sachin Rajan, managing director at executive search and leadership advisory firm Russell Reynolds Associates said.
Large Indian companies want to differentiate themselves and pivot towards specialized portfolios, as well as focus on enterprise buyers such as hospital chains, and governments, Rajan said.
"This (requires) leadership both in commercial business units, sales and marketing functions, but also leaders who can enable pivots in functions like regulatory and medical," he said.
Denne historien er fra January 02, 2025-utgaven av Mint New Delhi.
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Denne historien er fra January 02, 2025-utgaven av Mint New Delhi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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India, Oman FTA negotiations over
India is not seeking customs duty concessions on over 100 product categories in FTA with Oman. AFP
PSB to raise ₹2k cr via QIP in Q4: CEO
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NCLT Directs Tulip Hotels' Liquidation
The National Company Law Tribunal (NCLT) has directed the liquidation of debt-ridden Tulip Hotels, as the tribunal failed to receive any bidder during its insolvency resolution process within the prescribed timeline.
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AESL order book swells to ₹54,700 cr
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Life, accident insurance coverage may be doubled
The initiative aims to strengthen financial security, especially for economically weak sections
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His past moves won little success even as key changes since have made world trade less vulnerable
Guide to investing in global stocks via Liberalized Remittance Scheme
From KYC to investments: Indian platforms are streamlining stock investments in the US, other global markets
Union Budget Likely To Offer Personal Income Tax Relief
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House sale tax: Are furnishings deductible?
I am planning to sell my house in a few months and want to understand how to calculate the cost of acquisition for all tax purposes.
