A company X Ltd. Is settig up a new plant in India for manufacturing auto components. India has a highly competitive and cost effective production base in this sector. Many reputed car munufacturers source their auto components from here. X Ltd is planning to capture about `40%` of the market share in India and also export to the tune of atleast `$ 5` million in about 2 years of its planned operations. to achieve these targets it requires a highly trained and motivated work force.you have been retained by the company to advise it in this matter. While giving answer keep in mind the sector, the company is operating.
Which source of recruitment should be company rely upon? Give reasons for your recommendation .

Explanation

The company is establishing a new unit in India. Thus, they should rely on external source of recuirment . They should adopt this source and through employment exchange, placement agencies and labour contractors, they will able to get good staff in the company.
This recommendation is fruitful because through these sources the company will have a wide choice of candidates. They can get the qualified presonnel and bring new blood in the organisation who are highly competitive and will work harder to show better performance.