Headquartered in Denmark, GN Hearing is among the leading manufacturers of hearing aids in the world. The company offers a full range of instruments and accessories under several brands. The company has subsidiaries in more than 25 countries and distributors in 80 more. Driven by technological innovations and commercial excellence, GN Hearing has been the growing faster than the industry for the last six years.
In India, the hearing aid industry at wholesale prices is approximately INR 500 crores annually. Private retail consumption accounts for over 80% of the hearing aid market in revenue terms with the balance coming from government tenders. The market is growing @12~15% p.a. and likely to grow at these rates for the next decade due to very favorable demographics
In India, GN is headquartered in Navi Mumbai. GN has been the fastest growing company since 2012 growing revenues @ 24% CAGR. GN is a clear No 2 now in the lucrative retail market with a 17% market share, up from 5% market share in 2011. GN is the most profitable company in the industry with the highest % EBITA margin. Leadership in technology, a clear India strategy and strong execution have been the drivers of this performance.
Given the strong momentum, GN has an opportunity to drive growth higher than the current already high rate. GN has put in place aggressive plans for the 2018~2020 strategy period. The strategy involves executing 5~6 key sales and marketing initiatives in parallel with speed and accuracy.
GN Hearing India has excellent and competitive work environment with very strong focus on promoting from within GN.
We are looking for candidates who are self motivated, with go getter attitude and passion towards their work