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49,000 MSMEs shut down in 10 years rendering 300,000 people jobless
According to the Ministry of Labour and Employment, the estimated unemployment rate for people aged 15 years and above was 4.2% in 2020-21, 4.1% in 2021-22, and 3.2% in 2022-23.Read more
Manufacturing activity in India rebounds in June; fastest hiring in 19 years
As a consequence of increases in new order intakes, the rate of job creation was the strongest since March 2005.Read more
Green energy industry to create jobs in India
The Adani Group has an operational capacity of 10.93 GW and plans to add 6 GW in 2025 and 6-8 GW every year thereafter.Read more
India needs 115 million manufacturing and service jobs by 2030; Natixis SA
India faces the challenge of creating 115 million jobs by 2030 to accommodate both underutilised existing labour and the incoming workforce, as reported by a source. Read more
Grew Energy to build 3.2 GW capacity manufacturing facility in J&K
India’s first renewable energy player to set up manufacturing facility in J&K.Read more
Dell cuts 6,000 Jobs globally in cost-cutting move
The company attributes this decision to a decline in computer sales over the past two yearsRead more
Evonik to cut up to 2,000 jobs globally by 2026
German Chemical Company Evonik Industries, known for its products used in various items including animal feed and Pfizer/BioNTech's COVID-19 vaccine plans to cut jobs by 2026 in order to reduce costs.Read more
India's Mobile Manufacturing boom set to create 150K-250K jobs in 12-16 months
Apple, along with its three contract manufacturers in India—Foxconn, Wistron, and Pegatron—alongside domestic player Dixon Technologies, is set to significantly expand its workforce to meet the growing demand both domestically and internationally.Read more
Boeing to invest Rs 300 cr in Chennai Engineering Center, creates over 1,100 jobs
The formal announcement of this investment, facilitated through a Memorandum of Understanding (MoU), is expected to take place during the upcoming two-day Global Investors’ Meet in Chennai.Read more
India's circular economy set to reach $2 tn by 2050, creating 10 mn jobs: CII roadmap
In this roadmap, the CII and various industry stakeholders advocate for the establishment of a new entity called the National Circular Economy Authority (NCEA).Read more