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PLI Scheme spurs 500,000 jobs in mobile industry: Minister
Speaking at the inauguration of Padget Electronics' Rs 256 crore smartphone manufacturing facility in Noida, Uttar Pradesh, Ashwini Vaishnaw expressed confidence in the development of the electronic components ecosystem.Read more
Impact of the PLI scheme on job creation
While large corporations play a pivotal role in India's economic landscape, it's the Small and Medium Enterprises (SMEs) that often act as the backbone of the nation's job market. The PLI scheme is a game-changer for these smaller organisations, as it provides them with a substantial boost, says Krishnendu ChatterjeeRead more
TN set to attract Rs 50,000 cr investments, generate 150,000 jobs in EV sector by 2025
Prominent EV companies contributing to the significant production in Tamil Nadu include Ola Electric, TVS Motor, Ather in Krishnagiri, Ampere Vehicles in Ranipet, BYD India in Kancheepuram, Stellantis in Tiruvallur, and E-Royce Motors in Coimbatore.Read more
IITs achieve robust placements despite job market challenges
IIT students have received pre-placement offers (PPOs), guaranteeing job placements for those who accept them. These offers have been extended before the official start of final placements.Read more
World's 1st Humanoid Robot CEO, ?Mika? brings AI Revolution
This innovative venture is the result of a collaboration between Hanson Robotics and Polish rum company Dictador.Read more
Airbus expands Indian operations, expects surge in jobs and collaborations
The company has recently entered into contracts with several firms, including Aequs, Dynamatic, Gardner, and Mahindra Aerospace, for the production of components for their commercial aircraft.Read more
Welspun's Sintex invests Rs 350 cr in Telangana, creating 1,000 jobs
The foundation stone for the new plant, situated in Chandanvelly, Rangareddy district, was laid by Telangana Industries Minister KT Rama Rao and Welspun Group Chairman BK Goenka on September 28.Read more
Rising logistics demand expected to create 10 mn jobs in India by 2027, says TeamLease report
According to one of the leading staffing companies, TeamLease Services, the positive momentum in the logistics sector, which is growing at a 12% CAGR, is expected to add 10 million jobs by 2027.Read more
Jindal's Stainless Steel Park in Odisha set to attract Rs 10,000 cr Investments, 20,000 jobs
In December of the previous year, Odisha Chief Minister Naveen Patnaik ceremoniously laid the foundation stone for this groundbreaking project.Read more
India's Semiconductor industry aims to create 1.2 million jobs
Notably, the chip design sector is poised to play a pivotal role, necessitating the recruitment of 275,000 individuals with diverse educational backgrounds.Read more