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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
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
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
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
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