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Impact of talent war on industry & economy
While talent war fosters innovation, productivity, and career advancement opportunities, it also brings challenges such as income inequality, rising costs for businesses, and job insecurity, says Chandra Shekhar Singh.Read more
Skilled labour: The missing link
It is paradoxical that inspite of having the world’s largest employable population, Indian manufacturers are struggling to find skill labour. India needs to fix the skill set gap fast, if it wants to become to a $1 trillion manufacturing economy and emerge as the world's manufacturing powerhouse, says Rakesh Rao.Read more
US Push for Indian solar growth raises concerns over Chinese forced labour components
Longi Green Energy Technology Co, had faced repeated denials for its products in the US due to concerns about forced labour.Read more
UAW escalates strikes, shuts down Ford's key plant, threatens Stellantis
In an unexpected move on, 8,700 union members at Ford's Kentucky truck plant in Louisville left their jobs. Union President Shawn Fain hinted at further action against Stellantis, expressing hope for more productive talks.Read more
Suhner introduces EFC-02, electric force compliance system
Suhner provides metal processing solutions to for various industries. It is expanding its suite of robotic grinding accessories and tools with the fully electric EFC-02.Read more
Food processing labour shortages drive packaging automation
The food processing labour shortage remains on the minds of many decision-makers. Automation can relieve some associated burdens, says Emily Newton.Read more
Way to $ 1 trillion manufacturing economy?
In 2021-22, for the first time, India’s exports crossed $ 400 billion and this year, the country has set a target of $ 470 billion (a tall ask given the prevailing external environment).Read more
Flender receives Gold Medal from EcoVadis
German drive manufacturer Flender announced today that it has achieved a Gold Medal from EcoVadis, the worlds’ most trusted provider of business sustainability ratings. Read more
Indian labour market in worst condition since April-May 2020: CMIE
CMIE’s data about the Indian labour market states that the Indian labour market is in its worst condition since April-May 2020. The employment rate continues to worsen amidst the COVID-19 second wave.Read more
Will the new Labour Code make industries safer?
According to data from the Labour and Employment Ministry, 3,562 workers died in factory accidents across India between 2014 and 2016, and more than 51,000 were injured in that period.Read more
