Indian Workforce

India's workforce set to increase to 457.62 mn by 2028: ServiceNow Report

India is on track to increase its workforce from 423.73 million in 2023 to 457.62 million by 2028, reflecting a net gain of 33.89 million workers, a report said on Wednesday. According to a report by American software company ServiceNow, emerging technology will transform talent across India's key growth sectors, generating 2.73 million new tech jobs by 2028. According to the report this surge in demand presents retail professionals with a valuable opportunity to upskill in areas like Software Application Development and Data Engineering, equipping them for a tech-driven landscape. This is followed by manufacturing (1.50 million jobs), education (0.84 million jobs), and healthcare (0.80 million jobs), propelled by expected economic growth and tech transformation, it stated. "AI will be a key catalyst for job creation across India's growth engines, particularly in roles requiring advanced technical skills. This strategic emphasis will not only create more high-value opportunities fo

Proper infra, workforce key challenges for logistics industry: Experts

Lack of proper road infrastructure, land availability for warehousing and skilled workforce shortages are some of the key challenges being faced by the logistics industry, according to experts. Warehousing needs land availability in and around metropolitan cities as a pick-up in economic activities is creating demand for logistics, Assocham Secretary General Deepak Sood said. Besides, the warehousing sector in India is highly fragmented, with many small and unorganised players, leading to inefficiencies, lack of standardisation, and limited scalability, he added. The lack of proper road infrastructure and congestion causing delays impacts the supply chain efficiency, Srikumar Krishnamurthy, Senior Vice President & Co-Group Head - Corporate Ratings, Icra Ltd, said. Some of the near-term headwinds are the inability to increase freight rates amid competitive pressures, an inflationary environment and relatively sticky diesel prices, he noted. BookMyCargo founder JD Yadav said the ...

Flexible work guidelines for women in the works as govt targets higher LFPR

This framework may not be legally binding but could serve as a guideline for states and companies to adopt, with a report anticipated by the end of this year

India's skilled workforce can play key role in global job market: PM Modi

In July, the Union Budget announced a set of five schemes at a cost of Rs 2 trillion for skilling and employment as part of the Prime Minister's package

Over half of Reliance employees under 30, women make up 21% of workforce

Reliance's total employee count stands at 347,362, of which 74,317 are women. Among the new joinees during FY24, a total of 41,092 were women

AI solutions firm Tredence to expand India operations, to hire more staff

Plans to increase its workforce in India by 60 per cent by mid-2025

More women join workforce, but leadership gaps remain, shows study

The report, based on LinkedIn's economic graph data, offers insights into gender representation across industries and job functions in India

ILO to hold talks to add framework for workforce protection in care economy

Member countries, including India, are expected to develop their national policies for promotion of care workers in line with international standards

40% campus hires in 2023 were women; IT attracts highest participation

HirePro report reveals 5% surge in female participation in campus hiring, with south India leading the trend

Clinisys Laboratory Solutions to ramp up India hiring by 50% in 2024

Clinisys holds a leadership position in the clinical laboratory information systems market, with a 19 per cent share of the market

Longer working hours & low earnings: How India's gig workforce fares

The report captures trends of earnings and working conditions among the workers in the app-based gig and platform economy

Female workforce grows in automotive manufacturing as tech adoption surges

Automation, skilled talent requirements, along with active measures to improve gender representation drive female hiring in the automobile industry

Progress or distress? Women's participation in workforce increases

Government says the trend is a result of its welfare and easy credit programmes

Cognizant's workforce reduces by 7,600 in 2023; 4,500 cut in India

Total global headcount of Cognizant at the end of 2023 was 347,700, with nearly 250,000 employees in India

Central govt workforce likely to decline by nearly 50,000 in 2025

The Interim Budget documents for FY25 show central government employee strength is estimated to peak in 2024 at 3.51 million, growing 12 per cent over the preceding year

Fusion CX opens BPO facility; firm's India workforce to hit 10,000

Business process management (BPM) company Fusion CX on Friday announced the opening of a 500-seat facility in Navi Mumbai. The company, which employs 9,500 of its global workforce of over 14,000 in India, aims to add another 500 employees to take its overall base in the country to over 10,000 in the next quarter, as per an official statement. It will serve global clientele out of the newly-opened facility spread over 20,000 square feet. The facility will help offer multi-lingual, omni-channel customer experience management, technical support, and back-office operations to clients in various sectors including healthcare, BFSI (banking, financial services and insurance), technology, retail, and utilities. The company's director and co-founder Kishore Saraogi said the expansion of the Mumbai operation will help Fusion CX establish a strong presence in all four regions (north, east, west, south) of the country.

Centre releases advisories, surveys to boost female workforce participation

Key recommendations from the central government's advisories include promoting women in leadership and management roles, crafting gender-neutral job advertisements, among others

Agri, self-employment drive women participation in rural workforce: FinMin

The report pointed out that the female labour force participation rate (FLFPR) has been rising for at least six years now, to 37 per cent in 2022-23 from 23.3 per cent in 2017-18

Food delivery giant Swiggy to slash 6% of workforce to trim costs: Report

The job cuts would impact about 350-400 employees across teams including technology, call centre, and corporate roles, the report said, the report stated

77% of Gen Z students shows interest in technology industry: Report

The technology industry in India continues to draw Gen Z students with 77 per cent of them showing interest towards the sector, a report by Nasscom-Indeed said. Millennials and Gen Zs constitute around 90 per cent of the tech workforce in India enabling higher generational diversity and driving a shift in preferences. "Learning and Growth and Culture and Ethics are the top criteria for both Millennials and Gen Z when selecting an organisation, highlighting the employers' continued focus on skilling and upskilling to navigate the current work environment and develop their desired career paths," the Nasscom-Indeed Future of Work report 2024, which was released on Monday, said. "The technology industry in India continues to be the industry of choice for Gen Z students with 77 per cent... showing interest towards the industry," it said. The survey by Nasscom and Indeed involved 185 employers and over 2,500 individuals from current and future workforces. As much as 84 per cent of ...