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Tuesday, January 21, 2025 | 11:25 PM ISTEN Hindi

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Jobs In Manufacturing

Most professionals in India looking for new job in 2025: LinkedIn research

A significant percentage of professionals in India are looking for a new job this year, but the search is tougher than ever, according to new research from leading global professional network LinkedIn. More than two-thirds (69 per cent) of Indian HR professionals feel it has become more challenging to find qualified talent for a role, signalling a necessary shift in the way professionals will need to apply for - and land a job in 2025. According to LinkedIn, 49 per cent of job seekers are applying to more jobs than ever, but are hearing back less. Hirers are also finding the process increasingly challenging. Over one-fourth (27 per cent) of HR professionals spend between 3-5 hours a day reviewing applications and 55 per cent said that less than half the job applications they receive meet all the criteria, LinkedIn added. "The job market is tough, but it's a reminder for Indians to take a more thoughtful approach to their job search," Nirajita Banerjee, Career Expert and Sr. Managi

Most professionals in India looking for new job in 2025: LinkedIn research
Updated On : 20 Jan 2025 | 4:31 PM IST

Q2 growth disappointing but 6.5% GDP target for FY25 'not in danger': CEA

The Economic Survey projected India's GDP to grow at 6.5-7 per cent in 2024-25, down from a high of 8.2 per cent in the the preceding financial year

Q2 growth disappointing but 6.5% GDP target for FY25 'not in danger': CEA
Updated On : 29 Nov 2024 | 7:58 PM IST

India's electronics sector threatened by 10 million skill shortage: Report

The electronics value chain is advancing rapidly, but bridging skill gaps is crucial to unlocking its full potential, a report has stated

India's electronics sector threatened by 10 million skill shortage: Report
Updated On : 19 Nov 2024 | 4:35 PM IST

2nd time in 20 yrs: Manufacturing jobs pull ahead of growth, shows ASI data

Capital intensity adds horsepower to the sector in latest ASI data

2nd time in 20 yrs: Manufacturing jobs pull ahead of growth, shows ASI data
Updated On : 16 Oct 2024 | 9:51 PM IST

Tata to create 500,000 manufacturing jobs in 5 years: N Chandrasekaran

India's manufacturing sector saw a 7.4 per cent rise in employment, with 1.3 million new jobs created in FY23

Tata to create 500,000 manufacturing jobs in 5 years: N Chandrasekaran
Updated On : 15 Oct 2024 | 1:41 PM IST

Govt needs to promote labour-intensive industries for jobs: Raghuram Rajan

With 7 per cent economic growth, India is not creating enough jobs as reflected by the number of applicants for vacant posts in some states, Reserve Bank's former governor Raghuram Rajan said and suggested the government needs to focus on promoting labour-intensive industries to generate employment. Rajan further said some Indians, especially those at upper level, are comfortable and have high incomes, but consumption growth from the lower half of the country has still not recovered to pre-pandemic level. "That is the unfortunate part...You would think with 7 per cent growth, we would be creating a lot of jobs. But if you look at our manufacturing growth, it is more capital intensive," he told PTI. Rajan was asked whether the Indian economy, which is growing at 7 per cent, is creating enough jobs. According to him, the industries that are more capital-intensive are growing faster, but labour-intensive industries are not growing. "It is not going well at the lower level. I think th

Govt needs to promote labour-intensive industries for jobs: Raghuram Rajan
Updated On : 29 Sep 2024 | 11:13 AM IST

OpenAI pitched White House on need of massive 5GW data center buildout

OpenAI said investing in these facilities would result in tens of thousands of new jobs, boost the gross domestic product and ensure the US can maintain its lead in AI development

OpenAI pitched White House on need of massive 5GW data center buildout
Updated On : 25 Sep 2024 | 8:36 AM IST

Manufacturing to determine India's growth path, says Piyush Goyal

Goyal argued some of the issues faced by companies in India revolve around land and lack of infrastructure

Manufacturing to determine India's growth path, says Piyush Goyal
Updated On : 30 Aug 2024 | 7:28 PM IST

Automation paves way for women in originally male-dominated mfg sector

With the country moving towards becoming a USD 35 trillion economy by 2047, the manufacturing sector is rapidly adopting automation which is expected to increase recruitment of women, helping companies become more inclusive, a TeamLease Services senior executive has said. "These companies have begun adopting automation in phases in these male-dominated sectors and have started recruitment of women. We expect that with the increase in adoption of automation in these industries, companies will recruit more and more women going forward," TeamLease Services Chief Strategy Officer Subburathinam P told PTI. He further said that, in the manufacturing sector there are several challenges that companies face while becoming more inclusive like the deep-rooted societal norms and discrimination, a lack of diverse role models and leaders, and poor work-life balance. "In India's manufacturing sector, women are significantly underrepresented, making up only about 15-20 per cent of the workforce. ..

Automation paves way for women in originally male-dominated mfg sector
Updated On : 12 Aug 2024 | 2:35 PM IST

Budget makes employment push as youth share in formal job additions falls

Share of people younger than 25 in formal employment, as defined by EPFO additions, fell to 50.2% in 2023-24, from 68.9% in 2018-19

Budget makes employment push as youth share in formal job additions falls
Updated On : 23 Jul 2024 | 5:36 PM IST

India needs to add 7.85 million jobs every year till 2030: Economic Survey

Manufacturing sector witnessed subdued employment growth in the past decade due to issues like bad loans, says Economic Survey 2023-24

India needs to add 7.85 million jobs every year till 2030: Economic Survey
Updated On : 22 Jul 2024 | 1:51 PM IST

Shrinking informal economy: Sign of formalisation or growing hardship?

The 2022-23 Annual Survey of Unincorporated Sector Enterprises shows a grim employment situation in the non-farm informal sector

Shrinking informal economy: Sign of formalisation or growing hardship?
Updated On : 18 Jul 2024 | 10:31 PM IST

Telecom equipment production sales cross Rs 50,000 crore under PLI scheme

Within three years, the Telecom PLI scheme has attracted investments of Rs 3,400 crore, with telecom equipment production exceeding Rs 50,000 crore, govt sources reveal

Telecom equipment production sales cross Rs 50,000 crore under PLI scheme
Updated On : 10 Jul 2024 | 1:01 PM IST

Modi govt's only mission is to make sure youth are jobless, alleges Kharge

The Modi government has only one mission and that is to "keep the youth jobless", Congress president Mallikarjun Kharge alleged on Tuesday in a scathing attack against the Centre on the issue of unemployment. The Modi government may be refuting independent economic reports like the one by Citigroup on unemployment but how will it deny government data, Kharge asked in a lengthy post on X citing various reports. "The truth is that Modi government is solely responsible for shattering the dreams of crores of youth in the last 10 years," he alleged. Kharge said the latest government data punctures the government's claims. According to NSSO's (National Sample Survey Office) Annual Survey of Unincorporated Sector Enterprises, in the manufacturing sector, 54 lakh jobs were lost in unincorporated units in the seven years between 2015 and 2023, he said. "In 2010-11, 10.8 crore employees were employed in unincorporated, non-agricultural enterprises across India, which has become 10.96 crore

Modi govt's only mission is to make sure youth are jobless, alleges Kharge
Updated On : 09 Jul 2024 | 2:24 PM IST

Manufacturing wages are heading up amid labour shortage in country

Pay is rising faster than in other segments of the economy

Manufacturing wages are heading up amid labour shortage in country
Updated On : 05 Jul 2024 | 10:29 PM IST

Higher demand pushes hiring up as manufacturing PMI touches 58.3 in June

A figure above 50 in the index denotes expansion and that below signifies contraction

Higher demand pushes hiring up as manufacturing PMI touches 58.3 in June
Updated On : 01 Jul 2024 | 11:50 PM IST

Not just China, all PLI-led visas being fast-tracked: Piyush Goyal

On 100-day agenda, Goyal said the commerce department and DPIIT were still working on it and it was a "work in progress"

Not just China, all PLI-led visas being fast-tracked: Piyush Goyal
Updated On : 01 Jul 2024 | 12:11 AM IST

73% of Indian workers surveyed content with their salary: ADP Survey

ADP's annual flagship survey, People at Work 2024: A Global Workforce View, reveals that salary continues to be the most important factor for Indian workers surveyed in a job (55%)

73% of Indian workers surveyed content with their salary: ADP Survey
Updated On : 18 Jun 2024 | 5:11 PM IST

Unemployment biggest worry in India, world's fastest growing economy: Poll

Prime Minister Narendra Modi's BJP, widely expected to return to power for a third straight term, had promised to create more jobs when elected in 2014

Unemployment biggest worry in India, world's fastest growing economy: Poll
Updated On : 24 Apr 2024 | 8:43 AM IST

April business growth at near 14-year high on robust demand, show PMIs

The reading has been consistently above the 50-mark separating expansion from contraction since August 2021

April business growth at near 14-year high on robust demand, show PMIs
Updated On : 23 Apr 2024 | 11:53 AM IST