Business Standard
Saturday, Feb 18, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

Manufacturing to be big recruiter in Orissa by '15
BS Reporter / Kolkata/ Bhubaneswar Nov 21, 2009, 00:45 IST

With an investment outlay of nearly Rs 3.5 lakh crore, Orissa is all set to create huge employment opportunities across the sectors.

According to a report on ‘Skill Gap Analysis’ for Orissa, prepared jointly by Confederation of Indian Industry (CII) and PriceWaterHouseCoopers, metal and manufacturing, mineral and mining, chemical and fertilizer, power, IT & ITeS, tourism, retail, health care and port sectors would be the major employment generators by 2015.

The metal and manufacturing sector would witness a capacity addition of nearly 58 million tonne by this period, which is projected to lead to an additional requirement of 60,000 skilled manpower like engineers, diploma holders and ITI passed technicians.

As per the report, the state government has signed memorandum of understanding (MoU) for production of nearly 75 million tonnes steel. This is going to generate additional employment of nearly 1 to 1.25 lakh.

Similarly, power sector would see an additional requirement of nearly 30,000 persons. The sectors like chemical and fertilizer are expected to experience a growth of about 10-12 per cent.

The growth in the manufacturing sector would boost the service sector particularly organized retail, healthcare and tourism. That apart, the service sector growth would be fueled by the growth of IT and ITeS sector in the state. After recovery from the current slowdown, the state will require additional 10,000 to 12,000 skilled hands in the IT and ITeS sector by 2015.

On the other hand, the organised retail sector would grow by over 150 per cent by this time and an additional 10,000 jobs are expected to be created.

Tourism sector which is now facing a negative growth would turn around and there would be an addition of nearly 3000 hotel rooms in the state leading to creation of employment opportunity for nine to twelve thousand more people. Demand for professionals related to healthcare sector would grow as corporate hospitals like Apollo and Care are setting up their facilities in the state, the report forecast.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Wall Street up on Greece, but gains seen limited
- FII-TO-FII: Pantaloon traded at 7% premium
- Civic polls: Saffron alliance retains Mumbai, Thane
- MCX awaits trading rules in commodity options, indices
- Govt to provide incentives for electronic chip manufacturing
  Read Business news in 
- Now property search gets more exciting than ever before!
- High Growth Business Opportunities in Africa - Register to explore
- Medium-sized businesses are the engines of a smarter planet.
- Save over Rs.3000 with IndianOil Citibank Card
- India's No. 1 Property Site. Click here to know more..
- Get 5% cashback on telephone bills with Citi
- Diseases earlier, Saving Costs, Extending Lives. Know More..
- Enjoy the journey as much as the destination. click to know more..
- Exim Bank Conclave on India - Africa Project Partnership. Know more..
- Creating Wealth made simple the SIP way. Know more..
- Only Developer to give a guarantee on time space & rate.
- Office 365 for professionals and small businesses.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
- Win a Business Class Ticket to Europe..Know more..
-  Introduce a New Automotive Luxury Car.. know more
Sorry, comments to this story are closed
Latest Messages
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- The malt of India
- Lehman withdraws winding-up petition against Wockhardt
- T N Ninan: Saving Mumbai
- The painter of a dream world
- Deepak Lal: Rights, stakes and Newspeak
 
 More  
BUSINESS STANDARD INDIA 2012
  Now available at Special price
  Rs.395/- Only
  Buy Now
  Now available on the Kindle Store...
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us