As India is moving to become a semiconductor manufacturing hub, the industry is poised to generate 1 million jobs across varied sectors by 2026, a report said on Monday. This demand is expected to be seen in various categories, including an estimated 3,00,000 jobs in chip semiconductor fabrication, around 2,00,000 positions in ATMP (Assembly, Testing, Marking, and Packaging), and additional roles in chip design, software development, system circuits, and manufacturing supply chain management, said a report by talent solutions company NLB Services. Further, the report revealed that there will be a demand for a skilled workforce, including engineers, operators, technicians, and specialists in quality control, procurement, and materials engineering, emphasizing India's strategy to build a robust semiconductor talent pipeline by 2026, it added. In addition to the government backing the semiconductor industry, many private companies have disclosed intentions to invest in building new ...
This hiring trend is not limited to major metro cities; Tier-II and Tier-III cities are also experiencing a significant rise in job opportunities
With attrition rate as high as 40 per cent in the blue-collar job segment, a recent report revealed that over 40 per cent of those interviewed are still actively seeking new opportunities. Over 40 per cent of participants are currently employed but actively seeking new job opportunities, according to a report by blue-collar hiring platform WorkIndia. The report revealed that the quest for a better salary is a significant motivator, with 22 per cent of respondents indicating that financial compensation is their primary reason for job hunting. Additionally, 20 per cent of respondents cited career growth opportunities as a driving factor, while another 20 per cent noted personal motivations such as relocation, completing education, or changes in family circumstances, it stated. The report is an analysis based on inputs from 1,100 respondents on the WorkIndia platform. It further revealed that many experienced candidates feel they need to be more fulfilled in their current roles, ...
Raymond's garments business, which exports to the United States, Europe and Japan, reported sales of Rs 1,139 cr last year, accounting for over a tenth of the group's revenue
The UPSC on Friday postponed the Engineering Services Examination-2025 to give sufficient time to the aspirants for preparation, following a change in scheme for the recruitment of Indian Railway Management Service officers, according to an official statement. The decision came after the government decided that the recruitment to the IRMS would be made through both the Civil Services Examinations and the ESE. In order to give sufficient time to the aspirants of ESE-2025 to prepare for the examination, the Commission has decided to postpone the ESE (Preliminary) and ESE (Main) Exam, 2025, said the statement issued by the Union Public Service Commission (UPSC). "The ESE (Preliminary) 2025 and ESE (Main) 2025 will now be held on 8th June 2025 and 10th August 2025, respectively," it added. As per the UPSC's annual programme of examination, 2025, the notification for the ESE-2025 was issued on September 18, 2024, with the last date of receipt of applications being October 8, 2024. The
As per a statement, Ahuja, who will be based in Los Angeles, will report to Sony Group Corporation Chairman and CEO Kenichiro Yoshida and Sony Group Corporation President, COO and CFO Hiroki Totoki
Sector GVA also rose 7.3% Y-o-Y to Rs 21.97 trillion
The Congress on Monday dismissed as "half-truths" the government's assertions of creating eight crore employment opportunities between 2021 and 2024 and 6.2 crore net subscribers joining the EPFO database, and said no "spin-doctoring" can take away from the fact that 2014-24 has seen "jobloss growth". Congress general secretary in-charge communications Jairam Ramesh said that amidst the "U-turns and scandals" that have marked the last few months of this "tottering" government, "the non-biological PM and his drum beaters have tried to find some solace in their economic record, claiming to have created eight crore employment opportunities between 2021 and 2024". "This claim initially emerged from the RBI KLEMS data, which we had earlier countered on July 15th, 2024. The Government's spin doctors have now mustered another statistic - that of 6.2 crore net subscribers joining the Employees' Provident Fund Organisation (EPFO) database between September 2017 and March 2024. Both claims are
UST, a digital transformation solutions company, on Monday outlined plans to expand its footprint in India by adding 3,000 new jobs at its upcoming Kochi campus over next five years. The California, US-headquartered company is gearing up to inaugurate its own campus in Kochi, Kerala, by December 2027, according to a release. UST, which already has a facility operating out of Infopark Kochi, caters to the US, UK and Asia Pacific clients across domains such as healthcare, retail, telecom, financial services/asset management, and hi-tech. The company, which has a target of having 6,000 employees in the next five years (in Kochi), currently employs more than 2,800 people in its existing facility at Infopark Kochi. The new UST campus will be completed in three years, and will be a 10-floor building with 4,400 seats, spread over 6,00,000 square feet. "When the Kochi campus goes on stream, it will become the second owned campus in India for UST after Thiruvananthapuram," it said. UST CE
PLFS data for the period suggests share of self-employed, wage-jobbers up
CBI gets approval from Ministry of Home Affairs for prosecution sanction for Lalu Prasad Yadav in land-for-jobs case; Delhi court summons Tejashwi Yadav
Small and medium enterprises have generated over 35 million job applications in the first eight months of this year fuelled by rising demand in key sectors such as BFSI, BPO, and hospitality, says a report. This rise reflects growing demand for key roles such as Sales & Marketing Managers, Accounting Technicians, Telecallers, Back Office Executives, and Business Development Associates, according to jobs and professional networking platform apna.co. "SMBs and MSMEs employ more than 110 million people and their success is crucial for our nation's journey towards the USD 5 trillion economy goal. As the backbone of our economy, these sectors are set to witness significant growth, with workforce demand expected to rise in tandem," Nirmit Parikh, Founder & CEO, apna.co said. Notably, over 55 per cent of total job applications for SMB roles came from tier-2 and tier-3 cities like Jaipur, Indore, Ahmedabad, Lucknow, Kochi, and Bhubaneswar, apna.co said. As businesses expand in these ..
Brainard, the former Fed vice chair who now serves as the director of the White House National Economic Council, said the Biden administration's focus now is to support growth and the labour market
Tata said in January that up to 2,800 jobs were at risk from closure of its two blast furnaces at Port Talbot, with about 2,500 job losses likely next year after 2023 govt-backed plan to shut them
New framework likely to keep a short-term target of 3 to 5 years
Sourcing and developing talent in next-gen technologies remains a significant hurdle, with 72 per cent of organisations finding it difficult to recruit skilled experts
Amit Shah also promised that if elected, the Bharatiya Janata Party will fully rehabilitate Kashmiri pandits
As festival season is about to begin, seasonal hiring is projected to surge by 20 per cent over last year, with the e-commerce industry leading the trend amid increased demand, according to the data by job site Indeed. The top gig roles that have been witnessing increased hiring are delivery executives, warehouse workers, logistics coordinators, in-store sales executives, and customer care executives, the data showed. Several industries are reporting a marked increase in demand for seasonal workers, with e-commerce leading the trend with a 35 per cent rise in demand, followed by logistics (15 per cent), retail (14 per cent), and quick commerce (11 per cent). "The festive season is a crucial period for businesses across India, and we're seeing a significant uptick in hiring for seasonal roles as companies prepare to meet heightened consumer demand. "The industries that are growing -- e-commerce, logistics, quick commerce -- are doing so because they're aligned with the needs and ...
Automation, AI, and digitisation are not limited to a particular sector and while jobs have evolved, skillsets haven't
The CISF has issued a notification to announce a recruitment drive for 1,130 Constable Fireman positions. Candidates can apply for the post from August 30 to September 30, 2024