Articles for tag: Adding, FY23, Growth, Indias, Jobs, Manufacturing, Million, PostPandemic, Recovery, Robust, Sector, Showing, Surged

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India’s manufacturing sector surged in FY23, adding 1.3 million jobs and showing robust growth amid post-pandemic recovery.

India’s manufacturing sector surged in FY23, adding 1.3 million jobs and showing robust growth amid post-pandemic recovery.

India’s manufacturing sector experienced significant job growth in FY23, adding 1.3 million new positions, up from 1.1 million in FY22. Data from the National Statistical Organisation shows a 7.4% rise in employment, reaching 18.5 million workers. This positive trend correlated with a 7.3% increase in the sector’s gross value added, totaling Rs 21.97 trillion. Key ...

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Cognizant reveals plans for a major tech hub in GIFT City, promising 2,000 jobs and boosting India’s financial technology landscape.

Cognizant reveals plans for a major tech hub in GIFT City, promising 2,000 jobs and boosting India’s financial technology landscape.

Cognizant, a leading global technology firm, is set to open a new techfin centre in Gujarat International Finance Tec-City (GIFT City) in February 2025. This strategic hub will initially support 500 associates, with plans to increase its workforce to 2,000 within three years. The centre will focus on delivering advanced technology solutions for clients in ...

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Shah’s Waqf Bill Sparks Showdown: Transparency or Tactic? Opposition Roars as Jobs Promise Echoes in Haryana!

Amit Shah, India’s Home Minister, announced that the Waqf Amendment Bill, 2024, is set for passage in the upcoming winter session of Parliament, amidst strong opposition claims that it threatens religious rights of minorities and interferes with existing waqf boards. The government argues the bill aims to enhance transparency and reduce arbitrary powers of waqf ...

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Pakistan faces drastic reforms, eliminating 150,000 jobs and closing ministries in a desperate bid to stabilize its economy.

Pakistan faces drastic reforms, eliminating 150,000 jobs and closing ministries in a desperate bid to stabilize its economy.

In a move to reduce government spending, Pakistan announced plans to eliminate around 150,000 government jobs and to close or merge several ministries as part of reforms linked to a USD 7 billion loan from the International Monetary Fund (IMF). This decision follows the IMF’s approval of a financial assistance package after Pakistan agreed to ...

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Tata Motors unveils Rs 9,000 crore manufacturing facility in Tamil Nadu, promising 5,000 jobs and a sustainable future in automotive innovation.

Tata Motors unveils Rs 9,000 crore manufacturing facility in Tamil Nadu, promising 5,000 jobs and a sustainable future in automotive innovation.

Tata Motors Group has officially launched a new manufacturing facility in Panapakkam, Tamil Nadu, with an investment of Rs 9,000 crore. This state-of-the-art plant will focus on producing next-generation cars and SUVs for both the Indian and international markets. The facility, designed to have an annual capacity of over 250,000 vehicles, aims to create more ...

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Tata Group’s ambitious expansion in Tamil Nadu creates 20,000 new jobs, revolutionizing local industry with state-of-the-art factories.

Tata Group’s ambitious expansion in Tamil Nadu creates 20,000 new jobs, revolutionizing local industry with state-of-the-art factories.

Tata Group is expanding its presence in Tamil Nadu by investing in major manufacturing units, including a new iPhone assembly plant in Hosur. Chairman N Chandrasekaran announced plans to hire over 20,000 people, doubling the workforce to 40,000 at this facility. In the past three years, Tata has invested significantly in electronics and automotive sectors, ...

Market News

Tata Motors unveils Rs 9,000 crore manufacturing facility in Tamil Nadu, promising 5,000 jobs and a sustainable future in automotive innovation.

Tata Motors unveils a ₹9,000 crore manufacturing facility in Tamil Nadu, promising 5,000 jobs and boosting local economy.

Tata Motors has officially commenced the construction of a new manufacturing facility in Tamil Nadu with an investment of ₹9,000 crore. This significant project, marked by a foundation stone-laying ceremony attended by Chief Minister M K Stalin and Tata Sons Chairman N Chandrasekaran, is located in Panapakkam, approximately 115 km from Chennai. The facility is ...

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Amit Shah Promises Jobs for Patriots, Jails for ‘Gun-Holders’: Is Kashmir Truly Secure or Just a Political Illusion?

Union Home Minister Amit Shah emphasized the BJP government’s commitment to eradicating terrorism in Jammu and Kashmir, vowing never to allow Article 370 to return. While campaigning for assembly elections, he criticized opposition parties like NC, PDP, and Congress for allegedly fostering terrorism in the region. Shah urged voters to reject the political dynasties of ...

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Yogi Adityanath Unveils New Jobs: A Swift Fix for Bureaucracy or Just a Tech-Savvy Mirage?

Uttar Pradesh Chief Minister Yogi Adityanath has unveiled new job opportunities in the Revenue Department, including positions like Accountant, Revenue Inspector, and Naib Tehsildar, along with urgent recruitment for clerical roles. In a recent meeting, he emphasized the importance of promoting existing employees and deploying technology to enhance efficiency within the department. Proposed improvements include ...

Market News

Samsung plans to cut up to 1,000 jobs in India and reduce global workforce by 30% amid economic pressures.

Samsung plans to cut up to 1,000 jobs in India and reduce global workforce by 30% amid economic pressures.

Samsung Electronics, the leading global manufacturer of smartphones and memory chips, is set to lay off up to 30 percent of its overseas staff, potentially affecting around 1,000 employees in India. The company plans to reduce its sales and Marketing workforce by 15 percent and administrative staff by 30 percent across various regions, including the ...

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