MANUFACTURING JOBS
Elon Musk's Tesla is on a hiring spree after mass firings The roles have steadily popped up on Tesla’s careers page in recent weeks, with positions spanning artificial intelligence specialists to more run-of-the-mill service jobs, according to a Bloomberg analysis.
16 Jul, 2024, 04.52 PM ISTHiring in manufacturing gets a boost amid rapid growth India’s manufacturing sector grew 40% between June 2022-2024. CNC jobs rose 160%, production supervisors 155%, machine operators 119%. Indeed attributes this to modernisation and specialised skills. Sashi Kumar cited communication skills (17% demand...
16 Jul, 2024, 01.10 PM ISTAppraisals pay hikes see a dip for senior personnel in manufacturing, but roles involving smart tech see positive trend The manufacturing sector experiences a slight drop in salary increases for 2024, with a focus on niche roles. Automation leads to higher pay for technical positions. Leadership roles require expertise in Industry 4.0 technologies and sustainability....
09 Jul, 2024, 03.46 PM IST
Want to make a mid-career switch to manufacturing? In-demand roles, skills, and more Fuelled by advanced technologies and automation, Indian manufacturing grows. Mid-career roles demand data analysis, Python, AI, leadership, supply chain, project management, and data science skills. Salaries vary; recommended upskilling includes UAV...
09 Jul, 2024, 11.18 AM ISTUP defence corridor attracts Rs 25,000 crore in deals through 154 MoUs, propels industrial growth Uttar Pradesh has signed more than 150 defence manufacturing deals worth ₹25,000 crore, focusing on boosting India's defence production and exports. The projects, part of the UP Defence Industrial Corridor, will create 40,000 jobs across six distric...
08 Jul, 2024, 04.10 PM ISTIndia will fail to plug jobs gap even with 7% growth, says Citi The quality of jobs being created in India is another challenge, the economists said. An analysis of the official data showed about 46% of the workforce is still employed in agriculture, even though the sector contributes less than 20% to gross dome...
06 Jul, 2024, 11.23 AM ISTWomen in India face a jobs crisis. Are factories the solution? As international brands limit their dependence on China by shifting some manufacturing to India, the trend holds the potential to generate significant numbers of manufacturing jobs - especially for women, who have largely been excluded from the rank...
03 Jul, 2024, 08.17 AM ISTArcelorMittal shelves plan to close S.African steel plant "The board and management have decided that the longs (steel) business will continue to operate to allow an opportunity for the short, medium and longer-term initiatives aimed at securing its sustainability, to be fully explored," ArcelorMittal Sout...
02 Jul, 2024, 03.25 PM ISTRecord upturn in job creation drives India's manufacturing PMI to 58.3 in June Activity in India's manufacturing sector rebounded last month with an increase in output driven by robust demand, leading to the fastest rate of hiring in over 19 years despite ongoing inflationary pressures, according to a survey.
01 Jul, 2024, 10.42 AM ISTHow to fix skilling the competition Legislation is needed to bring parity in working conditions among blue- and white-collar workers. Where this is not possible - for instance, in construction - wages must adjust to the harshness of outdoor work. Industry also has to commit more towar...
27 Jun, 2024, 10.48 PM ISTLeather, footwear exporters seek PLI scheme in Budget to boost jobs, manufacturing, shipments The Council for Leather Exports (CLE) urged the government to extend the Production-linked Incentive (PLI) scheme for the leather and footwear sector to boost job creation and manufacturing. At a pre-budget meeting, CLE Chairman Rajendra Kumar Jalan...
25 Jun, 2024, 04.19 PM ISTIndia business activity rises in June, job creation at 18-year high India's business activity expanded at a faster pace this month than in May, thanks to gains in manufacturing and services. The pace of job creation was at its strongest in over 18 years, marking a strong start to the country's economy this financial...
22 Jun, 2024, 12.54 AM ISTView: Manufacturing isn’t about jobs but key to balancing trade deficits, securing geopolitical security In a famous barnstorming speech, then-US senator Richard Nixon, battling charges of embezzlement of election funds, made an emotional appeal to voters by invoking his modest background and declaring his intention to retain his dog Checkers. This spe...
16 Jun, 2024, 11.03 PM ISTIndia's electronic manufacturing likely to double in the next five years: Govt sources India's electronic manufacturing is likely to double in the next five years, according to sources in the Ministry of Electronics and Information Technology. The country's electronic manufacturing is likely to reach around USD 250 billion in the next...
15 Jun, 2024, 06.01 PM ISTInformal manufacturing and services gained during FY23, trade share declined: Govt data The gross value added of unincorporated manufacturing companies increased by 19.14% to ₹3.6 lakh crore in 2022-23 (October-September) compared with ₹2.77 lakh crore in 2021-22 (April-March), data released by the Ministry of Statistics and Programme ...
14 Jun, 2024, 11.59 PM ISTBoeing CEO Dave Calhoun to testify before US Senate panel on June 18 Outgoing Boeing CEO Dave Calhoun will testify before a U.S. Senate panel on June 18 regarding safety and quality concerns, including the capped production of the 737 MAX.
06 Jun, 2024, 07.23 AM ISTWall Street stocks end slightly higher as weak jobs data supports rate cut U.S. stocks rose on Tuesday as labor market data hinted at a Fed rate cut. Axos Financial dropped after Hindenburg Research shorted the stock.
05 Jun, 2024, 07.35 AM ISTManufacturing activity eases to a three-month low of 57.5 in May The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index remained four points higher than the long-run average, with exports helping drive momentum.
03 Jun, 2024, 01.21 PM ISTBiden's China tariffs are the end of an era for cheap Chinese goods Biden's decision this past week to codify and escalate tariffs imposed by Trump made clear that the United States has closed out a decades-long era that embraced trade with China and prized the gains of lower-cost products over the loss of geographi...
18 May, 2024, 01.53 PM ISTBiden sharply hikes US tariffs on Chinese chips, cars & other items worth billions President Joe Biden announced a significant increase in tariffs on various Chinese imports, including electric vehicles and medical products, to address what the White House deems unfair trade practices. The move aims to bolster U.S. economic securi...
15 May, 2024, 03.08 PM IST