How are workforce trends redefining India's business ecosystem by 2025?
1 day, 11 hours ago

How are workforce trends redefining India's business ecosystem by 2025?

India Today  

India is undergoing a profound transformation, leveraging its geopolitical stability and robust economic momentum to solidify its position as a global business hub. According to Nilay Khandelwal, Senior Managing Director at Michael Page India, India’s evolving business landscape is redefining workforce dynamics. CONTRACTUAL HIRING One of the most significant trends transforming India's labour market is the growing adoption of contractual hiring. SECTORAL TRENDS DRIVING TALENT DEMAND India's labour market is grappling with a dual challenge: 34 percent of organisations struggle to find the right talent, and nearly one in three face difficulty retaining employees. By staying ahead of these trends, Indian conglomerates and businesses can remain agile, fostering innovation while evolving workforce strategies to meet global demands.

Business Global Growth Market Trends Indian Workforce Sectors Conglomerates Contractual Hiring Indian Conglomerates Workforce Strategies  2025  indias  redefining  conglomerates  indian  market  business  sectors  growth  workforce  ecosystem  global  trends

History of this topic

Bridging the skills gap: How 2024 shaped India's job tech revolution
3 days, 11 hours ago

Bridging the skills gap: How 2024 shaped India's job tech revolution

India Today  

The year 2024 has been a pivotal chapter in India's efforts to combat unemployment. With rapid technological advancements and shifting workforce demands, the job tech ecosystem has emerged as a critical enabler in bridging the employability gap and redefining the employment landscape. Prateek Shukla, Founder and CEO of Masai School, reflects on the lessons of 2024 and their implications for …

Act now to create a resilient, adaptable and skilled workforce for the future
1 week, 1 day ago

Act now to create a resilient, adaptable and skilled workforce for the future

Live Mint  

The stark reality of India’s evolving job market is captured in a single striking statistic: While 83 million jobs globally face extinction in the next five years, 69 million new roles will emerge in their place. The FICCI-EY Future of Jobs 3.0 Report 2024 dives deep into this transformation across five critical sectors: Manufacturing, FMCGs, healthcare, energy and infrastructure, revealing …

2024 yearender: A year marred by great economic uncertainties
1 week, 2 days ago

2024 yearender: A year marred by great economic uncertainties

Hindustan Times  

Donald Trump will take charge as the US President for the second time on January 20, 2025. In a move that could have far-reaching consequences for the world economy, Trump has promised imposition of large-scale tariffs as a bargaining tool to buttress US’s economic dominance and well-being vis-à-vis other countries. Should Trump enter into an open conflict with the US …

Igniting entrepreneurship for India’s growth
2 weeks, 3 days ago

Igniting entrepreneurship for India’s growth

Hindustan Times  

India is on the brink of a transformative era. As a powerful job multiplier, entrepreneurship is critical for meeting India’s need for one crore new jobs annually, addressing the brain drain, and leveraging India’s demographic dividend for sustainable growth. Additionally, India’s six crore micro, small, and medium enterprises hold vast potential—if just 10% of them added 1-2 jobs annually, they …

India job outlook 2025: How IT, energy, infra, logistics will drive hiring
3 weeks, 4 days ago

India job outlook 2025: How IT, energy, infra, logistics will drive hiring

India Today  

Employers in India are more optimistic about increased hiring next year compared to their global counterparts. According to the latest ManpowerGroup Employment Outlook report, which surveyed 3,000 employers, 53 per cent plan to hire while 13 per cent anticipate a reduction in staffing levels during Q1 2025. Sonal Arora, country manager of GI Group Holding, stated: “Overall, 2024 was a …

Why is India emerging as global hub for fresh talent in hiring trends?
3 weeks, 4 days ago

Why is India emerging as global hub for fresh talent in hiring trends?

India Today  

India is home to the world's largest youth population, with 66 percent, i.e., 808 million+ people, under the age of 35. In this article, we explore fresher hiring and future trends, offering insights into why India is becoming the go-to market for fresh talent, as shared by Ankit Aggarwal, Founder and CEO of Unstop. This shift towards skill-oriented hiring is …

India will emerge global powerhouse for skilled talent by 2030
4 weeks, 1 day ago

India will emerge global powerhouse for skilled talent by 2030

Deccan Chronicle  

New Delhi: Wheebox ETS India Skills Report 2025, in collaboration with CII, Taggd, AICTE, and AIU, unveils a strategic vision for "Global Talent Mobility" underscores India’s pivotal role in addressing global workforce demand, skills required fueled by rising employability, an optimistic hiring intent, and a roadmap for 2030. With 65% of the Indian workforce under 35 years old, India’s youthful …

Indian economy set for resilient growth in 2025; urban consumption, infra investment to be key: S&P
4 weeks, 2 days ago

Indian economy set for resilient growth in 2025; urban consumption, infra investment to be key: S&P

Firstpost  

In its India outlook for 2025, S&P also retained India’s growth forecast for current fiscal at 6.8 per cent, followed by 6.9 per cent growth in 2025-26 S&P Global Ratings on Tuesday said the Indian economy is set for “resilient growth” in 2025 and projected inflation pressure to recede which will lead to “modest” easing of the monetary policy by …

Morgan Stanley sees Sensex at 93,000 by 2025 end, remains bullish on India’s long-term growth
1 month ago

Morgan Stanley sees Sensex at 93,000 by 2025 end, remains bullish on India’s long-term growth

Live Mint  

As the calendar turns to 2025, India's equity market continues to maintain a positive trajectory, buoyed by strong fundamentals and a degree of insulation from global economic turbulence. Despite a 6 per cent correction in Indian benchmarks the Sensex and Nifty from recent highs, triggered by substantial foreign institutional investor sell-offs in October, Morgan Stanley remains optimistic about the country’s …

India on track to increase its workforce to 457.62 million by 2028, says a new report by American software company
1 month, 3 weeks ago

India on track to increase its workforce to 457.62 million by 2028, says a new report by American software company

Hindustan Times  

India is on track to increase its workforce from 423.73 million in 2023 to 457.62 million by 2028, reflecting a net gain of 33.89 million workers, a report said on Wednesday. According to a report by American software company ServiceNow, emerging technology will transform talent across India's key growth sectors, generating 2.73 million new tech jobs by 2028. "AI will …

AI-Powered Revolution: 10% of 2024 Hires Hold Jobs That Didn't Exist 20 Years Ago
2 months, 1 week ago

AI-Powered Revolution: 10% of 2024 Hires Hold Jobs That Didn't Exist 20 Years Ago

ABP News  

A recent LinkedIn Work Change Snapshot reveals that 10% of jobs filled globally in 2024 feature titles that were non-existent in 2000. This shift is driven by technological advancements like AI and a focus on sustainability. With Generative AI leading the charge, 70% of global business leaders have identified AI adoption as a top priority for 2025. HR professionals in …

India's Economic Potential Soars as Global Landscape Shifts
Trending News
2 months, 2 weeks ago

India's Economic Potential Soars as Global Landscape Shifts

The Hindu  

India is well positioned to capitalize on new growth opportunities due to its robust macroeconomic fundamentals and strategic shift towards strategic economic partnerships. The country's focus on domestic capacity building and resilience against external shocks will be key to its success. Ms. Sitharaman emphasized India's potential to become a key partner for many countries seeking to diversify their sources of …

India poised to capitalize on new growth opportunities as global economic landscape shifts
2 months, 2 weeks ago

India poised to capitalize on new growth opportunities as global economic landscape shifts

New Indian Express  

Finance Minister Nirmala Sitharaman highlights India's potential to capitalize on new growth opportunities amidst a challenging global economic environment. She emphasizes the country's focus on boosting domestic capacities and building resilience against external shocks. The shift towards a more fragmented global economy could work to India's advantage, as the country seeks to become a key partner for many countries seeking …

Upskilling India's Workforce: A Roadmap for the Future Economy
2 months, 4 weeks ago

Upskilling India's Workforce: A Roadmap for the Future Economy

Hindustan Times  

The article highlights the need for India to invest in skill development and upskilling its workforce to address the challenges of a rapidly changing job market. The government's recent policy aims to enhance skill development for its youth through various initiatives, including the Skill India Mission and the launch of a new scheme focused on collaborative efforts between state and …

How GCCs are redefining innovation
3 months, 2 weeks ago

How GCCs are redefining innovation

Hindustan Times  

India's economic rise in recent decades can be attributed in part to a powerful force: Global Capability Centres. By establishing centres in tier-2 and tier-3 cities like Ahmedabad, Mysuru, Vadodara, Nashik, Tirunelveli, Bhubaneswar, and Coimbatore, GCCs are fostering balanced development across India. With projections indicating a potential revenue of $80 billion and an employee base exceeding 2 million professionals by …

How GCCs are redefining innovation
3 months, 2 weeks ago

How GCCs are redefining innovation

Hindustan Times  

India's economic rise in recent decades can be attributed in part to a powerful force: Global Capability Centres. Technology {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} India's vast pool of skilled professionals, estimated at over 5.4 million in the IT industry alone, initially made it a magnet for GCCs. With projections indicating a potential revenue of $80 billion and an employee base exceeding …

Bridging the Gap: How India Can Unlock the Potential of its Service Sector - News18
7 months, 1 week ago

Bridging the Gap: How India Can Unlock the Potential of its Service Sector - News18

News 18  

The service sector has undeniably been the primary driver of India’s growth since the year 2000. Skill Gap In India, the skill gap in the labour force is a significant challenge, with only 51 per cent of the youth deemed employable due to a lack of necessary skills. Efforts to bridge this gap must include public-private partnerships, such as the …

The services story: On India’s success
8 months, 1 week ago

The services story: On India’s success

The Hindu  

A deep-dive research report from global investment banking major Goldman Sachs, evocatively titled ‘India’s rise as the emerging services factory of the world’, has captured India’s recent success in providing global services and sought to forecast growth prospects and risks in the medium term. The firm takes a broader view of India’s services exports over the last 18 years, including …

Budget 2024: Can India become a $7 trillion economy by 2030?
11 months, 1 week ago

Budget 2024: Can India become a $7 trillion economy by 2030?

India Today  

A recent review report released by the government has estimated India's potential economic trajectory, aiming to hit the $7 trillion mark by 2030, ahead of the upcoming Interim Budget 2024-25. "India's unwavering commitment to ensuring steady economic growth is generating resources for investment needed for climate change adaptation, building resilience, and mitigating emissions,' the Finance Ministry report said. The report …

India Inc Confident Of Achieving $5 Trillion Economy: Deloitte Pre-Budget Survey
11 months, 2 weeks ago

India Inc Confident Of Achieving $5 Trillion Economy: Deloitte Pre-Budget Survey

ABP News  

India Inc is confident of achieving $5 trillion economy with the central government's support in infrastructure investments, additional reforms, and enhanced technology adoption, according to a CXO survey by Deloitte Touche Tohmatsu India LLP. Stating that business leaders anticipate strong economic growth for the next fiscal year, Deloitte in a statement said about 50 per cent of India Inc reflects …

From AI surge to Gen Z alignment: 4 key workplace trends of 2024
1 year ago

From AI surge to Gen Z alignment: 4 key workplace trends of 2024

India Today  

As we approach 2024, the landscape of the workplace is poised for significant transformations. AI DOMINATES THE HIRING SCENE In the upcoming year, Artificial Intelligence will take centre stage in the workplace, with 59% of employees expressing high confidence in their ability to adapt and utilise AI tools. With 38% of Gen Z employees expressing a preference for flexible work …

How India’s G20 Presidency Can Galvanise The Manufacturing Sector - News18
1 year, 3 months ago

How India’s G20 Presidency Can Galvanise The Manufacturing Sector - News18

News 18  

India’s G20 Presidency presents an opportunity to strengthen the country’s collaboration and economy. With Indo-US deals taking centre stage and other global corporations following suit, India’s manufacturing sector has the potential to reach $1 trillion by 2030, making it the fourth-largest in the world. To achieve India’s national target of increasing manufacturing contribution to 25 per cent of GDP by …

Indian economic prospects may require a more realistic analysis
1 year, 4 months ago

Indian economic prospects may require a more realistic analysis

Live Mint  

The chaos and cacophony of bazaars have a life-affirming quality. Walking through a Delhi bazaar last week, chatting with friendly shopkeepers and roadside merchants and revelling in the warm glow of traditional India, it was impossible not to feel optimistic about the country’s prospects. Recall that, in 2020-21, India’s economy, still recovering from an unwarranted demonetization, contracted by 7% as …

India is making its mark in the world
1 year, 7 months ago

India is making its mark in the world

Hindustan Times  

India is in a rare moment of equilibrium. India’s economy is no longer at the receiving end of the global order but is in the fray of the world’s most powerful future economies, with an unmatched growth rate. The International Monetary Fund says India and China will account for 50% of the total world gross domestic product growth in 2023, …

New challenges in the Indian IT industry are changing the employer-employee dynamic
1 year, 7 months ago

New challenges in the Indian IT industry are changing the employer-employee dynamic

Hindustan Times  

Indian IT has been a poster child for India not just because of its size and scale but, more important, for its continuous innovation in response to changing market dynamics. First, fast growth in machine learning and Artificial Intelligence is making many old low-tech jobs redundant and creating massive demand at the very top end, which the industry cannot meet …

India's rise unstoppable, to become 3rd largest economy by turn of decade: Dhankhar
1 year, 10 months ago

India's rise unstoppable, to become 3rd largest economy by turn of decade: Dhankhar

The Hindu  

Vice President Jagdeep Dhankhar on Friday said India is a rising star in the global economy primarily due to agriculture and agri-based industry, and stressed that the country's rise is "unstoppable". Addressing the 61st convocation of Indian Agricultural Research Institute, Mr. Dhankhar said: "In September 2022, India became the 5th largest economy in the world. "By the end of the …

India remains a ‘bright spot’, to contribute 15% of global growth in 2023: IMF MD
1 year, 10 months ago

India remains a ‘bright spot’, to contribute 15% of global growth in 2023: IMF MD

The Hindu  

India continues to remain a relative "bright spot" in the world economy, and will alone contribute 15% of the global growth in 2023, International Monetary Fund Managing Director Kristalina Georgieva said. And in that way, India is providing about 15% of global growth in 2023," Ms. Georgieva told PTI in an interview. India remains a bright spot at a time …

Indian manufacturing sector and the great transformation under Narendra Modi
2 years ago

Indian manufacturing sector and the great transformation under Narendra Modi

Firstpost  

With the vision of transforming India into a manufacturing hub, our government under the leadership of Prime Minister Narendra Modi took concrete steps towards improving various business parameters In 2014, when Prime Minister Narendra Modi took the reins of our nation, India had been tagged as one of the so-called “Fragile Five” nations alongside Indonesia, Brazil, Turkey, and South Africa, …

Indian Economy Resilient But Sensitive To Global Headwinds, On Way To Post 7% Growth In FY23: RBI
2 years, 1 month ago

Indian Economy Resilient But Sensitive To Global Headwinds, On Way To Post 7% Growth In FY23: RBI

News 18  

India’s Q2 GDP Growth Forecast: The Reserve Bank of India on Friday said the Indian economy is resilient but also “sensitive to formidable global headwinds”. The central bank pegs the country’s GDP for the July-September 2022 quarter between 6.1 per cent and 6.3 per cent based on economic prediction models and high-frequency indicators, like IIP, PMI, core sector data and …

India's Economic Resilience Despite A Global Crisis Makes the World Take Lessons
2 years, 2 months ago

India's Economic Resilience Despite A Global Crisis Makes the World Take Lessons

News 18  

India is a unique country. IMF’s managing director Kristalina Georgieva went a step ahead and said India deserves to be called a bright spot in an otherwise dark horizon because it has been a fast-growing economy, even during difficult times. In its annual ‘World Economic Outlook’ report, the International Monetary Fund said outlook for India is growth of 6.8 per …

How entrepreneurs are transforming India’s narrative
2 years, 4 months ago

How entrepreneurs are transforming India’s narrative

Firstpost  

The narrative the world sees today is that a nation, plundered ad nauseam in the past, has scripted its own revival Mukesh Ambani, Gautam Adani, and NR Narayan Murthy are but a few names that are part of regular global business conversations. Serving local markets did not need scalability or manufacturing operations and yet scalability was provided through integrating various …

India Inc could play a lead role in our economy’s global emergence
2 years, 5 months ago

India Inc could play a lead role in our economy’s global emergence

Live Mint  

As India celebrates its 75th year of Independence with the Azadi ka Amrit Mahotsav, we stand at the cusp of a new emerging world order. As former PM Manmohan Singh had commented, “The brightest jewel in the British crown was the poorest country in the world in terms of per capita income at the beginning of the 20th century.” Post-independence, …

Explained: Why India's economy needs a manufacturing push
3 years, 4 months ago

Explained: Why India's economy needs a manufacturing push

India Today  

India’s economy needs a strong manufacturing push as the nation’s dominant services sector struggles to return to normalcy after two deadly waves of the Covid-19 pandemic. Read | Covid-19: India’s services activity in May contracts for 1st time in 8 months SLOW PROGRESS IN MANUFACTURING Even before the pandemic brought the economy to a standstill in 2020, growth in India’s …

2020 could be for manufacturing what 1991 was for our economy
4 years, 2 months ago

2020 could be for manufacturing what 1991 was for our economy

Live Mint  

India, once a predominantly agrarian economy, has come to be acknowledged globally as a software/ information technology giant. While there have been state interventions aimed at industrialization, ranging from the “temples of modern India” to special economic zones, an Indian manufacturing revolution never really took off in earnest. His government launched an ambitious “Make in India” programme in September 2014 …

India needs to create 90 million jobs by 2030 to avoid economic stagnation
4 years, 4 months ago

India needs to create 90 million jobs by 2030 to avoid economic stagnation

Deccan Chronicle  

Chennai: India’s GDP would have to grow by 8 to 8.5 per cent annually and the country would have to create jobs for 90 million workers by 2030. Over the decade to 2030, 60 million new workers are likely to enter the workforce as per current demographic trends, and an additional 30 million workers could move from farm work to …

Our capabilities have grown significantly: Foreign Minister S Jaishankar
4 years, 10 months ago

Our capabilities have grown significantly: Foreign Minister S Jaishankar

Business Standard  

Our capabilities have grown significantly: Foreign Minister S Jaishankar The world has a growing interest in India becoming an additional engine of growth. It is also amenable to harnessing the reservoir of talent that India could provide with the passage of time. Premium The very nature of politics has changed in different societies and the disapproval of those who lost …

India has an opportunity to benefit from global economic situation, says president of US-India Business Council
5 years, 4 months ago

India has an opportunity to benefit from global economic situation, says president of US-India Business Council

Firstpost  

Citing media reports of challenges facing the Indian as well as the global economy, US-India Business Council president Nisha Desai Biswal said the same challenges could be seen as opportunities. Washington: President of US-India Business Council Nisha Desai Biswal has said India should present its growth vision and why businesses should look to invest in the country at a time …

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