1 of 6 8/22/2018, 12:16 PM

Transcription

1 1 of 6 8/22/2018, 12:16 PM SENSEX NIFTY US$ GOLD Type Stock Name % % % Mutual Funds Lookup Type Commodity There are already clear signs of green shoots sprouting in pockets of local manufacturing in sectors as diverse as steel, auto, chemicals and energy. LATEST MUST READ TECH NEWS Photo: Reuters WE RECOMMEND India's manufacturing sector activity owns about a 16 per cent Read More

2 2 of 6 8/22/2018, 12:16 PM MORE FROM THE AUTHOR , a record that might be bettered this year. So clearly the long-ailing sector is headed for a revival. 2 0 According to The Economic Times, there are already clear signs of green shoots sprouting in pockets of local manufacturing in Tweet sectors as diverse as steel, auto, chemicals and energy. "Output creation in manufacturing is in a revival phase. However, it is more of sector-specific growth," Madan Sabnavis, chief economist, Care Ratings told the daily. So what's happening on the jobs front? According to the daily, global aerospace giant Boeing recently announced plans to hire Previous Story gineers to drive di Next Story engineering and technology centre in Bengaluru. Then there's Siemens, the German engineering major, which plans to hire 4,000 people over the next two years, primarily to strengthen its research & development (R&D) centre and propel its digitisation drive in India. Sponsored Links by Taboola The Indian conglomerates are likewise beefing up their rosters. "After four years, there's a spurt in manufacturing, led by better-than-expected private investment recovery," Siddharth Jain, director, Inox Group, which supplies industrial gases to plants, told the daily. "Our products are a great proxy for manufacturing trends and we see same-client order volumes rise." Watch Superman's selfess act in Justice League at 129/month Amazon Prime Video Salary above 25000? Apply for Credit Card Now. 55+ Options to Choose From. A Bankbazaar Gamers in Ahmedabad: Play this Game for 1 Minute and see why everyone is addicted Delta Wars Consider Tata Steel, India's largest private-sector steel producer. It has reportedly already hired 100 fresh graduates over the past year as it looks to diversify its product portfolio, support expansion and acquisitions, and in the current year it plans to hire 700 white collar executives and about 500 blue Going Bald? This 10 Days Ayurvedic Hair Oil from Kerala can Help You! 10 Days Hair Oil Know Where You Stand With Credit Score & Analysis For Free. CreditMantri Help A Farmer s Son Battle Thyroid Cancer Before It s Too Late Impact Guru Promoted Links Watch the True Story of an Unsung Hero on Amazon Prime Video. Join 129/ Month Amazon Prime Video Hindalco Industries reports 43% jump in profits Top 5 Reasons to Buy Term Insurance Before You Turn 30 Coverfox.com Biggest reform in 30 years! Modi govt to soon unveil new industrial policy The Credit Cards Ahmedabad Wants Are Here - Apply Now Bankbazaar 7th Pay Commission: Central government employees looking at yet another hike in minimum basic pay In Ahmedabad and born before 1985? Then you will love this Game! Delta Wars Jio Gigafiber plans will be 50% cheaper than existing broadband rates: Report Start Meeting Singles In Ahmedabad Search Now Online Dating Sites Sponsored Links Why Singapore kids excel in Mathematics & Reading? flipclass.com Our Bathroom has superpowers. How about yours? American Standard 7th Pay Commission: Central government employees on 3-day dharna over delayed minimum pay hike by Taboola by Taboola Industrial output hits four-month high of 7% in June Employees Pension Scheme: Minimum monthly payments likely to be hiked to Rs 2,000 Salaries of central government employees to rise? Govt plans dearness allowance hike

3 3 of 6 8/22/2018, 12:16 PM growing product portfolio and sales. The manufacturing sector is not only hiring, but is actually leading the race. According to latest Monster Employment Index, production and manufacturing was the most actively hiring sector for the fourth consecutive month till July and hiring opportunities available saw a 16 per cent uptick compared to the beginning of the year. SBI hikes FD rates on deposits by 5-10 basis points; bulk deposits by basis points CAG red flags UPA era's $2.1 billion deal for Navy planes Significantly, the hiring is not across the board given the waning focus on the mechanical side of things. The demand now is for specialised skills, new technologies or specific projects as companies struggle to stay ahead of the curve in the face of the digital disruption. A recent PwC report, 'Industry Building The Digital Enterprise' revealed that about 39 per cent of the Indian companies surveyed planned to invest more than 8 per cent of their annual revenues in digital programmes over the next five years. And aggressively hiring Big blow for Airbus! Vistara set to order six airplanes from Boeing BHEL in talks to set up lithium-ion battery factory Significant decline in number of strikes since 2014 tech talent is clearly a part of the game plan. Sponsored Links by Taboola For the record, Industry 4.0 is all about the integration of advanced automation, cloud computing, sensors, 3D printing, computer powered processes, intelligent algorithms, and Internet of things (IoT). Most greenfield factories in India are adopting these technologies in some form. Indian Navy women officers who conquered sea get gallantry awards indiatoday.in Mumbai boys made to clean station after they attempt Kiki challenge on train indiatoday.in "Demand for specific skills and more professional talent has grown by 11 per cent.. and this includes specialised digital transformation and innovation heads for the manufacturing sector," Sakshi Kapahi, executive director, Omam, an HR Man sends friend to death from 4th floor of Bengaluru hotel after fight over girl indiatoday.in Jeff Bezos Just Became the Richest Person in Mod

4 4 of 6 8/22/2018, 12:16 PM pay cheques. The bottomline is that the government expects the manufacturing sector to create 100 million new jobs by 2022, propelled in part by the new industrial policy in the works What is your reaction? Powered by Vuukle currently. China's rising labour costs and its transition from 0% investment-led 0% growth 0% to consumption-led 0% growth 0% has also 0% presented a huge opportunity for India. Are Indians ready to take it up? happy unmoved amused excited angry sad Edited By Sushmita Choudhury Agarwal

5 5 of 6 8/22/2018, 12:16 PM The World's Best Recipe to Lose Weight! -28kg in 1 Month Doing Nothing! Doctors stunned! He Lost 23 Kg's In 4 Weeks with This Miracle Product! How This Simple Method Regrows Your Hair Naturally In Just (7) Days Read more Read more Read more 0 comments Recommend or I agree with Vuukle's Privacy Policy TALK OF THE TOWN Alibaba's Jack Ma may buy 50% stake in Mukesh Ambani's Reliance Retail to take on Flipkart, Amazon 3 comments 55% What's the net worth of Priyanka Chopra and Nick Jonas 1 comment 100% India's CAD to widen to 2.5 per cent of GDP in FY19: Moody's 1 comment 'Chinese-only colony' in Pakistan to house 5 lakh workers 1 comment 100% No ATM to be replenished with cash after 9 pm from next year 1 comment 85% Quit today! New pictorial warnings released for cigarettes and tobacco packs 1 comment 100% Show more articles Vuukle

6 6 of 6 8/22/2018, 12:16 PM SHARES 34 0% Copyright 2018 Living Media India Limited. For reprint rights: Syndications Today.