Stay updated with breaking news from Pradeep Chavda. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Indian job market is witnessing an unprecedented dichotomy where a severe shortage of skilled and semi-skilled workers is leading to project delays and stalling of work for corporates even as marquee B-schools and engineering colleges struggle to place their fresh graduates.
About 350,000 jobs are likely to be created in the facility management industry in 2024, an increase of 15-20% over 2023, according to estimates by large service providers.
Apart from a boom in standalone restaurants, there's a surge in marriages, parties, ceremonies, outdoor catering and corporate events as well as a proliferation of cloud kitchens. All that has led to a spike in demand for restaurant and catering chefs, said industry executives and restaurateurs.
An estimated 60,000-70,000 armed forces personnel retire or are released from active service every year, with a majority of them being in their early 40s. Tapping the pool of veterans not only adds to the diversity of the workforce but also helps meet shortage of skills in certain areas, company executives said.
An estimated 60,000-70,000 armed forces personnel retire or are released from active service every year, with a majority of them being in their early 40s. Tapping the pool of veterans not only adds to the diversity of the workforce but also helps meet shortage of skills in certain areas, company executives said.