Tata Group to generate 5L jobs by 2030: N Chandrasekaran
Tata Sons Chairman N Chandrasekaran has announced that the Tata Group intends to create 500,000 jobs, in the next five to six years. The ambitious employment drive comes on the back of the conglomerate's massive investments in semiconductors, electric vehicles (EVs), batteries, and related industries. Chandrasekaran made the announcement while addressing the Indian Foundation of Quality Management (IFQM) Symposium in Delhi today.
Chandrasekaran emphasizes need for quality in manufacturing
During his speech at the IFQM Symposium, Chandrasekaran emphasized the need to create a process for ensuring quality in product manufacturing, people, ecosystem, and processes. He noted that one million people are joining the workforce every month, and emphasized India's potential to become the world's human resource capital due to its large youth population. "We need to create 100 million jobs," he said.
'Viksit Bharat' vision extends beyond economic rise
Further elaborating on his vision for a 'Viksit Bharat,' Chandrasekaran emphasized that it is much more than just economic growth. "The opportunity in front of India is huge and 'Viksit Bharat' is not about good economic growth but also about achieving social equality, health span for citizens and quality of life for all citizens," he said. He called on India to be a global benchmark in quality and services.
Tata Sons Chairman advocates for job growth
Chandrasekaran also stressed the link between economic and job growth, saying to achieve economic growth, the economy needs to achieve job growth. He said he believes this is India's moment for various reasons including momentum, rising per capita levels, and growing demand for products and services. "We will be a significant player in the manufacturing requirements of the world," Chandrasekaran asserted.
Vaishnaw highlights importance of inclusive growth
Also present at the IFQM Symposium was Minister of Electronics and Information Technology Ashwini Vaishnaw. He stressed that inclusive growth is a major pillar, and the number of IITs, AIIMS, and universities has doubled in the last decade. Vaishnaw also stressed the need to build a base for manufacturing as both India and the world need it to generate employment. "India has become a big exporter of mobile phones, telecom equipment etc from being a negligible player," he pointed out.
