Indian Auto Sector Set for 70% Workforce Expansion in H2 FY25

03 Feb 2025 CW Team

The Indian automotive sector, contributing around 7% to the country’s GDP, is expected to see a 70% workforce expansion in the second half of FY25, according to a report by TeamLease Services. The sector is witnessing an 8.5% net employment change, driven by rising demand for electric vehicles (EVs), premium models, and high-tech connected automobiles.

With companies ramping up EV production and integrating advanced technologies, there is a surge in demand for specialised roles, including robotics experts, software engineers, and supply chain managers. Chennai (63%), Mumbai (62%), and Delhi (61%) lead in workforce expansion for existing roles, while Gurgaon (19%) tops new job opportunities, followed by Mumbai, Indore, and Coimbatore at 15% each.

Employers are investing in skills like IoT, AI, and analytics while optimising resources to stay competitive. Engineering roles dominate hiring intent at 66%, followed by sales (60%) and information and communication technology (ICT) roles (56%). However, 82% of employers are extending working hours to meet seasonal demand rather than solely expanding their workforce, reflecting a strategy to balance productivity with cost efficiency in an evolving market.

(zeebiz)

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..