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India’s electronic ambitions ride on young female employees

Economic Times

Economic Times · 1y ago

India’s electronic ambitions ride on young female employees

The article discusses the increasing trend of women in the electronics manufacturing sector in India and the benefits it brings to companies. Women are being preferred for assembly line jobs due to their innate learning ability and perseverance. The article highlights the growth potential of the electronics manufacturing sector and the need to prioritize safety and comfort for women employees. Challenges include concentration in lower-skilled roles and societal hurdles. Experts also emphasize the need for upskilling, fair pay, and a safe work environment for women.

Related News

Paytm looking to hire 50,000 more salespeople to hit profit sooner

Economic Times

Economic Times · 1y ago

Paytm looking to hire 50,000 more salespeople to hit profit sooner

Paytm CEO Vijay Shekhar Sharma is banking on young investors to help the company turn a profit sooner. With ambitions to go public by 2021, the Indian fintech giant aims to attract millennials and Gen Z customers to its wealth management and investment platform, Paytm Money. Sharma believes that over time, these young investors will accumulate wealth and increase their investments, thereby boosting Paytm's profitability.

The rise of female employees in the corporate workspace

Inshorts · 1y ago

The rise of female employees in the corporate workspace

The recent surge in hiring female employees shows a positive shift in workplace dynamics. Companies recognise diverse perspectives enhance innovation and productivity. From cooperation to enhancing creativity, female employees bring valuable qualities. Their commitment, interpersonal skills, and competence create a positive work environment. A diverse workplace also helps build trust with clients.

How Citigroup's NY unit became a picture of harassment, discrimination & drugs

Livemint

Livemint · 1y ago

How Citigroup's NY unit became a picture of harassment, discrimination & drugs

Citigroup's equities division in New York has been accused of persistent harassment and discrimination against female employees. Interviews with current and former employees reveal a culture of open sexism, including rating female colleagues based on their looks and discussing sexual conquests. Complaints to senior executives and HR were allegedly ignored, leading some employees to leave. The allegations are similar to those made in a lawsuit filed last year by a managing director. Citigroup has stated that it does not tolerate discrimination or harassment and will take appropriate action if substantiated.

Lucy Guo, 30, Tops Forbes as Youngest Self-Made Billionaire With $1.3 Billion From Scale AI's $25 Billion Valuation

deepnewz

deepnewz · 2m ago

Lucy Guo, 30, Tops Forbes as Youngest Self-Made Billionaire With $1.3 Billion From Scale AI's $25 Billion Valuation

Lucy Guo, a college dropout turned successful entrepreneur, has become the youngest self-made female billionaire, surpassing Taylor Swift. She achieved this milestone through significant earnings in the field of Artificial Intelligence, marking a notable shift in the rankings of young billionaires globally.

Axiom-4 Mission: Creating our own space - The Economic Times

Economic Times

Economic Times · 2m ago

Axiom-4 Mission: Creating our own space - The Economic Times

Axiom Mission 4 involves Indian astronaut Shubhanshu Shukla, who will conduct over 60 microgravity experiments on the ISS, aiding India’s Gaganyaan program and future space efforts. These include biology studies and technological advancements crucial for long-term space sustainability. This mission supports India's strategic space ambitions, including establishing its own space station and moon missions by 2040. The mission marks a significant step in India’s integrated role in global space exploration.

Rapido to launch Pink bikes for women; employ 25,000 females

Economic Times

Economic Times · 6m ago

Rapido to launch Pink bikes for women; employ 25,000 females

Rapido, a Bengaluru-based ride-hailing service, plans to launch an all-women "Pink bikes" initiative in Karnataka by 2025, targeting 25,000 female jobs by deploying women drivers for female passengers. This initiative aims to create a safe, empowering environment for women in the workforce. According to Rapido's co-founder, Pavan Guntupalli, women without advanced skills can access these opportunities, with 35% of the workforce from smaller towns. This strategic move also enhances shared mobility services.

ReNew Power to invest ₹22,000 cr in Andhra’s largest Green Project

Inshorts · 3m ago

ReNew Power to invest ₹22,000 cr in Andhra’s largest Green Project

ReNew Power will invest ₹22,000 crore to set up India’s largest hybrid renewable energy park in Anantapur, Andhra Pradesh. Featuring solar, wind, and battery storage, the project supports India’s 2030 clean energy targets. It will generate 1.8 GW solar, 1 GW wind, and 2 GWh BESS, creating 10,000 jobs and boosting Andhra Pradesh’s green energy ambitions.

Once India's chip ambition got burnt. Now it's being revived

Economic Times

Economic Times · 15d ago

Once India's chip ambition got burnt. Now it's being revived

Prime Minister Narendra Modi reiterated India’s commitment to semiconductor manufacturing during his Independence Day speech, highlighting a historic lack of progress in the sector despite early potential. India is now advancing its chip production with several new semiconductor projects and a $10 billion incentive package. The Semi-Conductor Laboratory (SCL) in Mohali, which once spearheaded the country's chip ambitions, now focuses on defense and space sectors. The government aims to modernize SCL and boost India’s industry competitiveness.

Uber and Bolt unveil women-only service in Paris

Economic Times

Economic Times · 9m ago

Uber and Bolt unveil women-only service in Paris

Two rival ride-hailing platforms, Uber and Bolt, have introduced options that allow women in Paris to request rides driven by female drivers. This initiative aims to prioritize safety for female customers and address concerns of sexual assault or harassment. Uber's "Uber by Women" option is available at no extra cost but may have longer waiting times, while Bolt's "Women by Women" option is set to launch by the end of 2024. Both companies hope these changes will attract more women drivers to the profession by offering reduced fees.

Electronics parts PLI draws in Dixon, Tatas, Foxconn and others

Economic Times

Economic Times · 4m ago

Electronics parts PLI draws in Dixon, Tatas, Foxconn and others

Several companies, including Dixon, Tata Electronics, Zetwerk, and Foxconn, are planning investments under India's new production-linked incentive (PLI) scheme for electronic components. Foxconn is pursuing the smartphone display module category with plans for a unit in Tamil Nadu. Tata Electronics and Dixon are exploring various categories, including enclosures and display modules. Zetwerk also evaluates opportunities to enhance its component business. This initiative aims to strengthen India’s electronic system design and manufacturing ecosystem.

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