Tata Group Plans to Produce 500,000 Manufacturing Jobs Within 5 Years: N Chandrasekaran Says

India is on a journey to a ‘developed nation’ and this goal cannot be fulfilled if certain steps could not be taken. So our experts are continuously discussing on this topic to take those initiatives which will enable us to see that day very soon.

That’s why N Chandrasekaran chairman of Tata Sons gave some statements on Indian Foundation For Quality Management (IFQM) Symposium for Viksit Bharat. So let’s explore everything what he said in the IFCQ Symposium and many more.

N Chandrasekaran Statements on IFQM Symposium.

N Chandrasekaran Statements on IFQM Symposium.
Image Source – Google / Image By – The Week

Tata Group will produce 5 lakh manufacturing jobs in the last 5 years across various sectors like Semiconductors, Electric Vehicles, Battery and related industries, N Chandrasekaran said on Tuesday, October 15, 2024.

Without creating manufacturing jobs, India cannot achieve the goal of being a developed nation because to achieve a developed nation economic growth is a must and in order to achieve economic growth we need to achieve the job growth. With a large number of youth, we will make human capital for the world.

N Chandrasekaran says on Indian Foundation For Quality Management (IFQM) Symposium, “Between our (Tata Group’s) Investment in semiconductor, electric vehicles, batteries and related field, I think we will create 5 lakh manufacturing jobs in the next 5 years.

Chandrasekaran adds group’s upcoming semiconductor facility in assam and other various manufacturing units for electric vehicles and batteries, overall we are stablishing a good number of plants. Althought it is not informed but based on basic math calculatoin these types of jobs will have multiplier effects.

N Chandrasekaran anticipates according to basic math calculation that 500,000 companies – small, medium – scale companies would add in the ecosystem. He acknowledged the government’s support and stressed the need of creating jobs in the manufacturing field.

He says, “Because we cannot achieve the goals of Viksit Bharat if we cannot create the manufacturing jobs as we know 1 million people are comming to workforce every month”. N Chandradekeran further added, “we will have to generate 100 million jobs”. He asserted on the manufacturing jobs like semiconductors, for which he claimed that 8 to 10 indirect jobs are created for every inderict job.

Who Is N Chandrasekaran? Is He CEO Of Tata Group?

Image Source – Google / Image By – The Financial Express

Natarajan Chandradekaran born 2 June, 1963 is an Indian businessman and chaireman of Tata Sons and Tata group. He was Chief Operating Officer (COO) and executive director of Tata Consultancy Service (TCS) but in 2009, he became Chief Executive Office (CEO) And he was also the chairman of Tata Motors and Tata Global Beverages (TGB).He not only became the CEO of Tata companies but also he is the non-parsi and professional executive to head the Tata group.

Chandrasekaran studied in a Tamil Government school maned Moharun but later he took a Bachelore’s degree in Applied Sciences from the Coimbatore Institute of Technology, Tamil Nadu. He got his Master of Computer Application (MCA) from the Regional Engineering College, Tiruchilapalli now it’s called National Institute of Technology, Tiruchirapalli.

How Natarajan Chandrasekaran Got The Opportunity From Tata Group?

Natarajan Chandrasekaran joinen the Tata Consultancy Services (TCS) as a intern but he was very smart and effective person who impacted the group with his work and ability. So he was appointed as a Chief Operating Oficer (COO) and executive director and then in 2009 he became Chief Executive Officer (CEO) of Tata Consultancy Services (TCS).

One Lesson- that is why it doesn’t matter that you are raised from government school or from topnotch private school or colleges only neet passion and right strategy to make something then companies are waiting for you.

Conclusion

N Chandrasekaran statement of 500,000 manufacturing jobs generation will highly going to effect economic growth of India and the young youth will play an importance role in this Initiatives of Tata Group. And if this becomes possible then India’s vision of Viksit Bharat will seem to come true.

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