Infosys Foundation Launches Springboard Livelihood Program to Support 5 Lakh Job Seekers by 2030
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
Infosys Foundation has announced the launch of the Infosys Springboard Livelihood Program, an ambitious initiative aimed at helping five lakh job seekers in India find meaningful employment by 2030. The Foundation has committed over INR 200 crore for the first phase of the programme.
The initiative is part of the broader Infosys Springboard platform, which focuses on digital learning and skills development. Through this programme, both graduates and undergraduates will receive training tailored to employment across STEM and non-STEM sectors.
Learners will have access to industry-relevant courses in emerging technologies such as artificial intelligence and machine learning. The programme also includes functional training in areas like digital marketing and finance. To enhance workplace readiness, foundational modules will cover soft skills such as communication, time management, and interview preparation.
"The programme reflects Infosys Foundation's commitment to bridge the gap between learning and fostering sustainable livelihoods," said Sumit Virmani, Trustee, Infosys Foundation. "By partnering with experts and investing in industry-relevant curricula, the Infosys Springboard Livelihood Program empowers talented youth in India to secure and sustain rewarding careers."
Infosys Foundation has partnered with 20 implementation organisations to deliver this initiative, including ICT Academy, Unnati, Nirmaan, Magic Bus, Aga Khan Rural Support Programme, Centum, CII Foundation, and NIIT Foundation. These partners will support in curating job opportunities and building structured career pathways for learners.
V Srikanth, Chief Executive Officer of ICT Academy, noted the growing need for skilled talent in diverse sectors. "The demand for a workforce skilled in advanced IT, KPO, BFSI, Retail, e-commerce, and logistics has never been higher. We are proud to collaborate with Infosys Foundation to help build a stronger, future-ready India."
The programme aims to foster inclusive growth by preparing India's youth for a dynamic job market.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
20 minutes ago
- Yahoo
Factbox-Trump tariffs threaten India's export edge; key sectors brace for impact
By Vivek Kumar M and Bharath Rajeswaran (Reuters) -U.S. President Donald Trump on Wednesday slapped 25% tariffs on Indian goods, along with an unspecified penalty tied to energy and defence purchases from Russia — a move that, if enforced, could erode India's export competitiveness and weigh on investor sentiment. India's trade surplus with the U.S. — its largest export market — stood at 1.2% of GDP in 2024. Analysts warn halving that surplus could shave 25–40 basis points off GDP, undermining India's 'safe haven' narrative amid a global slowdown. The relative appeal of Indian markets has also faded, with local equities underperforming peers like Vietnam and Indonesia, which have secured trade pacts with Washington. CLSA said the tariff threat adds to uncertainty in an already expensive market. With negotiations set to resume in mid-August, markets expect the final tariff rate to be lower than 25%. But until clarity emerges, export-linked sectors face significant near-term headwinds. See below for a sector snapshot on who is exposed: PHARMACEUTICALS The U.S. accounts for nearly one-third of India's pharma exports (about $9 billion in FY24). Jefferies estimates a 2–8% EPS hit for Biocon, Sun Pharma and Dr. Reddy's, if generics are included. HSBC warns of an up to 17% downside to FY26 earnings forecasts. TEXTILES Exporters like Welspun Living, Gokaldas Exports, Indo Count and Trident derive 40–70% of sales from the U.S. Higher tariffs could shift market share to Vietnam, which benefits from lower U.S. duties. OIL REFINING A proposed penalty on Russian oil imports could hit Reliance Industries and state-run refiners Bharat Petroleum and Hindustan Petroleum. Companies may face higher costs if forced to diversify crude sourcing. AUTO COMPONENTS Automakers have limited U.S. exposure, but parts makers including Bharat Forge and Sona BLW are Motors' Jaguar Land Rover unit is shielded under U.S.-UK/EU trade arrangements. CAPITAL GOODS & CHEMICALS Cummins India, Thermax and KEI Industries have 5–15% U.S. exposure. Chemical exporters such as Navin Fluorine, PI Industries and SRF may face margin pressure, especially on refrigerant gas exports. SOLAR EQUIPMENT Waaree Energies and Premier Energies count the U.S. as a key market. Nearly 20% of Waaree's FY24 revenue came from the U.S., which also accounts for a major chunk of its 59% overseas current order book. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20 minutes ago
- Yahoo
Unilever profit slides ahead of ice cream demerger
British consumer goods giant Unilever on Thursday said net profit fell five percent in the first six months of the year, as it prepares to demerge its ice cream business. Profit after tax dropped to 3.5 billion euros ($4 billion) compared with the first half of 2024, said the maker of products ranging from Dove soap and Cif surface cleaner to Hellmann's mayonnaise. Unilever's turnover slipped three percent to 30.1 billion euros, while underlying sales grew more than expected thanks to a strong performance from its ice cream business making the Ben & Jerry's and Magnum brands Unilever is undergoing a turnaround to boost its performance, which has included spinning off its ice cream division, job cuts and bringing in new chief executive Fernando Fernandez. The new standalone firm, The Magnum Ice Cream Company, is on track to begin operating by mid-November. Fernandez on Thursday said Unilever would focus on growing sales in the United States and India, as well as prioritising its personal care and beauty divisions. The group maintained its sales outlook for the full-year. Without specifically referring to US tariffs, it highlighted an "uncertain" macroeconomic and currency environment, adding that the group "will be agile in adjusting... plans as necessary". Fernandez took over as CEO in March after Hein Schumacher spent less than two years in the role, during which time the company posted two sets of disappointing annual results. ajb/bcp/rl
Yahoo
25 minutes ago
- Yahoo
Trump Unleashes a Flurry of Trade Surprises on Eve of Deadline
(Bloomberg) — Donald Trump unleashed a series of tariff deals and demands on the eve of his Friday deadline, including surprises on India and copper as the US president attempts to create a new global trade order. The World's Data Center Capital Has Residents Surrounded An Abandoned Art-Deco Landmark in Buffalo Awaits Revival Budapest's Most Historic Site Gets a Controversial Rebuild San Francisco in Talks With Vanderbilt for Downtown Campus We Should All Be Biking Along the Beach Trump on Wednesday announced tariffs of 15% on imports from South Korea that matched the rate for neighbor Japan, and a painful 25% levy on imports from India that was accompanied by criticism of its purchases of Russian energy and weapons. Deals were also in the offing for Thailand and Cambodia after they agreed to a ceasefire Monday, buttressing Trump's self-professed goal of being seen as a global peacemaker. Trump shocked markets with new tariff rules on copper, sinking prices in New York by a record after exempting the most widely traded forms of the metals from 50% tariffs. The onslaught comes on the eve of an Aug. 1 deadline, when the White House threatened reciprocal levies for countries without bilateral agreements, which most don't have. Trump has said rates globally will come in from 15% all the way to 50% — executing policies he believes will bring home manufacturing and raise government revenue, while giving him enormous leverage on countries whose exports depend on US consumers. 'Today we got a flurry of details and it's the case of the old saying: 'you can't see the forest for the trees,'' said Rob Subbaraman, chief economist at Nomura Holdings Inc. 'Stepping back, Trump has by and large followed through on his tariff threats. Right now it's just a lot of noise.' Most countries are still without a trade deal, and key details are scant for those who have one — including potential exemptions, investment promises and potential changes to rules of origin. The uncertainty and confusion amid the long rollout of Trump's new trade order has already hit global economic growth and weighed on investment, even as markets remain optimistic. 'These deals ramming against the clock — it's really not a good sign,' said Alicia Garcia Herrero, chief economist for Asia Pacific at Natixis. The reach pushes countries to an agreement to avoid potentially higher levies, but could end up costing their economies more, she said. Meanwhile, the mood music between the US and China remains favorable for now. Speaking in the White House on Wednesday, Trump said the US will have a 'very fair deal with China.' Talks this week in Sweden strengthened trust between the two sides and boosted confidence in resolving economic disputes via discussions, the Communist Party's official newspaper said. The trade news wasn't limited to foreign countries. US consumers and small businesses will soon face higher costs on shipments, as Trump announced tariffs would apply from Aug. 29 on de minimis shipments, or imports that are below $800. Such shipments have been a boon for consumers and retailers, many of them in China, that ship products direct. A surprise reprieve for many Brazilian goods rallied its currency and stocks. Meantime, Bloomberg News reported Trump will speak with his Mexican counterpart Claudia Sheinbaum on Thursday morning, sending the peso higher. Canadian Prime Minister Mark Carney said Wednesday that talks with the US may not finish by Trump's Friday deadline. Prospects for a better deal dimmed further when Trump posted on Truth Social that Canada's decision to back Palestinian statehood 'will make it very hard for us to make a Trade Deal with them.' For South Korea, the 15% includes autos, as well as a $350 billion South Korean fund for US investments including energy and shipbuilding. As with Japan, the US investments would be directed by Trump, the president said. And for both funds, 90% of the profits would flow back to the US, Commerce Secretary Howard Lutnick said in a post on X. For India, Trump threatened a still-undefined additional penalty over its purchases of Russian energy, on top of a 25% tariff on imports from the nation. Any move on Russian oil may come up in talks with China, given that Beijing also takes substantial volumes of Moscow's crude, which the US has targeted since its 2022 invasion of Ukraine. Oil was holding Thursday near the highest in almost six months. Russia Builds a New Web Around Kremlin's Handpicked Super App Burning Man Is Burning Through Cash It's Not Just Tokyo and Kyoto: Tourists Descend on Rural Japan Everyone Loves to Hate Wind Power. Scotland Found a Way to Make It Pay Off Cage-Free Eggs Are Booming in the US, Despite Cost and Trump's Efforts ©2025 Bloomberg L.P. Sign up for the Yahoo Finance Morning Brief By subscribing, you are agreeing to Yahoo's Terms and Privacy Policy
