Latest news with #SachinAlug
Hans India
3 days ago
- Business
- Hans India
India to see 7.29 mn green jobs by FY28
Mumbai: India's green economy is growing rapidly and is expected to reach a value of $1 trillion by 2030, and a staggering $15 trillion by 2070, a new report said on Monday. With this massive growth, India is also set to create a huge number of green jobs -- around 7.29 million by the financial year 2027-28 and 35 million by the year 2047, according to a NLB Services report. NLB Services CEO Sachin Alug said: 'In the past 4–5 years, we've seen green jobs evolve from niche roles to mainstream opportunities across renewable energy, EVs, and sustainable infrastructure. What's changed pragmatically is the skillsets.'India Green Economy, Green Jobs, NLB Services Report, Renewable Energy, Sustainability Skills, Workforce Development 'Today's green workforce needs both sustainability know-how and digital fluency, and the increased integration of AI, IoT, blockchain, GIS, and data-driven tools are laying the foundation for progressive, new-age green careers,' Alug mentioned. As the green sector expands, industries are not just investing in green technology and renewable energy, but also focusing on building a skilled workforce to meet the rising demand. This shift is driving companies to change their hiring strategies. Rather than relying only on traditional degrees, employers are now giving more importance to practical green skills and hands-on experience. Many companies are also working closely with colleges and universities to equip young people with sustainability-related skills, while also investing in inclusive hiring and re-skilling programmes, the report stated.
Time of India
3 days ago
- Business
- Time of India
Green job demand in India sees 20–30% annual growth; Tier II/III cities to host up to 40% roles
New Delhi: India's green economy is expected to generate 7.29 million jobs by FY28 and about 35 million jobs by 2047, according to industry estimates. The projections come as the country moves toward a green economy valued at USD 1 trillion by 2030 and USD 15 trillion by 2070. The latest employment outlook for the green sector exceeds earlier projections made in 2024, which had estimated a 15–20 per cent year-on-year increase in demand for green jobs over the next 10 years. Companies are modifying their workforce strategies by prioritising skill-based hiring and practical green competencies over traditional qualifications. They are also forming partnerships with academic institutions to equip the youth with sustainability-related skills and investing in inclusive hiring and re-skilling initiatives. Major job creation is expected in renewable energy, waste management, electric vehicles, sustainable textiles, and green construction sectors. The growth is expected across urban and peri-urban regions. While cities like Mumbai, Bengaluru, and Delhi continue to attract aspirants for green jobs, Tier II and III cities including Jaipur, Indore, Visakhapatnam, Ahmedabad, Coimbatore, Bhubaneswar, and Chandigarh are emerging as important centres. These cities are projected to account for 35–40 per cent of the 7.29 million jobs by FY28. Job roles in the green sector are expanding beyond traditional segments. Demand for roles such as ESG analysts, green tech experts, and climate data analysts has increased compared to last year and is projected to grow by 20–30 per cent annually. Hybrid roles that combine sustainability expertise with digital proficiency are expected to see a 4–6 times rise in demand. ESG analyst roles are projected to grow by 13–20 times. Green technology is also being influenced by innovations in precision farming, smart irrigation, and AI-based climate modelling. New roles are being created in sustainable agriculture and clean technology through blockchain traceability systems. Professionals with expertise in Geographic Information Systems (GIS), Artificial Intelligence (AI), remote monitoring systems, and lifecycle assessment tools are in demand. The average salary across profiles in the green sector has increased by 20.3 per cent over the past one to two years. Salaries in Tier I cities can be up to 50 per cent higher than in Tier II cities, driven by the cost of living differences. Currently, women account for 11–12 per cent of green jobs in India. This is attributed to unequal access to technical education, workplace safety concerns, and cultural barriers. Organisations are adopting inclusive hiring practices and supporting women-focused skill development programmes. These initiatives are expected to improve gender parity by 12–15 per cent over the next 5–6 years. Sachin Alug, CEO of NLB Services, said, 'In the past 4–5 years, we've seen green jobs evolve from niche roles to mainstream opportunities across renewable energy, EVs, and sustainable infrastructure. What's changed pragmatically is the skillsets. Today's green workforce needs both sustainability know-how and digital fluency, and the increased integration of AI, IoT, blockchain, GIS, and data-driven tools are laying the foundation for progressive, new-age green careers.'>
India.com
3 days ago
- Automotive
- India.com
Indian EV Industry Likely To Have 2 Lakh Professionals In Workforce By 2030
New Delhi: To help India cut down carbon emissions by a whopping 1 billion tonnes, the EV industry is expected to have 200,000 professionals in the workforce by 2030, industry experts said on Monday. The announcement of the new EV policy is a pivotal move in fast-tracking India's green mobility goals. 'By tying import duty concessions to local manufacturing commitments, the government is sending a clear message to global EV players: India welcomes investment, but with a strong emphasis on 'Make in India',' said Sachin Alug, CEO, NLB Services. This strategic approach not only encourages foreign participation but also reinforces the domestic ecosystem, paving the way for job creation and technological advancement. 'To help India cut down carbon emissions by a whopping 1 billion tonnes, the EV industry is expected to have 200,000 professionals in the workforce by 2030. As the sector expands, we expect a notable rise in demand for roles in EV software management, embedded electronics, UI/UX designers, Ionic developers, etc,' he mentioned. The government on Monday notified guidelines for its forward-looking scheme to enable fresh investments from global manufacturers in the electric cars segment and promote India as a global manufacturing hub for e-vehicles. To encourage global manufacturers such as US tech giant Tesla to invest under the scheme, the approved applicants will be allowed to import completely built-in units (CBUs) of electric four-wheelers with a minimum CIF (cost insurance and freight value) of $35,000 at reduced customs duty of 15 per cent for a period of 5 years from the date that the application is approved. . Approved applicants would be required to make a minimum investment of Rs 4,150 crore in line with the provisions of the scheme. The maximum number of e-4Ws allowed to be imported at the reduced duty rate will be capped at 8,000 units per year. The carryover of unutilised annual import limits would be permitted.
Hans India
4 days ago
- Business
- Hans India
India to create 7.29 million green jobs by FY28, 35 million by 2047: Report
Mumbai: India's green economy is growing rapidly and is expected to reach a value of $1 trillion by 2030, and a staggering $15 trillion by 2070, a new report said on Monday. With this massive growth, India is also set to create a huge number of green jobs -- around 7.29 million by the financial year 2027-28 and 35 million by the year 2047, according to a NLB Services report. NLB Services CEO Sachin Alug said: "In the past 4–5 years, we've seen green jobs evolve from niche roles to mainstream opportunities across renewable energy, EVs, and sustainable infrastructure. What's changed pragmatically is the skillsets." "Today's green workforce needs both sustainability know-how and digital fluency, and the increased integration of AI, IoT, blockchain, GIS, and data-driven tools are laying the foundation for progressive, new-age green careers," Alug mentioned. As the green sector expands, industries are not just investing in green technology and renewable energy, but also focusing on building a skilled workforce to meet the rising demand. This shift is driving companies to change their hiring strategies. Rather than relying only on traditional degrees, employers are now giving more importance to practical green skills and hands-on experience. Many companies are also working closely with colleges and universities to equip young people with sustainability-related skills, while also investing in inclusive hiring and re-skilling programmes, the report stated. The new employment outlook is stronger than earlier predictions. In 2024, the green sector was expected to grow at a pace of 15–20 per cent annually in terms of job demand. However, new estimates show an even faster increase, especially in fields like renewable energy, electric vehicles, green construction, waste management, and sustainable textiles. Most green jobs are still based in big cities like Mumbai, Bengaluru, and Delhi. But smaller cities such as Jaipur, Indore, Visakhapatnam, Coimbatore, Bhubaneswar, Chandigarh, and Ahmedabad are also becoming key green job hubs. Tier II and Tier III cities are expected to create 35-40 per cent of the projected 7.29 million jobs by FY28, helped by the growth in sustainable agriculture, logistics, and warehousing, as per the report. Green job roles are also becoming more diverse. Demand for professionals in areas such as ESG (Environmental, Social and Governance) analytics, climate data analysis, and green technology is growing fast, with a projected 20–30 per cent yearly rise.
Hans India
26-05-2025
- Business
- Hans India
Bengaluru leads in fresher hiring for global capability centres in 2025
Bengaluru stands out with the highest optimism for fresher hiring in the global capability centre (GCC) sector, with 17 per cent of companies project an increase of more than 50 per cent, indicating a more aggressive hiring approach compared to other cities in 2025, a report showed on Monday. Compared to last year, hiring in the IT sector has seen a 4 per cent year-on-year increase in 2025 to date, according to NLB Services. 'India Inc's focus on entry-level talent is a response to evolving industry demands, driven by advancements in automation, cybersecurity, and cloud transformation. Companies are not just hiring freshers to fill roles but strategically investing in them to build a future-ready workforce,' said Sachin Alug, CEO, NLB Services. Among sectors, IT-hardware and software led the way, nearly doubling its share from 17 per cent in 2024 to 34 per cent in 2025, followed by FMCG (16 per cent), insurance (15 per cent), and pharma (11 per cent). Freshers entering the IT sector can expect salary packages ranging from Rs 3.5 lakh to Rs 8 lakh per annum, based on their skill set and role. For instance, software developers typically earn between Rs 2.8 lakh to Rs 8.2 lakh per annum. Web Developers' salaries range from Rs 2 lakh to Rs 8 lakh per annum for freshers. Beyond metro cities, tier 2 and 3 cities are emerging and creating new opportunities for freshers in IT as well as non-IT sectors. For instance, cities like Mysuru, Gandhinagar, Visakhapatnam, Indore, Lucknow, Kochi, Jaipur, and Vijayawada are witnessing remarkable growth, driven by a strong talent pool choosing to stay local rather than relocating to expensive, established tech centres. For instance, Coimbatore, Indore, Udaipur, Bhubaneshwar, Jaipur and Chandigarh are evolving into IT hubs, with fresher salaries ranging from Rs 3.5 lakh to Rs 6 lakh per annum, slightly higher than those in metro cities. Additionally, cities like Nashik, Salem, and Vadodara are gaining prominence as preferred locations for GCCs, further solidifying their role in India's expanding tech landscape. In the Indian GCCs ecosystem, firms are continuing their growth trajectory and fresh hiring trends are evolving, with a strong focus on young talent and diversity. As GCCs expand globally, with digital transformation and automation at the forefront, the demand for young talent is set to rise sharply in the coming years, said the report.
