Latest news with #Vehicles
Time of India
3 days ago
- Automotive
- Time of India
India's Workforce Set to Grow 2.8% Driven by Flexi-Staffing and EVs: TeamLease Report, ETHRWorld
Advt Advt Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETHRWorld App Get Realtime updates Save your favourite articles Scan to download App New Delhi: The growing trend of flexible workforce models, and increased opportunities in the Electric Vehicles (EVs) and e-commerce sectors is set to boost the workforce in India, according to a report on Employment Outlook Report (EOR) for the period between April and September by TeamLease Services, a staffing firm, highlighted measured optimism amid economic 47 per cent of employers indicating plans for workforce expansion, 28 per cent opting for stability, and 25 per cent predicting reductions, the report forecasts a 2.8 per cent Net Employment Change (NEC).It showed that the growing trend of flexi-staffing is taking centre stage, with 69 per cent of employers embracing flexible workforce models to manage cyclical demand and seasonal the gig economy remains a cornerstone of hiring strategies, with 64 per cent of employers expanding sales and customer service roles through gig models."India's workforce stands at a defining moment, where traditional models of hiring are giving way to more dynamic and adaptive strategies. As industries embrace emerging technologies, organisations must recognise that agility and innovation are the true engines of success," said Kartik Narayan, CEO-Staffing, TeamLease Services."The future lies not in simply expanding headcount, but in shaping highly specialised, flexible teams that can scale, evolve, and thrive amid continuous market shifts. By fostering such talent ecosystems, companies will not only adapt but will lead India's workforce into a new era of growth and opportunity," Narayan employers are now prioritising core competencies like digital literacy (76 per cent), customer experience management (68 per cent), and communication (63 per cent), indicating a clear focus on tech-readiness, service orientation, and effective collaboration, the report also highlighted that the automotive sector projecting a 6.9 per cent NEC and EVs and allied infrastructure sector poised for strong growth at 7.1 per cent, are leading the charge. Similarly, e-commerce and tech startups are set to grow by 6.9 per cent, the report rise of AI and automation is another factor accelerating the evolution of workforce shift to generative AI, cloud technologies, and low-code platforms is driving demand for specialised, tech-savvy talent across all sectors, said the report that leveraged extensive primary and secondary research, drawing insights from over 1,263 employers across 23 industries and 20 cities.
Time of India
3 days ago
- Automotive
- Time of India
Women in Tech: 14% Representation Rise in Non-Tech Sectors for 2024, ETHRWorld
Advt Advt Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETHRWorld App Get Realtime updates Save your favourite articles New Delhi: The growing trend of flexible workforce models, and increased opportunities in the Electric Vehicles (EVs) and e-commerce sectors is set to boost the workforce in India, according to a report on Employment Outlook Report (EOR) for the period between April and September by TeamLease Services, a staffing firm, highlighted measured optimism amid economic 47 per cent of employers indicating plans for workforce expansion, 28 per cent opting for stability, and 25 per cent predicting reductions, the report forecasts a 2.8 per cent Net Employment Change (NEC).It showed that the growing trend of flexi-staffing is taking centre stage, with 69 per cent of employers embracing flexible workforce models to manage cyclical demand and seasonal the gig economy remains a cornerstone of hiring strategies, with 64 per cent of employers expanding sales and customer service roles through gig models."India's workforce stands at a defining moment, where traditional models of hiring are giving way to more dynamic and adaptive strategies. As industries embrace emerging technologies, organisations must recognise that agility and innovation are the true engines of success," said Kartik Narayan, CEO-Staffing, TeamLease Services."The future lies not in simply expanding headcount, but in shaping highly specialised, flexible teams that can scale, evolve, and thrive amid continuous market shifts. By fostering such talent ecosystems, companies will not only adapt but will lead India's workforce into a new era of growth and opportunity," Narayan employers are now prioritising core competencies like digital literacy (76 per cent), customer experience management (68 per cent), and communication (63 per cent), indicating a clear focus on tech-readiness, service orientation, and effective collaboration, the report also highlighted that the automotive sector projecting a 6.9 per cent NEC and EVs and allied infrastructure sector poised for strong growth at 7.1 per cent, are leading the charge. Similarly, e-commerce and tech startups are set to grow by 6.9 per cent, the report rise of AI and automation is another factor accelerating the evolution of workforce shift to generative AI, cloud technologies, and low-code platforms is driving demand for specialised, tech-savvy talent across all sectors, said the report that leveraged extensive primary and secondary research, drawing insights from over 1,263 employers across 23 industries and 20 cities.
The Hindu
7 days ago
- Automotive
- The Hindu
IIT Madras launches new UG and PG programmes for current academic year
The Indian Institute of Technology Madras has launched several new programmes for the current academic year. They include a BS in chemistry and M. Tech in Electric Vehicles. The courses are aimed at preparing graduates for leadership roles in solving complex, real-world challenges in academia and automotive industry. The programmes include BS (Chemistry), B. Tech in Computational Engineering and Mechanics (CEM), B. Tech in instrumentation and Biomedical Engineering (iBME) and in Electric Vehicles. The admission for BS Chemistry will be through IISER aptitude test; admission to in Electric Vehicles will be through GATE. For the two new programmes from the Department of Applied Mechanics and Biomedical Engineering admission will be through JEE. BS Chemistry is a 4-year undergraduate programme with an upgrade to MS in chemistry. The curriculum offers a large number of choice-based learning opportunities. Candidates may opt for a minor degree along with BS (ex. BS Chemistry with Data Science). The institute offers project work in allied science and engineering departments, as well as opportunities to collaborate with other universities and institutes during the MS project. in Electric Vehicles is multidisciplinary and offers opportunities for internships with industry interaction and research. CEM blends the learning of engineering with modern computational tools. iBME graduates will be able to design clinically regulated, ethically sensitive solutions that address global healthcare challenges. Candidates can upgrade to five-year dual degree and through interdisciplinary dual degree programmes. The faculty of the Department of Applied Mechanics and Biomedical Engineering coordinate three of the IDDD programmes, including computational engineering, biomedical engineering, complex systems and dynamics.
Yahoo
01-05-2025
- Business
- Yahoo
Roy-Hart school budget calls for 2.5% tax levy increase
MIDDLEPORT — The Royalton-Hartland school district's proposed $34.7 million budget for FY 2025-2026 will go to a public hearing May 7. The mostly status quo spending plan calls for a 2.5% increase in the school tax levy. According to district treasurer Jessica Landers, the budget funds all existing teaching positions, including the posts of six teachers who are retiring this year, and all existing programs for students as well as a fourth full-day Pre-Kindergarten class at the elementary school. Existing Pre-K classes hold up to 18 students each and based on registration for the 2025-'26 year, another class or 'section' will be needed. Thus an additional Pre-K teacher and Pre-K teacher aide will be hired, Landers said. While Pre-K registration has increased, projected general enrollment (K-12) is declining, she added in a Wednesday telephone interview. The proposed '25-'26 budget foresees a year-over-year total spending increase of $2.4 million (7.5%). In presentations to the school board, which voted last week to adopt the budget, Landers pointed out some of the sources of the increase: salary increases for employees and a rate increase for the Genesee Area Healthcare Plan, leading to a 7% increase in instruction costs and a 7% increase in employee benefit costs; and a 20% increase in projected student transportation costs. The projected '25-'26 tax levy is $11.6 million. Landers said the year-over-year levy increase, $283,000 (2.5%), is below the state-set cap, 4.12%. In light of the revaluation project in the towns of Royalton and Hartland that's winding down now, Landers estimated the 'full value' '25-'26 school tax rate will fall between $14.39 and $14.60 per $1,000 of assessed property value. The current school tax rate in the towns of Royalton and Hartland is $25.06 per $1,000 of assessed value. The rate is dramatically lower in four other municipalities in the district where 2024 assessments matched or were close to full market value: Lockport and Alabama, $14.04, and Ridgeway and Shelby, $14.47. The public hearing on the proposed budget will be held at 5:30 p.m. May 7 in the high school media center. The hearing is in advance of the May 20 public vote on the budget, school board members and additional spending propositions. There is no contest for two of seven board seats up for election. According to district clerk Jenna Snell, Eric Waters and Melissa Bundrock are the sole candidates on the ballot, and they will succeed incumbent board members Brandi Silsby and Jesse Snyder, neither of whom pursued reelection. The additional May 20 ballot propositions are: • Authorize the purchase of a new plow truck, at an estimated maximum cost of $100,000, using up to $100,000 in the district's Vehicles, Machinery and Equipment Reserve Fund. • Authorize the purchase of up to 200 Chromebooks, at an estimated maximum cost of $100,000, using up to $100,000 in the district's Technology and Security Equipment Reserve Fund. Landers said the new laptop computers would replace existing Chromebooks assigned to students in the middle school and high school. • Authorize establishment of a new Capital Improvements Reserve Fund, into which up $6 million of savings can be deposited to finance future acquisition, construction or improvement of buildings, facilities, sites and real property by the district. • Authorize increasing the Royalton Hartland Community Library tax levy to $123,148. The current-year levy is $120,000.
Time of India
28-04-2025
- Automotive
- Time of India
KPIT collaborates with Mercedes-Benz Research and Development India to advance software-defined vehicles
KPIT Technologies has announced a collaboration with Mercedes-Benz Research and Development India (MBRDI) to accelerate the development of Software-Defined Vehicles (SDVs). The partnership aims to support faster innovation, reduce time-to-market, and improve operational efficiencies by leveraging KPIT's expertise in mobility technologies . Mercedes-Benz is strengthening its software development strategy as part of its broader digital transformation initiatives. The approach focuses on building an integrated software architecture to enhance vehicle functionality , user experience, and operational efficiency. The strategy also supports the delivery of regular updates, enabling vehicles to remain technologically updated throughout their lifecycle. Focus on software and technology architecture Through this collaboration, KPIT will contribute its cross-domain knowledge to help rearchitect the technology stack for next-generation vehicles. The partnership is expected to play a role in advancing the capabilities and future-readiness of automotive software systems . Kishor Patil, CEO, KPIT Technologies, said, 'With over 100 years of legacy, Mercedes-Benz is an inspiration for excellence, luxury, and customer centricity. KPIT is delighted to be partnering with MBRDI in their pursuit of software excellence, digital innovation, and rearchitecting the automotive tech stack for Software-Defined Vehicles.' 'Our strategy is to work closely with a select group of clients and help them address complex business challenges through cutting-edge technology. We are committed to accelerating innovation, drawing from decades of experience and insights from numerous mobility transformation programs,' he added.
