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PM Modi Hails Budget Focus On ‘New-Age’ Sectors

Budget 2025 gives jobs topmost importance by potentially being able to generate between 30-40 lakh jobs in sectors, EPFO incentives, and skilling of 30 lakh youth. One-year internships for 1 crore youth, MSME growth, and tourism investments will further increase employment.

Kartik Narayan
  • CEO - Staffing

News 18, February 01, 2025
Budget 2025: India Allows 100% FDI In Insurance To Attract Global Investors

Budget 2025 The impact of this reform is also expected to extend to job creation. Kartik N, CEO-Staffing, TeamLease, called it a "game-changer" for employment, stating that the rise in foreign investments will lead to a surge in hiring across..

Kartik Narayan
  • CEO - Staffing

Business World, February 01, 2025
initiatives announced for EV sector reinforces confidence in India

India’s domestic electronics manufacturing is on a rapid growth trajectory, with production surging from Rs 1.9 lakh crore in FY15 to Rs 9.52 lakh crore in FY24. Budget 2025 is set to accelerate this momentum by strengthening local value addition, PLI expansion, and component manufacturing.

Kartik Narayan
  • CEO - Staffing

Deccan Herald, February 01, 2025
Union Budget 2025 Highlights & Announcements

With an investment support of ₹163 bn, this is going to change the game for the electronics and EMS industry by sourcing critical resources for EV and High-Tech manufacturing.

Kartik Narayan
  • CEO - Staffing

The Hindu Businessline, February 01, 2025
Budget 2025: TeamLease CFO seeks clarity on employment incentives

As of now, there has not been any movement. We need notification on how these programmes are going to get implemented. So only then we can assess what can be the potential upside on these initiatives.

Ramani Dathi
  • CFO

CNBCTV18, January 31, 2025
Indian Automotive Sector Set for 70% Workforce Growth in FY25

The automotive sector is witnessing a shift as it adapts to changing consumer preferences and technological advancements. The focus on EVs, connected vehicles, and premium models has redefined the industry's growth narrative and talent requirements.

Subburathinam P
  • COO

Times Now News, January 31, 2025
Auto sector seeks GST revision, inclusive schemes for EVs

Focus should be on employment generation, skill development, and fostering the growth of the EV segment in the auto industry, as well as enhancing workforce participation through initiatives.

Subburathinam P
  • COO

Story Board 18, January 31, 2025
Travel & Hospitality Sector in India projecting 8.2% net employment change in HY2 FY2025

The positive hiring intent by 66% of the companies we’re seeing in the travel and hospitality sector tells a compelling story about how the industry is evolving.

Balasubramanian A
  • SVP & Business Head

Travel Daily Media, January 27, 2025
Travel & Hospitality Sector in India projecting 8.2% net employment change in HY2 FY2025

The positive hiring intent by 66% of the companies we’re seeing in the travel and hospitality sector tells a compelling story about how the industry is evolving.

Balasubramanian A
  • SVP & Business Head

Travel Daily Media, January 27, 2025
Union Budget 2025 | Green energy firms look to boost sectoral allocations

Very few industries have the projected growth that renewable energy and EVs have, in the upper single digits or almost double-digit growth.

Subburathinam P
  • COO

Deccan Herald, January 27, 2025
Budget 2025 Expectations Highlights

A well-regulated labour market will enhance productivity, foster innovation, and attract investments, driving economic growth and prosperity.

Kartik Narayan
  • CEO - Staffing

Times Of India, January 27, 2025
How much salary hike central government employees can expect, how to calculate it

Considering the inflation factor, there are indications that the fitment factor may stay between 2.5- 2.8 times, which will give a significant boost to employee salaries between Rs 40,000 and Rs 45,000.

Krishnendu Chatterjee
  • VP & Business Head

Economic Times, January 17, 2025
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