Small towns are becoming the driving force behind e-commerce growth in the country as online retailers.
India’s jobless rate rose to 7.51 pc in July 2019 from 5.66 pc a year earlier, according to private data group CMIE.
The industries that might drive hiring are IT, BFSI and BPO with over 80-85 pc recruiters indicating creation of new jobs.
Vehicle sales in all segments have continued to plummet for the last several months.
The global plan includes the 4,800 job cuts announced in May and will mostly be at factories overseas with low utilisation rates.
The government has taken several measures towards expansion of the organised sector, said Union Minister Santosh Gangwar.
Infosys added 906 people (net) during the June 2019 quarter.
The company expected headline results to fall by at least 650 million rand (USD 45.78 million) in the first half of its financial year.
Over 53,000 new jobs were created in indirect tax departments and 29,935 in direct tax departments.
2 million people would be trained in digital technology in the next three to four years from 0.6 million people currently.