Indian Development News 🇮🇳
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India FDE job postings rose nearly 800% YoY to 5,300–5,600 in Q1 FY27 from 700–750 a year earlier, TeamLease Digital said. UnearthInsight puts in-house FDE work at the top 50 GCCs at $200–300 million. Pay ranges from $40,000–90,000 (2–5 years) to $150,000–200,000 (8-plus years). #Jobs #IT #Ai
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India’s factory workforce crossed 20 million in 2024-25. Industrial GVA reached ₹26.9 lakh crore, while productivity rose 2% to ₹11 lakh per worker. Average factory earnings rose to ₹3.8 lakh. #Jobs #MakeInIndia
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US Department of Labor (DOL) has officially announced the suspension of Microsoft, Cognizant, Infosys, Tata Consultancy Services (TCS), Wipro, HCL Technologies, and Capgemini from the Permanent Labor Certification (PERM) program.

Source

#ForeignAffairs #Jobs
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Russian President Vladimir Putin signed a law on October 12 ratifying an agreement with India on temporary employment of citizens in each other’s territories. The agreement was signed in New Delhi on December 5, 2025. As of now, 70,000 Indian citizens work in Russia. #Jobs

Source
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🏥🇮🇳 Truevis Tech to build ₹500cr medical equipment plant in Haldia, West Bengal:

The state government has allotted 50 acres for the project, making it India's second facility. It will manufacture 1,000+ units annually (imaging, monitoring, and radiotherapy systems), creating 5,000+ jobs to boost Make in India and cut import dependence. #MakeinIndia #Jobs

Source
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🏭 Odisha has attracted investment proposals worth ₹53,894 crore, with 20,210 potential #jobs.

⚡ NLC India proposed ₹37,000 crore, while L&T outlined an ₹8,100-crore investment.

🏗️ JSW and Posco also discussed a proposed 5-million-tonne #steel plant worth ₹35,000 crore.

🔗 Swarajya
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🇮🇳 Circulogy Cleantech signed a MoU with Invest UP to set up a ₹200 crore lithium-ion battery and rare earth refinery in Uttar Pradesh.

♻️ The project will process 10,000 tonnes of material annually to recover critical #minerals like lithium, cobalt, and nickel, while generating 1,300 local #jobs.

🔗 Read more
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BREAKING: Microsoft is offering buyouts to around 60,000 employees, according to reports from Business Insider and Bloomberg.

The move marks Microsoft’s latest efforts to cut costs and rework its workforce for AI.

Employees at the vice president level and below on select teams in the U.S., Canada, India, and the U.K. will be eligible, the reports say. Some employees, including those working in data centers, sales and marketing, are excluded. #IT #Jobs
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Jakson Group is investing ₹6,863 crore in an integrated #solar plant in Kurnool, Andhra Pradesh.

It will produce 10 GW of silicon ingots/wafers and 5 GW of cells across three phases, creating ~2,000 #jobs.

Phase 1 (3 GW ingots/wafers, 3 GW cells) targets commercial production in May 2028; remaining capacity by 2030.
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LTTS signs 5-yr India R&D deal with Nokia to establish a dedicated Offshore Development Center and engineering team for Nokia Technology Center.

Scope covers product engineering, NPD, embedded systems, SW dev, system integration, and support, focusing on 5G, intelligent automation, and AI-driven ops/infra.

This aligns with LTTS Lakshya 31; Nokia cites India as a key innovation hub for the AI supercycle, with IP Networks sales up 43% in Q3. #Jobs

🔗 Read more
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🔌 TARIL to Invest ₹1,250 cr for 3 Plants in Gujarat

| 📍 At Chiyada complex, to make bushings (OIP, RIP, RIF) up to 800 kV, pressboard & insulation materials, CTC for high-voltage transformers
| 💰 Investment via wholly-owned subsidiary, construction started Dec'25, commercial ops Q1 FY28, 1,000+ direct #jobs.

#MakeinIndia #Power

🔗 Read more
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AssetMark, a US wealthtech firm, opened its Global Wealth center in Hyderabad's Phoenix Hitech City.

The facility, with a capacity of ~500 employees, supports over 10,000 US financial advisors. After 10 years of outsourcing, AssetMark is transitioning global technology and business operations to an in-house team. #IT #Jobs

🔗 Read more
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Govt approves Rs 1,195 cr for #ITI Cluster Modernisation under PM-SETU. Covers 5 clusters, 25 ITIs in Maharashtra, Odisha, J&K. Cumulative PM-SETU clearances Reached Rs 3,687 cr.

Clusters:
- Pune: Rs 241 cr (BVG India)
- Kataka (Odisha): Rs 240.50 cr (Tata Steel Foundation)
- Chhatrapati Sambhajinagar: Rs 238.01 cr (Belrise Industries)
- Jammu: Rs 240 cr (Eagle Infra)
- Srinagar: Rs 235.41 cr (Inderdeep Infra) #Jobs

🔗 Read more
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AXISCAD breaks ground on its ₹200 crore Center for Advanced Manufacturing (CAM) at the Devanahalli Atmanirbhar Cluster (DAC), Bengaluru, on 16 October 2026.

This investment strengthens India’s high-tech manufacturing capabilities in #aerospace, #defense, and #semiconductors.

Key details:
-🔹 Investment: ~₹200 crore, built in two phases.
-🔹 Phase 1 operational in 12 months.
-🔹 Facilities: Precision machining, advanced sheet metal fabrication, tooling, surface treatment, and 3D printing.
-🔹 Goal: End-to-end manufacturing solutions for Aerospace & Defense and Semiconductor customers.
-🔹 Employment: Approximately 1000+ direct #jobs for skilled engineers and technicians.

#MakeinIndia
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💻 Rashi Peripherals and Japan’s Restar Corp form a new Joint Venture: 74% Rashi, 26% Restar.

📍 Headquartered in Bengaluru, operational since October.
🔬 Dedicated engineering lab for prototype and field development.
🎯 Focus: Semiconductor distribution and image-sensing tech for automotive, robotics, electronics, and smart cities.

📈 Restar transfers technical capabilities to scale portfolio from 75 to 2,000+ items, hiring 50+ local Field Application Engineers.

#Semiconductor #Jobs

🔗 Read more
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🚀 Centre to build 2.5L nuclear workforce for 100GW target post-SHANTI Act.

| 🛸 IITs/NITs to launch courses (PhD to ITI).
| 👁️ 1GW requires 2,000 skilled staff; 100GW needs ~2.5L in 25 years. CEA projects 13,600 professionals by 2032 (46k PHWR, 38k PWR, SMRs, FBRs).
| 🎯 Niti Aayog (JB Joshi) drafting framework & dedicated institute. IIT Bombay launching Nuclear Engg; IIT Kanpur, Madras, Jammu, Gandhinagar starting programs. #Jobs #Nuclear
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