News Brief
Over 500,000 New Manufacturing Jobs In Next Five Years: Tata Group Chairman N Chandrasekaran Unveils Ambitious Plan
Tata Sons Chairman N Chandrasekaran
The Tata Group has announced its ambitious plan to generate over five lakh manufacturing jobs within the next five years.
This announcement was made by Tata Sons Chairman N Chandrasekaran in his New Year message to the Group's employees.
"Our Group plans to create 500,000 manufacturing jobs over the next half decade," Chandrasekaran said, Economic Times reported.
He highlighted that these jobs would come from group's investments in factories and projects focused on producing next-generation products such as batteries, semiconductors, electric vehicles, solar equipment, and other critical hardware.
"These will come in part from the aforementioned investments in facilities across India--factories and projects that will produce batteries, semiconductors, electric vehicles, solar equipment, and other critical hardware destined to play a central role in the economy of tomorrow," Tata Sons Chairman added in his letter.
Beyond manufacturing, the Tata Group plans to generate additional jobs in service-oriented sectors, including retail, technology services, airlines, and hospitality.
Chandrasekaran also noted the Group's ventures into the artificial intelligence sector.
He noted that construction has begun for over seven new manufacturing facilities, including India's first semiconductor fab in Gujarat's Dholera, and a brand new semiconductor OSAT plant in Assam.
He stated that the Tata Group will also have a new battery cell manufacturing factory in Sanand, Gujarat, and in Somerset, UK.
The Tata Group has inaugurated the C295 final assembly line (FAL) in Vadodara, Gujarat, and launched solar module production in Tirunelveli, Tamil Nadu.
Tata Sons Chairman expressed his enthusiasm over the upcoming opportunities in Artificial Intelligence (AI) and the manufacturing sector.
"Such moves are exciting for our Group and for India, but more importantly, they give hope to the one million young people who enter our workforce each month. Thankfully, manufacturing has powerful multiplier effects; indirect employment opportunities from sectors such as semiconductor manufacturing are substantial," he said.
"AI and manufacturing are two fields that are combining "economic opportunity and social progress converge," he added.
Chandrasekaran underscored that global supply chains are increasingly favouring India as major businesses seek to balance resilience with efficiency.
"Amid relentless geopolitical instability, the equation has tilted firmly toward resilience--and India, with our vast talent pool and growing manufacturing capacity, is poised to benefit," he added and said that the Group's retail companies will continue to scale up.
