City
Epaper

Hiring for power & energy sector in India surge 9 pc in H1 FY25: Report

By IANS | Updated: July 29, 2024 14:40 IST

Bengaluru, July 29 Hiring for the power and energy sector in India is surging 9.01 per cent in ...

Open in App

Bengaluru, July 29 Hiring for the power and energy sector in India is surging 9.01 per cent in H1 FY25, indicating a move towards a low-carbon future, driven by significant government initiatives, according to a report on Monday.

The employment outlook report, by TeamLease Services -- a staffing company -- showcases changes in employment for the period between April-September 2024-25 based on a survey of 1,417 employers across 23 industries.

It showed that 62 per cent of respondents plan to expand their workforce, 20 per cent anticipate reductions, and 18 per cent expect no change for HY1 FY25.

In the power and energy sector, Delhi leads existing job locations at 56 per cent, followed by Bengaluru at 53 per cent and Mumbai at 52 per cent.

Jaipur is a frontrunner for new job locations at 14 per cent, with Bengaluru, Chennai, and Vadodara tied at 13 per cent.

This trend highlights growth in established metros while showcasing emerging opportunities in tier-2 cities, likely driven by infrastructure development, policy incentives, and renewable energy expansion, the report said.

The report comes as India's energy sector is undergoing a significant transformation in line with the nation's commitment to achieving net-zero emissions by 2070.

The country has set ambitious targets for 2030, including reducing GDP emission intensity by 45 per cent and achieving 50 per cent cumulative electric power installed capacity non-fossil fuel-based energy sources.

“The impressive 9.01 per cent net employment change in the power and energy sector signifies a clear path towards a greener future. With 62 per cent of industry participants expanding their workforce and leading cities such as Delhi, Bengaluru, and Mumbai driving this change, we have observed a remarkable shift in energy production and consumption,” said Subburathinam P, Chief Strategy Officer, TeamLease Services.

“The growing focus on green energy initiatives, industry 4.0, and systemic decarbonisation is propelling workforce growth in the power and energy industry. This progress is not only paving the way for achieving environmental goals but also boosting economic growth through job creation,” he added.

Further, the report showed that engineering positions are in the highest demand within the sector, with 67 per cent of respondents indicating growth. Sales roles follow at 60 per cent, demonstrating the sector's focus on expanding market reach while enhancing technical capabilities.

The report emphasised the critical role of green energy initiatives, industry 4.0 advancements, and systemic decarbonisation in accelerating power and energy sector workforce expansion.

--IANS

rvt/dan

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

Other SportsWimbledon 2025: Carlos Alcaraz dominates Tarvet to reach third round

EntertainmentPriyanka Chopra attends the Wimbledon Championship in London with husband Nick Jonas

CricketIND vs ENG 2nd Test: Shubman Gill’s Century Guides India to 310/5 at Stumps on Day One vs England (Watch Video)

AurangabadDespite court dispute over ownership, ₹15 lakh worth of household items stolen from city home

CricketGill scores another hundred, Jaiswal misses ton as India reach 310/5 at Birmingham

National Realted Stories

NationalRajasthan: Electricity connection to Hanuman Beniwal’s house disconnected over Rs 11 lakh pending dues

NationalArmy facilitates 44 Manipur students to clear JEE and NEET exams

NationalTripura CM to expand cabinet tomorrow

NationalINDIA bloc to EC: Bihar voter revision risks fairness, may exclude poor

NationalMaharashtra: Investment Proposals Worth Over Rs 1.35 Lakh Crore Approved, to Generate 1 Lakh Jobs