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Tata Group’s biggest announcement after Ratan Tata’s demise, made this plan

Sagar Patel

By Sagar Patel

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Tata Group Chairman N. Chandrasekaran

It hasn’t been much time since Ratan Tata’s death and Tata Group has made a big announcement. Tata group chairman N. Chandrasekaran on Tuesday said his group will generate five lakh manufacturing jobs in semiconductors, electric vehicles, batteries and related industries in the next five years. Ratan Tata passed away just a few days ago. After that, Noel Tata was appointed director of Tata Trust. Noel Tata is the half-brother of Ratan Tata. His mother’s name is Simone Tata. Who is the Chairman of Trent Limited? Let us also tell you what else the Tata Group Chairman has said in his announcement.

Tata Group to create 5 lakh jobs

Speaking at a seminar organized by the Indian Foundation for Quality Management (IFQM), the Tata Sons chairman said that India cannot achieve the goal of becoming a developed nation without a development policy. He said between our (Tata Group’s) investments in semiconductors, our investments in precision manufacturing, assembly, electric vehicles, batteries and related industries, I believe we will create five lakh manufacturing jobs in the next five years. Citing the group’s upcoming semiconductor plant in Assam and other new manufacturing units for electric vehicles and batteries, he said we are setting up many plants.

Otherwise India will not develop.

He thanked the government for its support for these initiatives and highlighted the need to generate employment in the manufacturing sector. Chandrasekaran said that if we cannot create employment in the manufacturing sector, then we will not be able to achieve the goals of a developed India, because we all know that 10 lakh people enter the workforce every month. Chandrasekaran said we need to create 10 lakh jobs. He highlighted the importance of new-age manufacturing, such as semiconductors, which generates eight to ten indirect jobs for every job created.

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Sagar Patel

Sagar Patel

I am Sagar Patel, specializing in business news reporting. With a keen focus on economic trends, market analysis, and corporate developments,

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