Despite the slowing down of business in many countries of the world, India’s consumer market remains strong. Due to this confidence, the country’s big Indian and multinational (MNC) consumer companies are preparing to create about 5,000 new jobs in the next two years through new manufacturing plants and Global Capability Center (GCC).
PepsiCo will set up a new plant in Ujjain
PepsiCo on Tuesday announced that it will set up a new plant to manufacture beverage flavors at a cost of Rs 1,266 crore in Ujjain, Madhya Pradesh. About 500 people are likely to get employment in this project.
Eugene Willemsen, CEO of the company’s International Beverage Business, said that India is one of the most important growth markets in the world for them. This will be the company’s second flavor manufacturing plant in India and ninth in the world.
McDonald’s, L’Oréal and Carrier are also hiring
McDonald’s and L’Oréal are recruiting employees for their new Global Capability Center (GCC) in India. Carrier Global has planned to set up a new plant in Sri City, Andhra Pradesh at a cost of $ 100 million (about Rs 850 crore). The company will recruit 1,500 employees here.
L’Oréal will create 2,000 jobs by 2030
Beauty products maker L’Oréal is building its first global tech hub in Hyderabad at a cost of Rs 3,500 crore. The company says that through this project, about 2,000 skilled people will get employment by 2030.
Haleon will produce locally in India for the first time
Haleon (formerly GSK Consumer Healthcare), maker of Sensodyne toothpaste and Centrum supplement, is setting up a new plant worth Rs 2,000 crore in Madhya Pradesh. This will create about 500 direct jobs, while huge opportunities for indirect employment will also be created.
The company’s India and South Asia head Kedar Lele said that priority will be given to local talent, skill development and supplier network in this project.
Dabur is also increasing investment
Dabur is setting up a new greenfield plant in Tamil Nadu. According to the company’s CEO Mohit Malhotra, Rs 400 crore is being invested in this project, out of which work on about one-third investment has started. This plant is expected to generate about 250 direct jobs.
Carlsberg’s first IT GCC
Denmark’s Carlsberg Group is setting up its first IT Global Capability Center (GCC) in Gurugram. In the initial phase the company will recruit more than 300 IT professionals.
According to the company’s CIO Esther Wu, this center will strengthen the company’s IT systems, accelerate digital transformation and develop new technological capabilities.
Better career opportunities are available in India
Recruitment experts say that with the increasing expansion of GCC, new opportunities for jobs in different sectors and positions are being created in India. Most of the companies are giving priority to local talents only.
Sonal Bahl, partner of Positive Moves Consulting, said that GCC is no longer just a back-office. Here, employees are getting global responsibilities, opportunity to make faster decisions and better career growth, which is more attractive than many traditional jobs.
India’s demand remains strong
Although the pace of private sector activity slowed down slightly in June, according to HSBC’s Purchasing Managers’ Index (PMI) survey, domestic demand remains strong and the manufacturing sector continues to improve.
Experts say that despite US-Iran tension and uncertainty in global markets, India’s economic growth remains strong. This is the reason why big companies are continuously emphasizing on increasing investment in India and creating new jobs.
Leave a Reply