NALCO to hire 11,000 people in near future

NALCO says that it would offer cashless model to help MSMEs

GN Bureau | July 3, 2018


#NALCO   #PSU  

Considering the fact of three-fold growth in the consumption of steel and aluminium by 2030, NALCO CMD Tapan Kumar Chand has asserted that skilled manpower will be highly valued because of the improvement in the sector.

He said, “The pattern of employment is undergoing a drastic change. The skill sets need to be realigned to meet the demands of the industries and cutting edge technology will provide the competitive edge.”

Stressing on the importance of generating employment, he said, ‘’As Aluminium sector is expected to grow substantially, NALCO is geared up for the next wave of expansion. Over 11,000 people will be recruited by NALCO in the near future and we will shortlist the candidates from UPSC screened list. We will not take written test for these candidates since they have already been screened by the UPSC.’’

He said, “Out of Rs 28,000 crores that is planned to be pumped in for expansion, NALCO has already committed around Rs 8,000 crores for expansion of various mega projects to generate employment.’’

He lauded the contribution of the micro, small and medium enterprises (MSMEs) for their role in creating employment opportunities for nearly 15 lakh people in Odisha, but opined the MSMEs were limited by their ability to leverage purchasing power parity and lack of brand recognition. To address such issues, he said, “We are ready to offer cashless model to help the MSME players and lend NALCO’s credible brand name for their sustainability. All of us must come together to foster entrepreneurship of small and medium enterprises. There is huge scope as India is poised to be the third largest economy, leading to huge increase in the GDP.”
 

Comments

 

Other News

Here’s an I.D.E.A. for career growth and success

Success in today’s professional organisation is no longer solely determined by academic qualifications, technical expertise or years of experience. While these attributes do matter, organisations increasingly value individuals who demonstrate the right mindset and behavioural qualities. The ability

PM interacts with CEOs, founders of space startups

Prime minister Narendra Modi interacted with CEOs and Founders of 20 Space Startups at Seva Teerth on Friday.   CEOs of leading companies in the space sector working in diverse fields ranging from building rockets and reusable semi-cryogenic launch vehicles, avionics, satelli

From one cow to a dairy business

In 2012, Anita Dash wasn`t dreaming of building a dairy brand. She wasn`t studying business models or planning market expansion. Like countless mothers across India, her focus was on something much simpler: giving her children a better future.   At the time, her most valuable

Ethanol blending: The two sides of a story

India`s crude oil consumption is estimated to be around 88.5% imported from abroad. This one single figure is also responsible for why ethanol has become both an economic strategy and fuel policy at the same time. In an economy like India, which depends so heavily on foreign oil, any increase in internat

Food inflation: Not a macroeconomic statistic but a developmental indicator

India`s retail inflation shows a reassuring picture at first glance. According to the latest data, Consumer Price Index (CPI) inflation edged up to 4.38% in June 2026 from 3.93% in May 2026, but continued to remain within the Reserve Bank of India`s (RBI) target band of 4% (+/- 2%). However, beneath this

Skin in the game or masterful market timing?

When a company founder opens their personal chequebook to buy shares in their own business, stock markets usually applaud. To the average retail investor, it feels like the ultimate vote of confidence, a sign that the people running the show have real skin in the game and believe brighter days are ahead.

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter