| | DECEMBER, 20249TECH MINTReport claims that about 7.1 percent of workforce growth is anticipated for the October­March FY25 period, with 59 percent of companies planning to expand their manpower, driven by the manufacturing, logistics, and e-commerce sectors.Titled the 'Employment Outlook Report for October 2024 to March 2025' by TeamLease Services, the report states that an additional 22 percent are expected to retain their existing manpower.Going by primary and secondary research, about 1,307 employers from 20 locations and 23 industries participated by sharing their inputs for the report.The fetched results indicate a dynamic recruiting environment with macroeconomic variables and industry-specific demands appearing to be greatly influencing employment patterns.Industries were noted to be making significant investments in infrastructure and technical improvements, such as logistics, EV and EV infrastructure, agriculture and agrochemicals, and e-commerce, will be the primary drivers of this expansion.Among them, the logistics industry worked uniquely by having a 14.2 percent net employment change, as 69 percent of businesses are on the hunt for more individuals to join their endeavor.In terms of the sector's adoption of 5G logistics, green supply chain projects, and the advantages of implementing the National Logistics Policy are believed to be the main factors for this increase.The report showed that logistics is followed by EV and EV Infrastructure (12.1 percent), agriculture and agrochemicals (10.5 percent), and e-commerce and tech startups (8.9 percent). These startups are leveraging Web 3.0 applications, AI-enabled customer insights, and seasonal demand from the holiday season.In accordance with the research, places such as Coimbatore (24.6 percent) and Gurugram (22.6 percent) are developing as employment hotspots, signifying a decentralization of work prospects outside of conventional metro areas.Demand in cities like Coimbatore, Gurugram, Jaipur, Lucknow, and Nagpur indicates a wider spread of job growth across India, which furthers the appeal of smaller cities as viable alternatives for both companies and job seekers, the report added, even though Bangalore (53.1 percent), Mumbai (50.2 percent), and Hyderabad (48.2 percent) remained central employment anchors with high workforce demand. Australia's Indian Ocean territory of Christmas Island will be connected by subsea cable to the northern garrison city of Darwin, a project backed by Google's Alphabet that Australia says will boost its digital resilience.With only 1,250 residents, Christmas Island lies 1,500 kilometers (930 miles) west of the Australian continent and is well situated in the Indian Ocean, 350 kilometers (215 miles) from Jakarta.As the U.S. and Australian forces modernize airfields in Australia's north, where Japanese troops will join a rotational group of U.S. Marines next year, the cable announcement was made.According to a statement from Google's vice president of global network infrastructure, Brian Quigley, the Bosun cable will connect Darwin to Christmas Island, while another undersea cable will connect Melbourne on Australia's east coast to Perth on the west coast and then to Christmas Island and Singapore.By constructing additional underwater cable routes to Asia to the west and the United States via the South Pacific, Australia hopes to lessen its vulnerability to digital disruption.Communications Minister Michelle Rowland says, "These new cable systems will not only expand and strengthen the resilience of Australia's digital connectivity through new and diversified routes but will also complement the Government's active work with industry and government partners to support secure, resilient, and reliable connectivity across the Pacific."The other partners in the cable project are Subco, a telecommunications business sponsored by Macquarie, and NextDC, an Australian data center provider.With spurs to the U.S. military outpost of Diego Garcia and Cocos Islands, where Australia is renovating a runway for defense surveillance aircraft, Subco previously constructed an Indian Ocean cable from Perth to Oman.The Australian Defence Force has stated that Christmas Island is essential to its maritime surveillance operations in an area where China is increasing submarine activity, even though it is just 900 kilometers (560 miles) away from Cocos Islands in the Indian Ocean. REPORTS PREDICTS 7.1 PERCENT WORKFORCE GROWTH FOR OCTOBER-MARCH FY25GOOGLE TO BUILD A SUBMARINE CABLE TO LINK THE NORTHERN GARRISON CITY OF DARWIN
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