Moneycontrol quotes TCS Chairman Chandrasekaran as saying that future hiring will decrease. He stated that, in the future, the company aims to have an equal number of AI agents and human employees.
This is a significant shift, considering TCS is India's largest private sector employer.
In response to changing industry trends, Tamil Nadu has already been heavily focusing on skill development. For instance, the Tatas have invested Rs.2204 crores to transform 71 government Industrial Training Institutes (ITIs) across Tamil Nadu into advanced technology centers. These centers feature modern infrastructure and training facilities designed to meet Industry 4.0 standards.
Additionally, Tamil Nadu has launched courses in renewable energy that are currently achieving 100% job placement.
However, we need to do a lot more. The threat to traditional jobs is real. We must identify the roles that will be required for the future, making skilling and reskilling an ongoing, continuous process.
Let me explain guys.
The announcement was made in December with an MOU with TN govt. And then Central Govt, TN Govt and HD worked on the modalities of the type of incentives subsidies and locations and kind of infra support needed. A baseline understanding on the kind of incentives from central govt and state govt seem to have been agreed upon in April when Korean President came and met PM Modi. But they may still be dotting the ‘I’s and crossing the ‘t’s on certain nitpick details like whether a separate substation is needed, how the business would be incorporated etc and if so who funds it etc.
It is also possible that now MDL is out of contention, HD maybe negotiating for some more incentives.
So unless the two stakeholders sign on the dotted line it is always “not yet confirmed” from a corporate language. For ppl like @tnwatch1@saysatheesh who say it was all done earlier itself, no. DMK govt did the initial leg work and good for them. But the deal was not done and these kind of deals with centre and state incentives and ₹40,000 biz value takes time.
@dmuthuk Fully agree. Parandur is critical for Chennai’s growth and TN’s trillion-dollar ambition.
Hope the review leads to a practical solution that balances development with local concerns.
Second airport = more jobs, investment & connectivity!
@Kyunghoon_Kim_@dmuthuk Hey Kim pls bring more projects to TN we are here to support you guys and bring Samsung ship building to TN especially, they are the big players in this sector with LG CNS R&D office in Chennai, this will boost further.
@dmuthuk Thank you sir for your efforts on pushing Parandur airport. Also in general for showing true picture of Tamilnadu manufacturing and HDI success to RoI. Many of my North Indian friends have a perception that TN economy means only agriculture, temple tourism and some IT in Chennai.
@dmuthuk Chennai has earned the right to think big now 👍🏻
A city attracting global investments, GCCs and manufacturing projects cannot afford to think with yesterday's infrastructure.
There are concerns in TN about Mazagon Dock Shipbuilders considering an investment in AP.
Even true, is it bad for TN?
This could transform India’s SE coast facing the Bay of Bengal into a vibrant shipbuilding belt, linking HD-L&T-MDSL.
Growing ecosystems will benefit ALL!
Now that investors are confident of continuity and reconfirmed their trust in Tamil Nadu, we need to ensure continuity in new airport also for Chennai.
Parandur airport project should not be stopped. New airport in Chennai, second largest in India, would have huge positive impact on both Chennai and Tamil Nadu.
With all due respect, I think this view is misleading.
The TN–HD negotiations are moving at a remarkable pace, esp considering the scale and complexity of the project.
Calling December a long time ago is unfair to those of us who only recently packed away our Christmas trees.
The irony!
Some raising concerns about policy continuity after Tamil Nadu election are the same voices downplaying current govt because discussions on upcoming projects began under previous govt.
That IS policy continuity.
(Follow @UpdatesChennai@dmuthuk for a neutral view)
Improving our state and city is a work in progress. Lots and lots of area requires focus. But as a state, we've been moving in the right direction.
As I always say, having GDP percapita of more than Vietnam- our state is nowhere near it's look and feel. Urban planning, waste management, cleanliness- miles to go. But we'll be there.
@dmuthuk Chennai might tick many boxes other than a hep township that boasts of clean roads,a broad foot path with elegant shops to window shop,litter free garbage bins,a well painted pedestrian crossing and a 4/6lane road.
Even new townships are lacking these,why complain about Chennai.
This is a very important signal from the Tamil Nadu government, further strengthening the close Korea-TN industrial partnership.
A significant step forward for the shipbuilding partnership!
Thank you @Keerthana4VNR!
So true! I went on a trip to Yercaud back in April with my Bangalore colleagues, and everyone was absolutely awestruck by Salem. It’s huge, incredibly clean, well-connected, and has all the amenities of a major city. When I told them it’s not even in the top three in Tamil Nadu—ranking behind Chennai, Coimbatore, Madurai, and Trichy—they were amazed at how prosperous a Tier-2 city could be.
Honestly, if we just focus more on waste management, proper end-to-end roads in major urban areas, increasing our green cover, allowing higher FSI, and—most importantly—building new airports and expanding existing ones, it will be incredibly tough for other states to catch up with TN.
A very promising development for India's manufacturing and maritime ambitions. Shipbuilding creates far more than ships, it creates jobs, MSME opportunities, technology transfer, and an entire industrial ecosystem around it. If executed well, Thoothukudi has the potential to become a major maritime hub and a strong contributor to India's Blue Economy vision.
The key now is turning this vision into execution. 👏🇮🇳