Employment in power & energy sector to surge 9%: Report

economictimes.indiatimes.com:

energy sector is expected to see a 9.01% surge in the first half of 2024-25, staffing firm TeamLease Services said in a report. This indicates the country’s move towards a low-carbon future driven by government initiatives, it said.

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According to the Employment Outlook Report, 62% of respondents plan to expand their workforce, 20% anticipate reductions and 18% expect no change in HY1 FY25.

The report covered 60 organisations from the power and energy sector and their projected talent demand.

“The impressive 9.01% net employment change in the power and energy sector signifies a clear path towards a greener future. With 62% of industry participants expanding their workforce and leading cities such as Delhi, Bengaluru and Mumbai driving this change, we have observed a remarkable shift in energy production and consumption," said Subburathinam P, chief strategy officer, TeamLease Services.

The growing focus on green energy initiatives, industry 4.0 and systemic decarbonisation is propelling workforce growth in the power and energy industry, he said. «This progress is not only paving the way for achieving environmental goals but also boosting economic growth through job creation,” Subburathinam added.

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