Bihar Conclave 2025

job creation

India’s unemployment rate is 2%, the lowest in the G20, said Labour Minister Mansukh Mandaviya, citing a WEF report.

India’s PLI scheme is transforming manufacturing with record investments, job creation, and growth in electronics, pharma, EVs, semiconductors and renewable energy.

EPFO added a record 2.18 million formal jobs in June 2025, the highest since 2018, led by youth and women.

PLI scheme approves 806 projects and disburses Rs 21,689 crore, boosting manufacturing, exports, and job creation across 14 key sectors in India.

Central ministries exceeded their FY25 MSE procurement target by over 94%, as per the MSME Ministry’s Sambandh portal.

India’s services sector saw solid growth in May, with firms reporting notable gains in activity, hiring, and overseas demand.

IKEA has announced plans to increase local sourcing in India from 30% to 50%, boosting both domestic and global supply.

Adani Ports and Special Economic Zone Ltd (APSEZ) has started operations at the Colombo West International Terminal (CWIT) in Sri Lanka.

The Ministry of Heavy Industries has highlighted the PLI Auto Scheme as a game-changer for India's automotive manufacturing sector.

India’s food processing industry is witnessing impressive growth, largely driven by the government’s Make in India initiative.