In September 2014, the Indian government launched the ‘Make in India’ initiative. The main purpose of the initiative is to create 100 million manufacturing jobs in India and solve the unemployment issue. Just after one and a half year of the launch, India received 250 billion USD worth of investment commitments. It also received investment inquiries of worth 23 billion USD. Since then ‘Make in India’ has been showing a decent growth. After having a boom in the electronics manufacturing sector, the automobile manufacturing sector is booming too as the South Korean automobile giant, ‘Kia Motors’ has pledged it’s investment in India.
In this article, I will discuss how ‘Make in India’ is acting as a solution to unemployment. Later, I will discuss how Kia Motors plans to create 11,000 manufacturing jobs in India and where to apply for these jobs.
Make In India | A Solution to Unemployment
The ‘Make in India’ initiative plans to make India manufacturing hub. The initiative is similar to China’s initiative to allow foreign direct investment(FDI) launched in 1980. The initiative was launched to create manufacturing job opportunities for Chinese localities. For this reason, China is now known as the Silicon Valley of hardware. However, the circumstances are changing now. Several companies are looking to set up their manufacturing plants in some other South Asian countries as the Chinese labors aren’t cheap anymore. This creates a huge opportunity for India, the only South Asian country with an abundant supply of cheap labors.
Brief on Progress of ‘Make in India’
Make in India initiative has shown a great progress so far as India has surpassed USA and China, with 60.1 billion USD FDI in 2015. In Fact, India rose 42 places on ease of doing business index, 32 places World Economic Forum’s Global Competitiveness Index, and 19 notches in the Logistics Performance Index after the announcement of Make In India initiative. Various electronic companies have already pledged their investment in India to set up their manufacturing plant & create manufacturing jobs. In fact, the electronic manufacturing sector is all set to create 28 million jobs by 2020. Some of the electronics manufacturing companies who invested in India are as follows:-
The mobile manufacturing giant ‘Foxconn’ has pledged an investment of 5 billion USD for over 5 years in research and development and hi-tech semiconductor manufacturing facility in Maharashtra. The company Foxconn is a hidden company who is a manufacturing supplier for top companies like Apple, Nokia, Blackberry, Play Station, Xbox etc. They aim to create around 1 million job opportunities in India. Being a hidden company, Foxconn can act as a way to your ‘Dream Mechanical Company‘.
Lenovo manufacturing of Motorola has set-up a manufacturing plant at Sriperumbudur near Chennai which is run by Flextronics.
3. Spice Group
Spice group has already invested 77 million USD in mobile phone manufacturing unit in Uttar Pradesh.
Vivo Mobile India has also begun the manufacturing of VIVO smartphones at a plant in Greater Noida with 2,200 employs.
–> And now INDIA is getting investments in the Automobile Sector as well as Korean giant ‘Kia Motors’ pledged investment in India In April 2017.
Kia Motors in India
Kia Motors Corporation is a South Korean automobile manufacturer, headquartered in Seoul. It is the second-largest automaker in South Korea. It is also the eighth largest in the world as the sales volume of Kia Motors in 2015 was over 3.3 million vehicles. Now, Kia Motors have made its debut in India at the Auto Expo 2018 in Greater Noida.
The South Korean automaker ‘Kia Motors’ will invest 1.1 billion USD i.e. over Rs 7,000 Crore for setting up its manufacturing facility in Anantapur, Andhra Pradesh. The manufacturing facility will be a 23 million sq feet (2.16 sq km/536 acres) site at Penukonda, about 75 km from Anantapur. The plant will have the facilities for stamping, welding, painting, and assembly. This is a major boost to Andhra Pradesh Chief Minister N Chandrababu Naidu’s plans to develop an automotive hub in Andhra Pradesh. Moreover, the Kia project is likely to see an overall investment of about $2 billion from associates and vendors.
Highlights from Kia Motors India
The construction of the new facility, with a capacity to produce 3 lakh units a year has been already completed. Later, it will have a capacity to produce 10 lakh units per annum. The production is likely to begin in the second half of 2019 also it will start its retail sales in the country by the very same year. Kia will initially come up with a compact sedan and a compact SUV. It will also introduce India’s exclusive compact electric vehicle, in the country between 2019 and 2021. As a result, the project is likely to create permanent and temporary jobs for about 11,000 people.
Jobs by Kia Motors
The KIA Motors frame installation ceremony was held on 22nd of February, 2018 at the plant located at Yerramanchi village of Penugonda mandal of Anantapur district, Andhra Pradesh. At the present time, Kia Motors India are already a month ahead of their schedule. Once fully operational, this plant will generate approximately 3000 jobs and will produce 3 lakh cars annually. In fact, Kia motors have already started their recruitment process in India.
How to apply?
The online form submission is open on Kia Motors India website. You can either use this or other trusted job portals to apply for the job. Moreover, the application can also be submitted on social media platform ‘LinkedIn’. Follow the links below to apply for Kia Motors jobs.
- Kia Motors India Website – Click Here
- All India Jobs Website – Click Here
- Naukri Alerts Website – Click Here
- Apply on LinkedIn – Click Here or Here
Best of Luck!