Expansions, layoffs, funding, leadership moves, and policy shifts — with our take on what it means for hiring in India, today and over the next five years.
OpenAI is prioritising Indic language support and voice-based AI as core research areas, signalling a serious commitment to the Indian market. The company is also reducing the cost of its models and forging closer relationships with Indian startups to accelerate adoption. This marks a strategic deepening of OpenAI's India presence beyond just selling existing products.
Samvardhana Motherson International more than doubled its net profit in the April–June quarter while revenue crossed Rs 35,000 crore, a company record. The auto components giant commissioned three new manufacturing plants during the period and announced the acquisition of Chinese tech firm Shenzhen Autocruis. The company's debt levels are at an all-time low, signalling financial headroom for further growth.
Emami Group's edible oil and food business, Emami Agrotech, plans to invest Rs 400 crore in a new food manufacturing park in West Bengal. The facility will bring together production of its expanding portfolio — which now spans edible oils, atta, spices, besan, soya chunks, suji, and packaged snacks — under one roof. The company is also exploring an IPO for Emami Agrotech, signalling ambitions to scale significantly.
RITES, the public sector rail consultancy and export arm, is converting surplus broad-gauge diesel locomotives from Indian Railways into standard-gauge versions suited for international rail networks. The initiative targets freight operators in Australia, Europe, and the Americas, positioning India as a cost-competitive supplier of refurbished rolling stock. This marks a meaningful push by a government-backed entity into high-value engineering exports.
Milky Mist is preparing to list on Indian stock markets, positioning itself as a challenger to cooperative heavyweights like Amul and Mother Dairy. The company's growth strategy centres on value-added dairy products such as paneer rather than commodity milk, signalling a shift in how private players are competing in the sector.
SBI Life Insurance has entered into a bancassurance partnership with Jammu & Kashmir Bank, enabling the insurer's products to be distributed through over a thousand J&K Bank branches across India. The tie-up is designed to deepen insurance penetration in underserved regions and push India closer to its 'Insurance for All by 2047' ambition. Both institutions aim to offer a broader range of life insurance solutions to a wider customer base through this channel.
Global real estate services firm JLL has inaugurated a 120,000 sq ft Global Capability Centre in Hyderabad, marking a significant bet on India as a strategic operations hub. The facility is designed to serve JLL's worldwide business lines and client functions. The company intends to bring approximately 1,600 professionals on board over the coming years, with an emphasis on AI-driven productivity.
Emami Agrotech has launched a new packaged snacks brand called WeMe, marking its entry into India's massive Rs 50,000-crore snacks segment. The company has committed Rs 750 crore to build the business, including plans for a greenfield manufacturing facility in West Bengal estimated at around Rs 400 crore.
SBI Life Insurance has entered into a bancassurance partnership with Jammu & Kashmir Bank, enabling customers at over a thousand J&K Bank branches across India to access SBI Life's range of life insurance products. The tie-up is designed to deepen insurance penetration in underserved regions, particularly in Jammu & Kashmir and the North. Both institutions frame this alliance as a step toward India's broader 'Insurance for All by 2047' ambition.
Pidilite Industries is projecting strong double-digit volume growth for FY27, backed by healthy demand across both urban and rural markets. The adhesives-and-chemicals major is actively diversifying its supply chain to manage geopolitical risks while keeping its EBITDA margin guidance steady at 20–24%. Price hikes have been deployed to cushion the impact of rising input costs.
Coal India has won rights to the Gadadharpur iron ore block in Odisha, marking its first foray beyond coal into iron ore extraction. India's iron ore output is expected to grow substantially by 2026-27, with Odisha playing a central role in feeding planned expansions in domestic steel capacity. The move signals a broader diversification of the public-sector mining giant's operations.
Chennai-based dronetech startup Garuda Aerospace has received regulatory approval from SEBI to proceed with an IPO aimed at raising over ₹750 crore. This milestone clears the path for the company to access public capital markets and scale its operations. The development marks a significant moment for India's emerging drone technology sector.