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Tag: US manufacturing

Infosys Offers Upskilling After Layoffs Hit 240

Amid ongoing market challenges and subdued demand, Indian IT major Infosys has reportedly laid off an additional 240 entry-level employees after they failed to clear internal assessments. The layoffs, reported by Moneycontrol, were communicated through company emails sent on April 18, 2025. Internal Assessments Prompt Layoffs Amid Demand Uncertainty This is the second round of performance-linked terminations this year, following the exit of over 300 trainees...

Energy Storage Market to 5X by 2032

India’s energy storage sector is projected to grow five-fold between 2026 and 2032, drawing investments worth ₹4.79 lakh crore, according to a forecast by the India Energy Storage Alliance (IESA). The announcement was made during the 5th edition of the International Conference on Stationary Energy Storage India (SESI) 2025, held in Gandhinagar, Gujarat. Major Growth Driven by Renewable Expansion and Storage Demand The National Electricity Plan...
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