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.
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.
Nazara Technologies has greenlit a plan to raise up to ₹733.5 crore through a preferential allotment of equity shares. The capital is earmarked for acquisitions and broader business expansion. This marks a significant bet by one of India's most prominent listed gaming companies on scaling its footprint.
Mitti Labs has closed a $9.5 million Series A funding round led by Aramco Ventures alongside other investors. The agri-biotech startup plans to use the capital to deepen its presence across India while also launching new projects in the Philippines and Indonesia. The investment signals growing confidence in sustainable agriculture solutions in Asia.
Swiggy has laid out an ambitious profitability roadmap targeting Rs 10,000 crore in adjusted EBITDA by FY31, with its food delivery vertical alone expected to contribute Rs 5,000 crore. The company plans to achieve this through affordability-driven strategies and tighter operational efficiency. This multi-year growth plan signals sustained business scaling across its platforms.