SEPTEMBER, 20249INDIA SEEKS FUNDING FROM KOREA & JAPAN TO BOOST SHIPPING SUPPLY CHAINAMAZON INDIA CREATES 1L+ SEASONAL JOBS FOR FESTIVE SEASONIndia is looking for investments and technology transfers from South Korea and Japan in order to create shipbuilding and ship repair clusters to enhance the domestic shipping supply chain in the country. At present, India's share in the worldwide shipbuilding industry is less than 1Percent, with China, South Korea, and Japan being the major players."We are looking at South Korea and Japan for investments and technology transfer for establishing shipbuilding and ship repair clusters in India," TK Ramachandran, Secretary in Ministry of Ports, Shipping and Waterways (MoPSW), added.Ramachandran visited Goa for the 20th Maritime State Development Council (MSDC), where they talked about a large shipbuilding park that would cover several states."We have communicated to them (South Korea and Japan) that you come with your technology and investments, we will provide you land for setting up shipbuilding and ship repair clusters," he said.The Indian delegation has met with officials and organizations in South Korea to gauge their interest in investing in India for the establishment of shipbuilding and repair facilities at its planned mega shipbuilding parks, as stated by the secretary. A comparable activity is suggested for Japan to assess their desire for engaging in shipbuilding projects in India.Ramachandran further mentioned that Sarbananda Sonowal, the Union Minister of Ports, Shipping, and Waterways, has sent letters to all state chief ministers requesting immediate land allocation in case Japanese or Korean companies show interest in establishing shipbuilding and ship repair clusters in their respective states. Amazon India said it has created more than 110,000 seasonal job opportunities across its operations network to cater to increased demand during the festive season. These opportunities include direct and indirect jobs across India in cities such as Mumbai, Delhi, Pune, Bangalore, Hyderabad, Kolkata, Lucknow, and Chennai, among others, a company statement said."We have hired over 1.1 lakh additional people to strengthen our fulfillment and logistics network and ensure we can handle the increased demand seamlessly. A number of these associates continue to work with Amazon even after the festive season and many others return year after year to work with Amazon," said Abhinav Singh, VP--Operations, Amazon India.A majority of these new hires have already been onboarded, the statement said. Amazon has hired thousands of women associates and close to 1900 disabled persons into its existing network, it added."It is encouraging to see the company hiring a significant number of women and persons with disabilities for these roles while prioritizing its associates' well-being through initiatives focused on their safety, healthcare, and educational support. TOP STORIESSEPTEMBER, 20249
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