Archive for February, 2010

Research & Development is the focus at Maruti Suzuki

Tuesday, February 23rd, 2010

“More than half the number of cars sold in India wear a Maruti Suzuki badge”, the opening statement in the official website of Maruti Suzuki, a subsidiary of Suzuki Motor Corporation in Japan.

The leading Indian carmaker will be expanding its operations in the consumer driven market. Maruti Suzuki, will hire 3, 000 people in span of next 3 years. Maruti,  currently employees 7, 500 people.

S Y Siddiqui, head of human resources at Maruti, which is 54.2 per cent owned by Suzuki Motor Corp, said the company would add 500 staff to its research and development (R&D) and design departments, including about 20 from Europe and Japan.

“The idea behind hiring from overseas is driven by their specialized skill sets in design. We are looking at an R&D strength of 1,500 people by 2012 as by then we will be fully independent in R&D,” he said.

The company employees about 10 people from Detroit who master in specialized designs, he said.

The company is all set to reach the one million vehicle sales target in the current financial year.

True Entrepreneurs

Monday, February 22nd, 2010

Students in the Top Indian Management Institution have no “jobs”!! These students have turned entrepreneurs while still in college and will be creating employment opportunities for others. The different entrepreneurial ventures are diverse in their own way.

Tea lovers couldn’t find a better place until “Just Tea” an outlet came up in the IIM-Lucknow campus. Ghazala Tabassum along with 3 of her colleagues started this outlet within the campus which specializes in imported and exotic-tea making.

Students on campus have not left any area untapped as it could be the next big thing in business like from recycling household waste to making solar lamps or even selling scented candles.

Waste management is the government’s job is what most of us think, unlike Mr. Shalabh Agrawal (25) from IIM-Indore who sees a potential opportunity in waste management and intends to start his own venture wherein he plans to collect and dispose solid waste and recycle it through his venture . “In India, municipal corporations cannot handle wastes well. We will focus on door-to-door collection,” Mr Agrawal says.

A few students have already a business unit within the campus and they also intend to expand it from there. But a few of them are still working on their respective business plans without being a part of the final placements. For now the incubation cell will definitely be the place for these students as they want to make it out on their own from these top management institutes.

Source: http://economictimes.indiatimes.com/news/news-by-industry/jobs/IIM-students-take-the-enterprising-route–/articleshow/5585928.cms