Nalco CMD Dr Tapan Kumar Chand on Thursday said, “Contemporary time is not the age of capital, it is the age of ideas.”
Speaking at an international seminar on ‘Skilling India: Need for Redefining Commerce Education in India’ organised by the Utkal University here, Dr Chand said the consumption of steel and aluminium is expected to grow three fold by 2030 and skilled manpower would be highly valued. “The pattern of employment is undergoing a drastic change. The skill sets need to be realigned to meet the demands of the industries and cutting edge technology will provide the competitive edge,” he observed.
Dr Chand said, “Nalco is gearing up for its next wave of expansion. Over 11,000 people will be recruited by Nalco in the near future. We will shortlist the candidates from the UPSC-screened list. We will not take written test for these candidates since they have already been screened by the UPSC.”
Dr Chand praised the contribution of the Micro, Small and Medium Enterprises (MSMEs) in creating employment opportunities for nearly 15 lakh people in Odisha, but he opined that the MSMEs are limited by their ability to leverage purchasing power parity and lack of brand recognition. To address these issues, he said, “As a responsible mother plant in Odisha, we are ready to offer cashless model to help the MSME players and lend Nalco’s credible brand name for their sustainability.”