Jaiprakash Associates to hire 2000, India

Jaiprakash Associates to hire 2000, India
Published: 04 March 2009

Construction and cement firm Jaiprakash Associates will hire 2,000 people in 2009 for its ongoing expansion projects, said executive chairman Manoj Gaur in a report with The Economic Times. He also said that the company plans to give performance bonus and salary hikes to its existing employees this year.

"Our manpower requirements are going to increase this year, as more cement plants are commissioned and construction on power plants and expressways progresses," said Mr Gaur.

Of the proposed 2,00 new hires, 600 will be in the officer grade, comprising engineers, MBAs, CAs, and other highly-skilled people, while the rest will come from the pool of skilled tradesmen, ITI graduates and diploma holders, said Mr Gaur.

The company’s thermal power project in Madhya Pradesh and hydropower project in Arunachal Pradesh will pick up steam in 2009. The company is expected to add around 11Mt of cement capacity by March 2010, increasing the need for manpower to run new plants. The company’s current installed cement capacity is 15Mt.

At the same time, work has already begun on 165km Yamuna Expressway linking Noida with Agra. The company is also executing the proposed 1047km eight-lane Ganga Expressway that would run along the Ganga river and connect western and eastern border of Uttar Pradesh.

Source: Economic Times