Source | economictimes.indiatimes.com
KOLKATA: At a time when the slowing economy has prompted companies across sectors to weigh manpower reduction, Coal IndiaNSE 0.57 % is planning to hire 9,000 people, 4,000 of them in executive cadre, to fill up vacancies.
This will be the biggest recruitment drive by the state-run miner and its subsidiaries in a decade. While the executives are picked up by the holding company, the workers and technical employees are recruited by its eight subsidiaries.
“Coal India is recruiting so many executives in a single year in almost a decade in an effort to fill up all the vacancies that have been pending for several years. Last year, we recruited only about 1,200 people,” a senior Coal India executive told ET.
The world’s largest coal producer is also India’s biggest public-sector employer after the Indian Railways with a staff strength of around 280,000. Close to 18,000 of them are executives.