Topic
labor shortage
Technology L&T bets on automation and robotics to overcome construction labour challenges
Larsen & Toubro (L&T) is investing heavily in automation, robotics, and prefabrication to address construction labour shortages. CFO R Shankar Raman said the company's order book has doubled to Rs 7.5 lakh crore while workforce grew only from 1.5 lakh to 4 lakh. Robots now handle welding, painting, and plastering as 'digital workers', reducing reliance on traditional labour.
The factory floor ran out of people, and no hiring strategy will fix it
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Logistics Shipping faces talent crisis as aging workforce threatens global maritime operat
The global shipping industry is grappling with a severe talent shortage, as an aging workforce and recruitment gaps threaten operations. At a BIMCO seminar in Athens, leaders warned that around 20,000 seafarers remain stuck in the Persian Gulf, highlighting the human cost of geopolitical conflicts. Industry experts called for collective action to attract young talent, retain experienced personnel, and address seafarer welfare and criminalization issues.