Apple to build hostels for 100,000 Women Workers across India
Business Standard|November 07, 2024
Apple is executing an ambitious plan with its vendors to provide hostel facilities for 100,000 women employees across its factories, marking the largest such initiative by any company in India.
SURAJEET DAS GUPTA
Apple to build hostels for 100,000 Women Workers across India

Built under a public-private partnership (PPP) model, these residential facilities are anticipated to be ready by the end of the financial year.

Similar housing models in China and Vietnam have proven successful by enhancing worker efficiency and ensuring the safety of women employees.

To bring this project to fruition, companies within the Apple ecosystem are collaborating with state governments and private sector partners. This will constitute the largest set of hostel facilities built or leased at individual factory sites or by an ecosystem across multiple factories in India's industrial history.

Denne historien er fra November 07, 2024-utgaven av Business Standard.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra November 07, 2024-utgaven av Business Standard.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA BUSINESS STANDARDSe alt
CESS AND SENSIBILITY
Business Standard

CESS AND SENSIBILITY

Southern states say cess and surcharge eat into their share of resources, urge 16th Finance Commission to consider contribution to national economy

time-read
4 mins  |
November 27, 2024
Over 6K pollution plaints in Delhi since Oct 2021; 38% still unresolved: CPCB
Business Standard

Over 6K pollution plaints in Delhi since Oct 2021; 38% still unresolved: CPCB

Delhi registered 6,170 complaints related to air pollution between October 15, 2021 and November 19, 2024, with 2,333 (38 per cent) of these remaining unresolved, according to data from the Central Pollution Control Board (CPCB).

time-read
1 min  |
November 27, 2024
Business Standard

India's transport future balances fossil fuels and clean tech

Fossil fuels will continue to play an important role in India's transportation sector, even as alternative fuel technologies see multifold growth.

time-read
1 min  |
November 27, 2024
Indians see wallets drain by ₹485 crore in 'UPI scams' in FY25
Business Standard

Indians see wallets drain by ₹485 crore in 'UPI scams' in FY25

Over 600,000 incidents of fraud have been reported in the ongoing financial year till September

time-read
1 min  |
November 27, 2024
Future of television is smart and networked
Business Standard

Future of television is smart and networked

The smart TV market has been stagnant. Is Dor the disruption it needs?

time-read
3 mins  |
November 27, 2024
Business Standard

Centre spent ₹3,623 crore on crop residue mgmt since 2018: Environment minister

Since 2018, the Centre has spent ₹3,623.45 crore on crop residue management in Delhi, Punjab, Haryana, and Uttar Pradesh, with ₹1,681.45 crore allocated to Punjab, the highest among the states, Union Minister of State for Environment, Forest and Climate Change Kirti Vardhan Singh said in the Lok Sabha.

time-read
1 min  |
November 27, 2024
Business Standard

Silver prices as volatile as stocks: Should you pick gold or silver?

A Motilal Oswal Private Wealth (MOPW) report released on November 25 shows that between 1990 and October 2024, silver's price has been just as volatile as Indian stocks.

time-read
1 min  |
November 27, 2024
Tech stocks gain as recovery takes hold
Business Standard

Tech stocks gain as recovery takes hold

Nifty IT index hits all-time high as IT outlook turns positive

time-read
2 mins  |
November 27, 2024
Adani group stocks settle in red
Business Standard

Adani group stocks settle in red

UNDER PRESSURE

time-read
1 min  |
November 27, 2024
Enviro Infra booked 89.9 times on last day
Business Standard

Enviro Infra booked 89.9 times on last day

The initial public offering (IPO) of sewage treatment solutions provider Enviro Infra Engineers was subscribed 89.90 times on the closing day of bidding on Tuesday.

time-read
1 min  |
November 27, 2024