With a 132% growth in recruits, the Reliance Retail unit now represents 63% of the group’s total workforce of 3,42,982 people.
The total workforce of the nation’s largest company – Reliance Industries – topped the 300,000 mark for the first time in fiscal 2022 as the company ramped up hiring in its retail unit , shifting from a pure commodity player to a service-oriented player. conglomerate.
In the process, the oil-to-retail-to-telecommunications giant has also eclipsed IT leader Infosys and state-owned companies like Coal India and State Bank of India (SBI) in number of employees on board.
|CDS||4,24,285||4,48,464||4 88 649||5,92,195|
|RIL||1,94,056||1 95 618||2,36,334||3,42,982|
|Coal India||2 85 479||2,72,445||2,59,016||2,48,550|
|Wipro||1 71 425||1 82 886||2 01 665||2,43,073|
|HCL Technologies||1,37,965||1 50 423||1 68 977||2 08 877|
Reliance Industries added as many as 2,32,822 new employees to its fold during the year, but lost 99,524 employees due to voluntary separation. The company does not disclose involuntary exits. Women represented 18.4% of its total workforce at the end of March 2022.
With a 132% growth in recruitment, the Reliance Retail unit now represents 63% of the group’s total workforce. Parent company RIL had 22,642 employees in March 2022.
Number of employees (as of March 2022)
|Total Reliance employees||3,42,982|
The group’s overall workforce, including RIL, Jio, Retail, Media and Malaysia operations, jumped 45% to 3,42,982 in March 2022 from 2,36,334 as of March 31, 2021, according to Bloomberg data.
“As one of India’s largest private sector employers, Reliance is focused on promoting the sustainable development of its human capital through a well-defined strategy underlined with care, empathy, inclusiveness and respect,” the company said. in its annual report.
Software giant Tata Consultancy Services (TCS) continued to hold the top spot in employee numbers, according to data from Bloomberg. Apart from TCS and RIL, the only other company with more than 300,000 employees was Infosys.
Other companies with more than 200,000 employees include Coal India, SBI, Wipro and HCL Technologies.
While the workforces of TCS and Infosys have grown at a compound rate of approximately 9% over the past five years, HCL Technologies has seen its workforce grow by 12.5% over the same period.
Being the biggest job generator, the top four software exporters – TCS, Infosys, HCL Technologies and Wipro – together had 13.58 lakh employees at the end of March 2022.
(Edited by : Amrita Das)
First post: STI
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