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India's financial services sector is experiencing rapid expansion, driven by rising FDIs, increased income levels, and advancements in technology. Enhanced infrastructure spending and proactive measures by the Reserve Bank of India (RBI) have positioned the BFSI (Banking, Financial Services, and Insurance) sector for sustained growth, providing a competitive edge over other developing nations.
At Nora Staffing and Consulting, we leverage domain expertise and cost-effective solutions to deliver exceptional value to the BFSI sector. With a multidisciplinary team and global insights, we collaborate with clients ranging from SMEs to multinational corporations. By providing high-quality, technology-driven services, Nora drives innovation, efficiency, and sustainable growth in this dynamic industry.
The consumer business division contributes ₹2,500 Cr to Nora Staffing and Consulting's overall revenue, highlighting its significance in the company’s ₹8,200+ Cr annual turnover. This division represents 29% of the total associates employed, underlining its critical role in the organization.
Nora supports over 63,000 associates nationwide, partnering with 200+ clients across 32 states and Union Territories. Its regional operations are robust, with the west and south contributing 35% and 43% respectively, while the north and east represent 10% and 12%.
As a pivotal player in FMCG distributor and consumer management, Nora Staffing facilitates workforce formalization by integrating innovative staffing technologies, driving operational excellence, and supporting India’s evolving labor market.
The Indian manufacturing industry is experiencing significant growth, fueled by increased investments from domestic and international markets. With a burgeoning young workforce and supportive government initiatives, India is advancing towards becoming a global hi-tech manufacturing hub.
Multinational corporations in mobile, automotive, and luxury sectors are establishing bases in India, driving economic growth and job creation, with a target of 100 million new manufacturing jobs by 2022. Nora Staffing and Consulting empowers clients with integrated technology solutions, automating operations and enhancing workforce productivity, thereby driving improved business outcomes.
India's telecom sector, the world's second-largest with 1.17 billion subscribers, is poised for rapid growth driven by 5G and IoT integration. These advancements are transforming industries, demanding skilled professionals like network engineers, data analysts, and cybersecurity experts. With mobile penetration adding 500 million new internet users by 2025, the need for a 22-million-strong skilled workforce in 5G-centric technologies like AI and IoT is clear. Nora Staffing and Consulting bridges this gap, providing staffing solutions to support the sector's expansion and India's rise as a global digital leader.
The retail industry in India is a vital economic contributor, accounting for over 10% of the GDP and employing 35+ million people. With projections of 25 million new jobs by 2030, the sector is fueled by urbanization, increased disposable income, and evolving consumer trends. Additionally, the consumer digital economy is expected to reach $1 trillion by 2030, driven by e-commerce adoption. Nora Staffing and Consulting addresses workforce challenges in this dynamic environment by providing tailored hiring and training solutions, enabling businesses to thrive amid growth and digital transformation.
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