Business
Ford’s present and former workers in India are on the job look out
With the US based Ford Motor Company deciding to shutdown its Maraimalainagar car plant near here, many employees/workers of Ford group in India are on the lookout for jobs.
“With Ford deciding to shut down its Maraimalainagar plant, workers may be on the look out for a job,” a Ford India Private Ltd worker told IANS.
The workers are negotiating with Ford India for a better severance package.
Apart from the car plant, Ford also has a global technology and business centre in India.
In September 2021, Ford India announced its decision to wind down vehicle assembly in Gujarat’s Sanand by the fourth quarter of 2021, and vehicle and engine manufacturing in Chennai by the second quarter of 2022.
Ford India has four plants in the country — vehicle and engine plants in Chennai and Sanand.
The workers at the Maraimalainagar plant are also dejected at being left out, as Ford India’s Gujarat plant and its workers will be taken over by Tata Motors’ subsidiary Tata Passenger Electric Mobility.
“As per our study of job seeker activities, 62.5 per cent of the ex-employees of Ford have been actively searching for jobs in the last one week,” Aditya Narayan Mishra, Director and CEO, CIEL HR Services, a human resources recruitment company told IANS.
About two per cent of the erstwhile Ford employees have been able to find a job in the last one year. Some of them have found employment opportunities in the automotive sector and some in the IT Services industry catering to the automotive sector, he added.
He said the data could be derived based on the changes, updates made online to the resume of the people registered with CIEL HR.
Companies like Tata Motors, MG Motors and greenfield projects like Triton have been evaluating these candidates, but the demand is not enough to absorb all the jobseekers, Mishra said.
Business
IMW 2025: PM Modi to spell out reforms in maritime sector today

Mumbai, Oct 29: Prime Minister Narendra Modi will address the Maritime Leaders Conclave and chair the Global Maritime CEO Forum at India Maritime Week (IMW) 2025, on Wednesday, during which he will spell out the reforms in the maritime sector.
The Global Maritime CEO Forum, the flagship event of IMW 2025, will bring together CEOs of global maritime companies, major investors, policy-makers, innovators, and international partners to deliberate on the future of the global maritime ecosystem. The Forum will serve as a key platform for dialogue on sustainable maritime growth, resilient supply chains, green shipping, and inclusive blue economy strategies.
PM Modi in his post on X on Tuesday said, “Looking forward to being in Mumbai tomorrow, 29th October, to attend programmes relating to the ongoing India Maritime Week 2025. I will speak at the Maritime Leaders Conclave and also chair the Global Maritime CEO Forum. This is a great forum to build collaborations in the maritime sector and highlight India’s reforms in the same.”
The Prime Minister’s participation reflects his deep commitment to an ambitious, future-oriented maritime transformation, aligned with the Maritime Amrit Kaal Vision 2047. This long-term vision, built on four strategic pillars – port-led development, shipping and shipbuilding, seamless logistics, and maritime skill-building – aims to position India among the world’s leading maritime powers.
IMW 2025 serves as the Union government’s premier global platform to translate this vision into action, bringing together leading stakeholders across shipping, ports, shipbuilding, cruise tourism, and blue economy finance, said the government release.
Under the theme ‘Uniting Oceans, One Maritime Vision’, the conclave, which began on October 27, will conclude on October 31. It will showcase India’s strategic roadmap to emerge as a global maritime hub and a leader in the Blue Economy.
IMW 2025 will draw participation from over 85 countries, featuring more than 1,00,000 delegates, 500+ exhibitors and 350+ international speakers.
Meanwhile, Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal on Tuesday said that India’s maritime sector forms the backbone of its economy, with over 95 per cent of the nation’s trade by volume moving through the sea. Under the Net Zero by 2070 commitment, India aims to reduce carbon emissions per ton of cargo by 30 per cent by 2030 and 70 per cent by 2047, making the sector a key driver of climate action.
Minister Sonowal emphasised that flagship initiatives such as the Sagarmala Programme, Maritime India Vision 2030, Harit Sagar Guidelines, and the Maritime Amrit Kaal Vision 2047 place sustainability, innovation, and climate responsibility at the core of India’s maritime growth.
“As we look toward Amrit Kaal 2047, our goal is not only to expand maritime capacity but also to make it greener, smarter, and more resilient,” said Minister Sonowal.
“With our unique geography along key global trade routes, India is poised to become a hub for green shipping corridors, connecting domestic and international markets through clean energy trade,” he added.
India’s first national shore-power standard will enable vessels to draw clean electricity while docked, significantly reducing port-side emissions. Ports like Jawaharlal Nehru Port Authority (JNPA) are leading the shift with battery-powered trucks and electric logistics systems toward zero-emission operations, said the minister.
“The maritime transition cannot be achieved in silos – it demands partnership among governments, industry, financiers, and technology leaders,” Minister Sonowal said.
“Together, we can ensure that the seas that connect us also unite us in purpose – to create a future where maritime trade drives both prosperity and sustainability,” he noted.
Business
India-EU FTA: Brussels delegation in New Delhi next week to achieve ‘constructive conclusion’

New Delhi, Oct 29: To advance the ongoing free trade agreement (FTA) negotiations, the EU technical team, led by Director General for Trade Sabine Weyand, will visit India next week with the objective of achieving a “constructive conclusion based on the potential solutions identified over the past two days”, an official statement said on Wednesday.
Union Commerce and Industry Minister, Piyush Goyal, visited Brussels from October 26-28 and had productive and meaningful engagements with Maros Sefcovic, European Commissioner for Trade and Economic Security and his team on outstanding issues related to the ongoing India-EU FTA negotiations.
“Both sides reaffirmed their shared commitment to conclude the India-EU FTA by the end of 2025, following the clear direction from Prime Minister Shri Narendra Modi and President of the European Commission Ursula von der Leyen during the College of Commissioners’ visit to New Delhi in February 2025,” according to the official statement.
The engagement focused on achieving a mutually beneficial, balanced and equitable trade agreement, reflecting the depth of political trust and the strategic ties between India and the European Union, and at the same time respecting each other’s sensitivities and priorities.
The statement further said that India recognises the importance of ensuring that the FTA remains balanced in addressing both tariff and non-tariff barriers and creating transparent and predictable regulatory frameworks that accelerate trade for both partners in the coming years.
There was intensive engagement to explore possible landing zones on the outstanding issues.
There was also a good discussion on India’s concerns on Non-Tariff Measures and the new EU regulations. During the negotiations, Goyal emphasised the need for preferential treatment for India’s key asks, particularly those with respect to labour-intensive sectors.
Both sides agreed to work closely to finalise the non-sensitive industrial tariff lines. They also agreed that issues related to Steel, Auto, CBAM, and other EU regulations still require further discussion, as these issues have higher sensitivities.
“India looks forward to working closely with the European Union to transform this vision into reality through shared innovation, balanced, equitable, and meaningful trade, and a collective commitment to peace and prosperity,” the statement noted.
Business
Panvel’s Koralwadi Tribals Announce Indefinite Hunger Strike Over Incomplete Road And Water Projects After Being Neglected For Years

Frustrated after years of administrative apathy, tribal residents of Koralwadi in Apta Group Gram Panchayat, Panvel taluka, have announced an indefinite hunger strike outside the Sub-Divisional Officer (SDO) office in Panvel, beginning Wednesday, October 29. The protest aims to demand accountability for substandard road construction and the incomplete Jal Jeevan Mission project.
“Despite being just 15 kilometres from Navi Mumbai, we live as if we are forgotten by the system. We still don’t have a proper road or clean drinking water,” said Gurudas Waghe, a resident of Koralwadi.
Supported by Gram Sanvardhan Samajik Sanstha and guided by social activist Santosh Thakur, villagers have long campaigned for basic infrastructure through rallies, petitions, and previous hunger strikes — all in vain.
After sustained protests, the government sanctioned two major projects — a drinking water supply scheme under Jal Jeevan Mission three years ago and a road connecting NH-17 (Taregav) to Koralwadi two years ago. However, locals allege both projects remain incomplete.
“The contractor completed the roadwork in April, and by May before the rains it was washed away. That’s how poor the construction was,” said one villager, accusing the Public Works Department (PWD) of gross negligence and misuse of funds.
Thakur demanded a vigilance inquiry into the project, alleging that officials are protecting contractors instead of taking corrective action.
Villagers also accused authorities of deliberately stalling the Jal Jeevan Mission scheme. “For three years, they’ve been giving false excuses. We are still waiting for a drop of that promised water,” said another resident.
Under the Katkari Upliftment Programme, several tribal families applied for ration cards and official documents two years ago. However, most still haven’t received them due to alleged negligence by the supply department. “We’ve visited government offices multiple times, but officials keep pushing us away,” villagers complained.
Announcing the protest, Santosh Thakur said, “This time, we will not back down. Until action is taken against negligent engineers and pending works are completed, our hunger strike will continue indefinitely.”
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