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Anil Ambani group to hire 90,000 people:Going aginst the wind

by anamika.mis15 | December 20, 2008 at 03:23 am

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Anil Ambani is known for his aggressive style of business.Going against the tide, in this recessionary phase is really shocking. When all the major group are on firing spree or halted there hiring, this move of ADAG is going to start a chain reaction in coming days.

Anil Dhirubhai Ambani Group (ADAG) on Friday said it is planning to create 90,000 new jobs in the next few months, defying any

pressure due to economic slowdown.

A spokesperson said the company is creating up to 90,000 employment opportunities in insurance and other finance companies. Within three months, ADAG plans to recruit 75,000 to 90,000 agents and sales representatives to sell their tax savings and other financial products.

The spokesperson said that the company would like to tap the opportunities created by the fall in interest rates. He said with interest rates coming down, investment climates will improve. Besides, 90,000 agents and sales representative, he said, the company will appoint 2,500 sales managers in the insurance sector alone.

Besides this, he added that, there is not much impact on the telecommunication business so far due to slowdown in the economy and a large number of employees are being hired in the Reliance Energy and Reliance Infrastructure. He said the company is in the process of implementing a number of power plants in the country.