India Semiconductor Jobs: 1 Million by 2026

By By Rediff Money Desk, Mumbai
Nov 11, 2024 19:52
India's semiconductor sector is set to create 1 million jobs by 2026, driven by government support and private investment. The industry faces a talent shortage, highlighting the need for workforce development programs and skill training.
Photograph: Rahul Singh/ANI Photo
Mumbai, Nov 11 (PTI) As India is moving to become a semiconductor manufacturing hub, the industry is poised to generate 1 million jobs across varied sectors by 2026, a report said on Monday.

This demand is expected to be seen in various categories, including an estimated 3,00,000 jobs in chip semiconductor fabrication, around 2,00,000 positions in ATMP (Assembly, Testing, Marking, and Packaging), and additional roles in chip design, software development, system circuits, and manufacturing supply chain management, said a report by talent solutions company NLB Services.

Further, the report revealed that there will be a demand for a skilled workforce, including engineers, operators, technicians, and specialists in quality control, procurement, and materials engineering, emphasizing India's strategy to build a robust semiconductor talent pipeline by 2026, it added.

In addition to the government backing the semiconductor industry, many private companies have disclosed intentions to invest in building new semiconductor assembly and testing facilities in India, the report is based on internal data analysis and industry reports noted.

This action, it said, is set to trigger a significant revolution in India's semiconductor sector, creating a plethora of high-tech and construction job openings in tandem.

Some of the key jobs in the semiconductor industry are Process Integration Engineer, Semiconductor Wafer Inspector, Technical Specialist, Preventative Maintenance (PM) Technician, Design Engineer, Process Engineer, Quality Control Specialist, among others.

However, the report revealed that as the industry aims to broaden manufacturing to sustain projected growth, it grapples with a talent deficit.

Looking ahead, workforce development programs and skill training will prove pivotal in addressing this challenge, it said.

"India recognises the significance of cultivating world-class talent to foster a strong semiconductor ecosystem, understanding that high-quality education forms the bedrock of this endeavour. To ensure a sufficient talent pipeline for the semiconductor, industry reskilling and upskilling become crucial. To reach the target of having 1 million skilled employees by 2026 for India to become the semiconductor hub, India will need to upskill 5,00,000 talents every year," NLB Services CEO Sachin Alug said.

Offering students real hands-on training through internships is crucial to ensure a steady flow of skilled local talent into India's nascent semiconductor industry, he said.

"These internships provide invaluable practical experience, enhancing students' skills and ultimately strengthening India's semiconductor talent pool. Overall, in the next 2-3 years, we expect the investment in skilling and re-skilling to go up by 25 per cent," he added.
Source: PTI
Read More On:
indiajobsmanufacturingtalentsemiconductor
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

FSSAI Reclassifies Packaged Water as High-Risk,...

The FSSAI has reclassified packaged drinking water as a high-risk food category,...

Sebi Bans 'Baap of Chart' & 6 Others for...

Sebi has banned 'Baap of Chart' and six others for one year for providing unregistered...

RBI Urges Banks to Reduce Inoperative Accounts

The RBI has directed banks to reduce inoperative accounts urgently, citing concerns...

Mphasis F1 Foundation, Nudge Institute Offer Rs...

Mphasis F1 Foundation and The/Nudge Institute announce a competition with a prize purse...

APFD, APFDC & ISB Partner to Revitalize Forest...

Andhra Pradesh government and ISB collaborate to empower women and revitalize forest...

Torrent Power Opens QIP at Rs 1,555.75

Torrent Power has opened a qualified institutional placement (QIP) of shares at a floor...

Home First Finance Stake Sold for Rs 1,728 Crore

Promoters of Home First Finance and Warburg Pincus affiliate divest 19.6% stake in the...

Kerala Attracts Rs 44,000 Crore Investment:...

Kerala has attracted Rs 44,000 crore investment from domestic entrepreneurs in the last...

Hindustan Coca-Cola Beverages Opens New...

Telangana Chief Minister A Revanth Reddy inaugurated Hindustan Coca-Cola Beverages' new...

RBI to Hold Rates, Analysts Cut Growth Estimates

Analysts expect the Reserve Bank of India to keep rates unchanged on Friday, but cut...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2024 Rediff.com