Semiconductor & Components Sector To Create 3 Lakh Jobs By 2025-26

- Advertisement -
  • As per ESSCI, its study provides a roadmap for the growth of the Indian semiconductor industry and employment opportunities
  • The Indian semiconductor industry is growing at a CAGR of around 15% since 2015

After recently conducting a skill gap study on the semiconductor industry in India, the Electronics Sector Skills Council of India (ESSCI) released a white paper on the workforce requirements in the industry. As per the organisation, its study highlights the growing importance of the semiconductor industry in India and the need for skilled manpower in this sector. ESSCI study predicts that the Indian semiconductor industry, which is estimated to be close to $82 billion in 2021-22, is set to cross the $150 billion mark in the next 5 years. The said study named embedded systems design as the dominating aspect in the Indian semiconductor design market, grabbing around 85-90% share of the revenue. According to the estimates, this sub-sector will employ around 1.39 lakh personnel in the year 2021-22, and it is expected to employ around 3 lakh people in various roles by the year 2025-26. 

The official release noted that the top job roles in the semiconductor and components sector include quality analysis & reliability engineer, wafer test & sort engineer, very large-scale integration (VLSI) design engineer, package design engineer, embedded product design engineer – technical lead and embedded software engineer. It added that while industry experience is preferred, most of these jobs require a minimum graduate degree (technical) and a postgraduate (technical) qualification preferred by the companies.

Chairman of ESSCI, Amrit Manwani remarked, “The semiconductor industry is growing at an impressive rate, and it presents a tremendous opportunity for job seekers. With the government’s support and bullish industry plans, the industry is set to grow further, and we need skilled professionals to meet the workforce requirements.” The study also found that a bulk of manpower, around 55%, is employed in design and research & development roles as well as those in managerial roles such as business development and marketing. Around 30% of the manpower is in manufacturing, assembly & testing roles and 15% in quality assurance/control roles as well as other service roles such as after-sales services. However, as the manufacturing component of the industry gains traction, the share of manufacturing job roles in the manpower pool is expected to reach around 35-40% by 2025-26 from the current 30%.”

- Advertisement -

Mr Manwani listed government support, focus on ATMP and bullish industry plans as three key factors which would drive the growth of the semiconductor and components sector in India. Notably, the Indian semiconductor industry is growing at a CAGR of around 15% since 2015.

The COO of ESSCI, Dr Abhilasha Gaur stated, “The semiconductor industry presents an exciting opportunity for job seekers with the right skills and qualifications. ESSCI is committed to working with industry partners to develop a skilled workforce that can support the growth of the industry. This study will help the industry and the government to take necessary measures to bridge the skill gap and create a talent pool for the industry and provides a roadmap for the industry to grow and create employment opportunities while ensuring that the workforce is skilled and prepared to meet the demands of the industry.”

The Electronics Sector Skills Council of India (ESSCI) is a Not-for-Profit Organization, registered under the Indian Companies Act, 1956. Promoted by Five Associations i.e. CEAMA, ELCINA, IESA (formerly ISA), IPCA & MAIT, and ELCOMA, supported by National Skill Development Corporation (NSDC), the Council’s focus is on establishing an effective and efficient ecosystem for developing and imparting of outcome-oriented skills for the Electronics Systems, Design and Manufacturing Industry (ESDM).


 

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

NVIDIA Record $26B Q1 Revenue, Announces Stock Split And Dividend Hike

0
The quarterly cash dividend has been raised by 150%, resulting in $0.01 per share on a post-split basis. NVIDIA reported first-quarter revenue for the period...

“AIC-T-Hub Aims To Grow Startups So More Indian Unicorns Can Contribute To The GDP”

0
T-Hub has collaborated with Atal Incubation Centre (AIC), initiated by the Atal Innovation Mission to incubate semiconductor startups, fostering innovation for India’s advancement in...

Pros And Cons: Boult’s Varun Gupta On Contract Electronics Manufacturing

0
While contract electronics manufacturing is not a new concept in India, it has lately picked up a pace never seen before. But what has...

Buzz

NVIDIA Record $26B Q1 Revenue, Announces Stock Split And Dividend Hike

0
The quarterly cash dividend has been raised by 150%, resulting in $0.01 per share on a post-split basis. NVIDIA reported first-quarter revenue for the period...

ASUS IoT And BRESSNER Technology Launch CTOS

0
The collaborative approach seamlessly integrates advanced features across CTOS solutions, fostering synergy. ASUS IoT has recently unveiled a strategic collaboration with BRESSNER Technology, aiming to...

Samsung Appoints Veteran Amid AI Chip Challenges

0
This shake-up, effective immediately, sees Young Hyun Jun transitioning from his role in future business planning to tackle the booming demand for high-end AI...

Important Sectors

Renault Kwid, Maruti eVX: 15 Upcoming EVs Under ₹10 Million (1 Crore) In India

0
Should you wait or buy an electric car from the existing options in India? Well, that’s a question only you should answer! However, if...

Commercial EV Finance: Empowering Younger Companies To Drive Growth

0
While electric three-wheelers have emerged as the face of EV adoption in India, startups engaged in their retail need increased access to finance for...

Samsung Appoints Veteran Amid AI Chip Challenges

0
This shake-up, effective immediately, sees Young Hyun Jun transitioning from his role in future business planning to tackle the booming demand for high-end AI...

Imec-Led European Labs To Get $2.7B From Chips Act Funding

0
Europe's chip revolution gains momentum with a €2.5 billion investment in cutting-edge pilot production line for sub-2nm technologies, aiming to elevate domestic production and...

Progress And Challenges In Autonomous Commuting

0
Despite over a decade of technological advancements and testing in cities like Phoenix and San Francisco, robotaxis still faces significant hurdles.  Companies like Waymo, Cruise,...

Manufacturing

Imec-Led European Labs To Get $2.7B From Chips Act Funding

0
Europe's chip revolution gains momentum with a €2.5 billion investment in cutting-edge pilot production line for sub-2nm technologies, aiming to elevate domestic production and...

EVR Motors Discusses Tech Sharing With Indian OEMs

0
The Israel-based EVR Motors designs Radial Flux Permanent Magnet (RFPM) motors and licenses this technology for manufacturing by OEMs and component makers. EVR Motors, an...

Automotive Electronics Industry Growth Prospects And Strategies

0
From electric vehicles (EVs) to autonomous vehicles, discover the challenges, key players, and market segments driving a $136 billion industry revolutionising vehicles and the...
Siemens and CSA

Siemens To Sell Innomotics To KPS For $3.8B

0
Siemens chief financial officer Ralf Thomas expressed his pleasure at the significant progress made in optimizing their portfolio through the sale of Innomotics to...
Siemens and CSA

Siemens Limited Announces ₹1000 Crore Capex

0
In a statement, Siemens announced that it is expanding its factory operations in Goa to address the rapidly growing demand for essential industry components. Siemens...