India's semiconductor industry needs 3 lakh skilled people by 2027: IANS
The semiconductor industry is slated to become a USD 100 billion industry by 2030, with the expansion expected to generate roughly 1 million global jobs by 2025-26.
The Indian semiconductor industry needs 2.5 to 3 lakh skilled people by 2027, IANS reported citing a TeamLease Degree Apprenticeship report.
IANS noted that the semiconductor industry is slated to become a USD 100 billion industry by 2030, with the expansion expected to generate roughly 1 million global jobs by 2025-26.
The Electronics Sector Skill Council at present offers more than 25 apprenticeship courses under the National Apprenticeship Promotion Scheme to look into the issue of skill shortages at various levels, IANS noted.
To address this, the TeamLease Degree Apprenticeship is engaging with academia, industry leaders and government bodies, IANS noted.
The PLI Scheme offers a USD 1.7 billion incentive package for firms establishing semiconductor manufacturing facilities in India.
RELATED ARTICLES
JBM Bets on Scale, Exports and Fast Charging to Defend Electric Bus Lead
With an order book of nearly 10,000 buses and manufacturing capacity of 20,000 units annually, JBM Group is positioning ...
E-Mobility Sectors and Rare Earth Supply Chains Lead as Indian Climate Tech Funding Reaches $12.8 Billion
Data intelligence platform reports capital consolidation into larger, late-stage transactions as national energy securit...
LOHUM Secures Rights to Upgrades and Restart Hindustan Copper's Gujarat Plant
The 20-year revenue-sharing agreement will revive a 50,000 tonne-per-annum facility to produce high-purity copper cathod...


By Autocar Professional Bureau
10 Jun 2024
8620 Views
Kiran Murali
