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
Top Indian Tyre Makers Line Up Over ₹7,500 Crore Capex For FY27
Apollo Tyres, CEAT, JK Tyre and Balkrishna Industries are expanding capacity across truck, passenger, OHT and carbon bla...
Content-Rich Auto Component Makers Set To Lead Next Growth Cycle: Equirus
The brokerage firm says the next phase of growth for India’s auto ancillary sector will be shaped by companies that add ...
Fewer Deals, Tighter Capital: India Auto-Tech Raises $606 Million in 2026YTD; EVs Continue to Lead
Venture funding drops significantly from 2025 highs as investors concentrate over $7 billion into electric mobility plat...


By Autocar Professional Bureau
10 Jun 2024
8628 Views

Shahkar Abidi