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. 

Autocar Pro News Desk By Autocar Pro News Desk calendar 10 Jun 2024 Views icon5068 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
India's semiconductor industry needs 3 lakh skilled people by 2027: IANS

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 10 tips to extend the lifespan of your used car 

auther Autocar Pro News Desk calendar15 Jun 2024

Identifying fluid leaks and getting them repaired during service center checkups is very important.

Hyundai India files DRHP for IPO: Plans to dilute up to 17.5% stake

auther Autocar Pro News Desk calendar15 Jun 2024

This is the first IPO by a carmaker in over two decades since Maruti Suzuki India was listed in 2003. The offering compr...

M&M pips Tata Motors' market cap to become second most valued automaker

auther Autocar Pro News Desk calendar14 Jun 2024

Shares of M&M hit a new record on Friday to surpass Tata Motors as the second most-valued automaker in the country after...