India's semiconductor industry to generate 1 million jobs by 2026, report finds

economictimes.indiatimes.com November 11, 2024, 04:01 PM UTC

India's semiconductor industry is expected to create 1 million jobs by 2026, according to a new report. This growth is fueled by government support and private investments, with significant roles in chip fabrication, assembly, and design. The report highlights a need for skilled workers, including engineers and technicians, to meet this demand. However, a talent shortage poses a challenge, requiring focused upskilling and reskilling efforts. To address this gap, India aims to train 500,000 individuals annually. Internships are emphasized as a key method to provide practical experience and strengthen the local talent pool in the semiconductor sector.


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