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India's Semiconductor Growth: Leveraging Talent Development & Strategic Investments
Bisinfotech
|December 2024
As India emerges as a key player in semiconductor manufacturing, this transformative leap demands not only substantial capital investment but also a highly skilled workforce.
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Semiconductor manufacturing is a complex, specialized field, and there exists a significant skill gap in the Indian market to meet these technical requirements. During an interaction with Vidushi, Sumit Kumar, Chief Strategy Officer at TeamLease Degree Apprenticeship discussed India's strategic development in the semiconductor industry through Tata Electronics' new facilities in Gujarat and Assam, focusing on the opportunities, challenges, and necessary skills for success, along with the role of apprenticeships and public-private partnerships in addressing the skill gap and enhancing global competitiveness.
How will Tata Electronics' new semiconductor facilities in Gujarat and Assam position India globally?
India's rapid emergence as a semiconductor manufacturing hub, fueled by initiatives such as Make in India and the Production-Linked Incentive (PLI) scheme, is catalyzing significant investments, expanding the nation's talent pool, and establishing crucial infrastructure.
With over INR 1.5 trillion already funneled into the sector, India is cementing its status as a key player in the global semiconductor supply chain. The forthcoming semiconductor facilities in Gujarat and Assam, comprising a state-of-the-art fabrication unit in Dholera and an advanced assembly, testing, marking, and packaging (ATMP) unit in Morigaon, are projected to generate approximately 70,000 jobs, thereby creating substantial employment opportunities. This growth will enhance India's vital contribution to semiconductor design, as the country boasts 32,000-35,000 engineers representing around 20% of the global design workforce. By integrating large-scale manufacturing with cutting-edge innovation and R&D, these facilities will enable India to effectively meet both domestic and global semiconductor demands.
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