Chip industry faces shortage of 7 lakh workers by 2030: IESA chief
The semiconductor industry is poised to face a significant challenge in the coming years, with a projected shortage of around seven lakh workers by 2030. This was stated by Ashok Chandak, President of the India Electronics and Semiconductor Association (IESA). According to Chandak, the global semiconductor sector is grappling with a manpower crisis, and India has a unique opportunity to fill this void.
The semiconductor industry is a critical component of the global electronics ecosystem, with applications ranging from consumer electronics to automotive and industrial systems. The industry’s growth is driven by the increasing demand for electronic devices, the Internet of Things (IoT), and the proliferation of 5G technology. However, the shortage of skilled workers threatens to hinder the industry’s progress and impact the global economy.
Chandak emphasized that the shortage of skilled workers is a global problem, and India can capitalize on this opportunity by developing a robust workforce in the semiconductor sector. He stressed the need to update the technical curriculum and develop manufacturing-related training programs to tackle the issue. This would not only help address the global shortage but also provide a boost to India’s economy by creating new job opportunities.
The Indian government has already taken steps to promote the growth of the semiconductor industry in the country. The government has announced several initiatives, including the establishment of semiconductor fabrication units, the development of electronic manufacturing clusters, and the provision of incentives for companies investing in the sector. However, the shortage of skilled workers remains a significant challenge that needs to be addressed.
To overcome this challenge, Chandak suggested that the government, industry, and academia must work together to develop a comprehensive plan to train and upskill workers in the semiconductor sector. This could include the development of specialized courses, training programs, and certification schemes that cater to the industry’s specific needs. Additionally, the government could provide incentives to companies that invest in worker training and development programs.
The opportunity presented by the global shortage of skilled workers in the semiconductor sector is significant, and India is well-positioned to capitalize on it. With a large pool of talented engineers and technicians, India can become a major hub for semiconductor manufacturing and design. This would not only help address the global shortage but also provide a boost to India’s economy by creating new job opportunities and attracting foreign investment.
Moreover, the growth of the semiconductor industry in India would have a positive impact on other sectors, such as electronics manufacturing, automotive, and telecommunications. The industry’s growth would also drive innovation and R&D, leading to the development of new technologies and products.
In conclusion, the projected shortage of seven lakh workers in the semiconductor industry by 2030 presents a significant challenge, but it also offers a unique opportunity for India to establish itself as a major player in the global semiconductor sector. By updating the technical curriculum, developing manufacturing-related training programs, and providing incentives for worker training and development, India can address the shortage of skilled workers and capitalize on the global opportunity.
As Chandak stated, “Worldwide, there is a problem, and India has the opportunity to fill the void.” With the right policies, investments, and partnerships, India can overcome the challenge posed by the shortage of skilled workers and emerge as a leader in the global semiconductor industry.
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