SEMICONDUCTOR HIRING TRENDS
Semicon boom expected to power up 100k jobs in three years
India's semiconductor ecosystem is anticipated to generate significant employment opportunities, enhancing the existing workforce substantially. Experts estimate that the workforce will grow from 25,000 to over 100,000 jobs in three years. Companies aim to recruit for high-value roles in engineering and design, reflecting a shift in hiring focus. The current demand for specialized skills is creating a talent shortage within the industry.
Investors in other markets would be envious of India multiples: Rich Handler, chief executive of Jefferies
Jefferies CEO Rich Handler believes Indian equities remain reasonably valued despite the market correction and says easing long-term capital gains taxes could attract foreign investors. He sees opportunities in India's AI and data centre sectors, argues that global capital outflows reflect external pressures, and believes concerns about an AI bubble warrant a healthy pause rather than alarm.
US stock market stages big rally today: Why is Dow Jones surging? Dow jumps 1,100 points as S&P 500 and Nasdaq turn green, with healthcare stocks at the centre
US stock market today: US stocks rallied sharply on Wednesday after Democrats won control of Congress. The Dow Jones jumped 1,143 points, while the S&P 500 and Nasdaq also posted strong gains. Healthcare stocks attracted fresh buying, with Molina Healthcare, Centene and HCA Healthcare rising around 6% to 7%. Amazon and solar stocks also climbed, while Nvidia shares moved lower.
India’s small companies need to see AI as more than an artificial promise
India MSME news: India's micro, small and medium enterprises are exploring the adoption of artificial intelligence to enhance productivity. AI is expected to generate significant economic value for these enterprises in manufacturing and services sectors. Various challenges remain regarding the integration of AI into existing workflows and overcoming cost barriers. Collaborative efforts among industry bodies, technology providers, and the government are essential for facilitating this transition.
Dr Doom, who predicted global financial crisis, has a forecast for India
Economist Nouriel Roubini, known as “Dr Doom” for predicting the 2008 Global Financial Crisis, sees India emerging as a major growth story over the coming decades. He believes easing US tariffs, deeper trade ties, friendshoring and continued reforms could strengthen India's economic prospects. However, India must accelerate growth towards 9% to create enough jobs for its young workforce as artificial intelligence reshapes employment and global manufacturers diversify beyond China.
VCs hungry for kitchen startups; Vala Afshar’s blueprint for India’s AI future
Happy Thursday! Venture capital investors are betting on the premiumisation wave wafting into Indian kitchens. This and more in today’s ETtech Morning Dispatch.
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Automated chip design, physical AI lead startup activity across APAC: AWS exec
On the sidelines of the StradVision media tour in Seoul, AWS's Tiffany Bloomquist said these trends were per the company's expectations for the year from the region.
As private wallets begin to open, India's big future bet takes off
India’s Rs 1 lakh crore RDI programme is beginning to unlock venture capital flows into deeptech, marking a shift in the country’s attempt to move from being a large technology consumer to a technology producer.
Nifty 30,000 target still on track; why Elara’s Harendra Kumar prefers IT, power and smallcaps
We are telling people that this is the right time to look at the market constructively. Historical evidence suggests that this is the time to invest — after phases like this, FII flows also turn positive. Even now, FII flows are beginning to improve.
Slice’s big valuation cut; Betting networks under lens
Slice Small Finance Bank has raised fresh funding at less than half its previous valuation. This and more in today's ETtech Top 5.
Big Tech can’t disrupt IT: Tech Mahindra CEO Mohit Joshi
Chief executive Mohit Joshi said that he isn’t concerned about Big Tech firms like Google or AI labs like Anthropic or OpenAI getting into AI services by hiring forward deployment engineers (FDEs), as he feels the IT industry's cost structures and the models it operates on are vastly different and hard to imitate.
India's AI boom is rewarding engineers more than coders
India's AI and manufacturing push is reshaping job market, with engineers, technical support professionals and infrastructure roles seeing stronger salary growth than software developers, according to TeamLease. Backed by govt investments in semiconductors, electronics and EVs, the country's next wage boom appears increasingly tied to building and running AI infra.
AI-driven chip boom fuels 47% surge in entry-level semiconductor hiring in South Korea
JobKorea said Monday that entry-level hiring in South Korea's semiconductor industry surged in the first half of the year, reflecting robust demand for talent as the AI-driven chip boom continues, The Korea Herald reported.
India’s manufacturing ambitions trigger scramble for leadership talent
India seeks leaders for its manufacturing growth. Companies are hiring experts in engineering, electronics, and semiconductors. Demand is high for digital transformation and sustainability skills. Multinationals and domestic firms are recruiting, alongside expats for high-tech roles. Salaries are competitive. This hiring surge supports India's goal to expand markets and reduce global dependencies.
Campus offer circuit abuzz for top engineering talent despite slower IT winds
Hiring at major engineering campuses such as BITS Pilani and several NITs has stayed steady to stronger for the Class of 2026, with more recruiters, higher salaries and an increase in pre-placement offers. Core engineering, electronics, semiconductors, banking, consulting and analytics are driving demand, even as IT hiring remains slow.
Geopolitical uncertainties affect job openings in semiconductor design GCCs in FY25: Report
Despite this moderation, the overall demand for niche skills in VLSI (Very Large Scale Integration), embedded systems, and RF/analogue design remained resilient, with mid-sized GCCs demonstrating greater hiring agility, it added.
Geopolitical uncertainties affect job openings in semiconductor design GCCs in FY25: Report
India's semiconductor design GCCs experienced a 15% dip in job openings during 2024-25 due to geopolitical uncertainties and supply chain issues. While open positions peaked in May 2024, they gradually declined, though demand for niche skills like VLSI remained strong. Despite short-term fluctuations, a positive long-term outlook is expected due to increased focus on supply chain resilience and government initiatives.
IT’s fresher hiring set to double in FY26 with more than 150,000 additions
Tech services fresher hiring is set to double in FY26, exceeding 150,000. IT firms and GCCs are expanding in AI, cloud, and GenAI despite macro uncertainties. Top six IT exporters plan 82000 hires, signaling cautious optimism amid slower overall industry recovery.
India’s job market sees 9% growth in three months: foundit Insights Tracker
India's job market has seen a significant increase, with white-collar hiring surging 32% year-over-year in January, driven by strong economic conditions and government policies. The hiring index rose by 4% month-over-month, reaching 347. Green job opportunities, particularly in sectors like semiconductors and energy, have grown, with Bengaluru leading at 23% of job opportunities.
Indian semiconductor design sector sees a decline in hiring
Semiconductor design sector job demand has dropped 12% in Q3 FY2025, with significant month-to-month variations. Despite these fluctuations, the sector remains poised for long-term growth due to the global demand for semiconductor technology. Large companies show resilience, while small and mid-sized firms face more cautious hiring trends.
Dropping degree requirements, 30% of Indian employers looking to shift to skills-based hiring: WEF
Around 30% of Indian employers are planning to adopt skills-based hiring by removing degree requirements, surpassing the global 19%, as reported by the World Economic Forum. This shift, driven by trends in technology and diversity, will create demand for roles such as AI and Machine Learning Specialists and Big Data Specialists.
Electronic queens of India: Women to lead the semiconductor industry
Women are strategically reshaping India’s semiconductor landscape, making bold moves and claiming their stake in a rapidly growing industry. Their which was 20% in 2020 is expected to rise to 30% by 2027. Semiconductor companies like Micron and NXP are investing in supporting and retaining female employees, expanding the talent pool, and developing career advancement paths
India Inc finds the (short and) sweet spot when hiring expats
Indian companies across various sectors are increasingly hiring expats for short-term assignments to address talent shortages and gain specialized expertise. These assignments, typically lasting six months to two years, attract highly skilled professionals seeking project-based work or technical leadership roles, particularly in industries like manufacturing, life sciences, and renewable energy.
Extended holidays pull down Naukri Jobspeak Index in August
The Naukri Jobspeak Index, a measure of white-collar hiring in India, fell by 3% year-on-year in August to 2,576 points. A unique clubbing of holidays in the second half of the month affected recruitment activities. However, sectors like accounting, finance, and AI/ML showed significant growth despite the overall decline.
GoI must focus on equitable growth and quality employment
The recent Annual Survey on Unincorporated Sector Enterprises (ASUSE) is a valuable source on informal enterprises provided by GoI that promises to tell us about these voters whose dreams lie unfulfilled. They have struggled in the world’s largest informal economy, India, in jobs without social protections and with lower pay.
South India, led by Bengaluru and Chennai, spearhead India's tech talent surge
Among functional skills, development (35%) held the highest share of tech hiring demand: Quess Corp Annual Digital Skills Report FY24.
Taiwan chip firms flock to Japan as China decoupling accelerates
The influx comes amid shifting alliances and priorities in the global chip industry as the United States pushes to limit China's progress in cutting-edge semiconductors and strengthen partnerships between its allies. Fabless chipmaker Alchip Technologies, which specialises in customised chips known as application-specific integrated chips (ASICs), is illustrative of the China decoupling trend.
Hiring appetite positive for Jul-Sep quarter amidst layoffs, global economic slowdown, indicates survey
The survey states that the Indian labour market is indicating positive sentiments for the second quarter of FY24 and businesses in the IT industry continue to report the brightest hiring outlook. As many as 49 per cent of employers report higher intentions for hiring, while 13 per cent do not expect to hire, leading to a seasonally adjusted net employment outlook of 36 per cent, reported PTI, citing the survey.
TCS gains 1% ahead of Q2 earnings. Here’s what analysts expect
Analysts estimate TCS is likely to post 3-5 per cent quarter-on-quarter and 16-19 per cent year-on-year revenue growth for the September quarter.
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