TALENT SHORTAGE IN SEMICONDUCTOR
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.
IT fresher hiring rebounds; Agrani's Rs 800 crore raise
Happy Friday! After nearly two years of subdued fresher intake, hiring is picking up across the technology and IT industry. This and more in today’s ETtech Morning Dispatch.
AI infrastructure investment seen surging to $769 billion in 2026 amid growing safety concerns
The estimate is based on nearly $384 billion invested in the first half of 2026 and assumes the current pace continues through the year. It compares with $145 billion invested in the technology in 2025, making AI infrastructure and model architectures the largest-funded technology trend covered by McKinsey.
Talent, not design software, is the biggest bill for chip startups: Cadence's Jayashankar Narayanankutty
Narayanankutty told ET AI during SEMICON India 2026 that India needs more engineers across the semiconductor ecosystem, including design and manufacturing.
How India's $13 billion plan aims to boost self-reliance in chip production
India is set to embark on an ambitious $13 billion venture to establish a robust domestic chip manufacturing ecosystem. The aim is to diminish dependence on imported semiconductors while catering to the skyrocketing local demand predicted to hit $200 billion. Through targeted engineer training programs and attractive subsidies, the government envisions positioning India as a global leader in chip production under the banner of 'Engineer in India.'
Data centres are coming. Where will India find the people to run them?
India's data centre capacity is set to grow significantly by 2030. This expansion will create numerous jobs across various sectors, including construction and operations. Advanced technologies like AI are increasing demand for specialised technical skills in cooling and power. The talent pool will draw from existing sectors like power and manufacturing.
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India needs to build advanced tech capabilities, reduce import dependence: Hyundai CEO Tarun Garg
Hyundai Motor India MD and CEO Tarun Garg urged India to develop advanced technology capabilities. He stated the nation must move beyond manufacturing scale and reduce import dependence. India's automotive industry has shown resilience and needs to focus on global leadership. The focus should shift from "Make in India" to "Design and Engineer in India". This will help build domestic technology and intellectual property for future growth.
SK Hynix holds groundbreaking ceremony for $4 billion Indiana AI chip packaging facility
The facility, at the Purdue Research Park in West Lafayette, is scheduled to begin cleanroom operations in the second half of 2028, according to SK Hynix's website and press statements. The site will house a next-generation high-bandwidth memory (HBM) packaging line as well as an AI semiconductor research and development facility.
India can import capital, but not sovereignty; controlling silicon critical for future: ESSCI CEO
India's shift towards semiconductor manufacturing represents a crucial strategy for asserting national autonomy. By fostering local chip production, the nation is laying the groundwork for a safe, self-sufficient future. The government has initiated substantial funding to bolster the semiconductor mission, targeting the attraction of considerable investments and the generation of numerous jobs. This effort emphasizes the importance of design, fabrication, and talent development in driving future advancements.
Government approves Rs 1.27 lakh crore ISM 2.0, expects Rs 4 lakh investments
The government expects ISM 2.0 to bring in investments worth Rs 4 lakh crore, production worth Rs 2 lakh crore and exports of Rs 1 lakh crore. The government will provide incentives of up to 40% for silicon fabs, and up to 35% for other fabs. With an eye on localising key parts of the semiconductor ecosystem, including materials, gases, chemicals, and semiconductor equipment, up to 30% incentive will be given.
Union Minister Ashwini Vaishnaw urges IT industry to capitalise on global semiconductor talent shortage
India's IT sector can address the global semiconductor talent shortage of one million people. Prime Minister Modi's focus has led to twelve plants developing chips for export. Electronics exports have now become the country's third largest export category. Mobile phones are now the largest exported item from India. Railways are also transforming with station redevelopment and new train services.
US semiconductor boom faces worker shortage amid race with China
US China semiconductor race: A significant skilled worker shortage could delay new US semiconductor plant construction. This talent crunch threatens major investments by companies like TSMC and Samsung. By 2030, the gap could reach 157,000 workers, impacting manufacturing and engineering roles. Sustained government support and expanded education are recommended to address this challenge. Without intervention, federal funding and private investment plans face significant risks.
Delhi government drafts semiconductor policy to build design and innovation hub
Delhi is developing a new semiconductor policy. This initiative aims to make the capital a center for chip design and research. The policy will foster innovation and create jobs. It supports India's goal of technological self-reliance. The plan includes incentives for businesses and talent development. This move is crucial for economic stability and national security.
India's semicon biz push triggers race for domain experts
India's semiconductor sector is seeing a hiring surge. Companies are actively recruiting for chip design and manufacturing roles. Demand for skilled professionals in areas like VLSI and AI accelerators is high. This expansion is driven by government initiatives and growing industry needs. The sector is focused on building advanced capabilities.
Skills gap forces chip cos to seek global training & talent rotation
India’s semiconductor drive is slowed by a shortage of chip design and factory talent. Firms are addressing this through overseas training, global recruitment, and partnerships with local institutes. Cross-border knowledge transfer and industry-led skilling are seen as essential to closing capability gaps and sustaining the country’s semiconductor ambitions.
Setting goals: Plan in works for pool of 275,000 chip designers by 2032
India aims to become a global semiconductor hub. The government is working to create a large pool of chip designers. Multiple ministries are collaborating to address talent shortages. They plan to redesign curricula and introduce specialized courses. Focus is on STEM education with enhanced grants. The goal is to train technicians and increase semiconductor graduates.
Union Minister Piyush Goyal meets Lam Research CEO to discuss India's semiconductor growth
Union Minister Piyush Goyal met with Lam Research's CEO to discuss the company's India growth plans, focusing on building a next-gen semiconductor ecosystem. This follows Lam Research's significant investment of over Rs 10,000 crore in India, a move hailed as a major vote of confidence in the country's semiconductor vision.
India's semiconductor industry faces supply chain and limited talent challenges: Jefferies report
India's semiconductor industry is growing but faces challenges such as an underdeveloped supply chain, a lack of skilled manufacturing talent, and global competition. Despite advantages like strong engineering talent and government support, the country needs to improve raw material production and skill development to establish a competitive ecosystem.
From policy to progress: How Budget 2025 can transform the semiconductor industry
Budget 2024 laid the groundwork for semiconductor development in India, with the announcement of the Rs 76,000 crore (approximately $9.1 billion) Production Linked Incentive (PLI) scheme. This initiative aimed to attract global semiconductor manufacturers and encourage domestic production.
Amid Sriram Krishnan's criticism on his immigration views, Elon Musk says 'America will lose if...'
Elon Musk has come out in support of Indian-American entrepreneur Sriram Krishnan, who has been appointed by Donald Trump as Senior White House Policy Advisor on Artificial Intelligence. Krishnan has been facing criticism online by far-right groups especially from Laura Loomer for his views on immigration and his stance on H1-B visa. Amid this row, Elon Musk and Vivek Ramaswamy discussed the problem of shortage of talented and skilled workers in the US.
India Inc intensifies training efforts to bridge semiconductor skills gap
India Inc is ramping up efforts to train new hires in response to the government's India Semiconductor Mission, aimed at establishing the country as a global semiconductor hub. Companies like AMD, Micron India, and LAM Research are implementing technical bootcamps, mentoring programs, and university partnerships to address a significant skills gap.
India set to play big role in cracking semiconductor talent puzzle, says new report
India's engineering talent could help fill the global semiconductor workforce shortage, the report said. The market is expected to grow to USD 1 trillion by 2030. India's own semiconductor market is projected to reach USD 80.3 billion by FY28. Initiatives in design, fabrication, and OSAT facilities are strengthening India's position in the industry.
How India can bridge talent and skill gaps in key emerging sectors
. India is aiming for economic growth but faces shortages in healthcare, semiconductor manufacturing, green jobs, and agriculture. Addressing these gaps requires improved education, government and private sector involvement, and international collaborations. Experts emphasize urgent action for sustainable development.
What Modi govt can do in Budget 2024 to fix India's skilling-led unemployment crisis
Unemployment Crisis Issue Budget 2024: Crores of Indian youth face unemployment, and regardless of the root causes, Finance Minister Nirmala Sitharaman is expected to address the nation’s skilling issues in her Union Budget 2024 announcement on July 23. India is on an ambitious path to transform its economy into a $10 trillion powerhouse by 2047, a goal that hinges on harnessing its greatest asset: a large, skilled workforce.
To address talent shortage, chipmakers skilling engineering students
Firms like Intel India, AMD, Applied Materials and Tessolve are teaming up students and employees to work on real-life projects, establishing labs in institutes like IIT-Bombay, driving industry-academia partnerships to conduct research in core design and AI training and sponsoring students pursuing research.
Micron to roll out first India-made chips from Sanand unit in 2025
Micron India's Sanand unit focuses on exporting chips. Anand Ramamoorthy highlights global demand, partnerships, and multiple sector usage. Emphasis on agility and talent scarcity in niche sectors like cybersecurity.
Lam Research to donate $29 million in software licences over next two years
Lam Research Corporation donates $29 million in software licenses to 2,800 students in India to strengthen the semiconductor manufacturing workforce. MoU signed with ISM and IISc for Semiverse Solutions deployment and workforce training.
In India's semiconductor moment, spotlight on talent
There is demand for 40,000-50,000 employees across job roles in 2024, a 25-30% increase over last year, says staffing company Randstad. The sector is expected to see more than 800,000 to 1 million job openings over the next five years.
Important for world that India emerges as trusted, resilient partner in semiconductor sector, says Union minister; hails PM's vision
It is important for the world to see India emerge as a trusted, resilient partner in the electronics and semiconductor space, Union Minister Rajeev Chandrasekhar said here on Saturday, and asserted the world wants to partner with India for the country to grow its footprints in the semiconductor ecosystem. Talking to PTI on the sidelines of the Semicon India 2023 event organised at Mahatma Mandir here, he said Prime Minister Narendra Modi's vision for the sector is to create more and more opportunities for young Indians studying in colleges.
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