India’s electronics sector eyes major growth, with 12 million jobs projected by 2027 – Newz9

NEW DELHI: India’s electronics business is getting ready to a transformative section because it targets USD 500 billion in manufacturing output by 2030, in accordance with TeamLease report,
Achieving this aim would require the sector to develop fivefold within the subsequent 5 years, addressing a USD 400 billion manufacturing hole. Presently, the business’s home manufacturing stands at USD 101 billion, with cellphones accounting for 43 per cent of this output.
Other key contributors embrace client and industrial electronics (12 per cent every), digital parts (11 per cent), and rising segments reminiscent of auto electronics (8 per cent), LED lighting (3 per cent), wearables and hearables (1 per cent cent), and PCBAs (1 per cent).
This extraordinary development trajectory is projected to generate 12 million jobs by 2027, encompassing 3 million direct and 9 million oblique roles. Direct employment alternatives will span practically 1 million engineers, 2 million ITI-licensed professionals, and 200,000 specialists in excessive-demand fields reminiscent of synthetic intelligence (AI), machine studying (ML), and knowledge science.
Meanwhile, non-technical roles will account for the majority of oblique employment alternatives, reflecting the sector’s potential to drive financial development and create numerous profession paths.
Despite its promising outlook, the electronics sector faces a major expertise hole that would impede its progress. This problem is not only about numbers; it entails a important scarcity of expert professionals important for reaching the sector’s formidable manufacturing targets. Bridging this hole is essential to strengthening India’s place within the world electronics provide chain.
To handle this difficulty, workforce abilities should be aligned with business wants, notably in excessive-demand areas reminiscent of semiconductors, electromechanical elements, and each passive and energetic parts.
The expertise pool is anticipated to come back from specialised fields reminiscent of Electronics and Electrical streams, ITI-licensed professionals, and different technical domains, whereas basic schooling streams can successfully help oblique roles.
AR Ramesh, CEO of TeamLease Degree Apprenticeship, highlighted the necessity for focused skilling applications, stating, “Scaling apprenticeship enrolments, currently growing at a 55 per cent CAGR and projected to reach 1 million apprentices by 2027 to 2 million apprentices, will help create a robust talent pipeline to meet industry needs.”
He added, “To realize its vision of becoming a global leader in electronics manufacturing, India must blend skilling with strategic investments in infrastructure, policy interventions, and innovation to propel the sector forward.”
Sumit Kumar, Chief Strategy Officer at TeamLease Degree Apprenticeship, emphasised the significance of capability constructing, “Employers and industries can strengthen this effort by setting up in-house training centers and collaborating with academia through Work-Integrated Learning Programs (WILP) and degree apprenticeships. .”
He added, “Scaling apprenticeship programs, reskilling, and upskilling initiatives for over 50 per cent of the workforce, alongside robust capacity-building measures, will empower India to bridge the skills gap and drive sustainable growth, solidifying its position as a global leader in electronics.”
To notice its imaginative and prescient of turning into a world chief in electronics manufacturing, India should undertake a multi-pronged strategy. This contains investing in skilling applications, fostering business-academia partnerships, and enhancing infrastructure and coverage help.
Efforts to extend ITI enrolment, set up in-home coaching centres, and develop apprenticeship alternatives will likely be pivotal.
Scaling reskilling and upskilling initiatives for over 50 per cent of the workforce, coupled with strong capability-constructing measures, can empower the sector to beat expertise shortages and maintain its speedy development trajectory.