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.
«The demand for talent in the sector has reached an all-time high to build infrastructure, industrial parks, testing systems and R&D (research and development),» said Yeshab Giri, chief commercial officer, operational talent solutions, Randstad India.
There is increased hiring for entry and middle-level employees in locations like Gujarat, Bengaluru, Telangana, Tamil Nadu, and Assam for roles like sales, field application engineer, equipment service engineer, and purchase managers.
Talent shortage a hurdle for industry
A huge uptick is expected for roles in semiconductor chip design, semiconductor fabrication, and assembly, testing, marking and packaging facilities in the next few years.
«On the C-suite side, there is a consistent demand for VP and director-level positions in field engineering, operations management, project management, and product innovation as many global companies prepare to enter India,» said Giri.
Despite being a late entrant, the government is aggressively pushing to make India a major player in the global semiconductor space through initiatives like the India Semiconductor Mission. However, the industry faces a significant hurdle: a talent shortage.
In this context, companies are looking not just at lateral and campus hires but also bringing in expats
