India Inc intensifies training efforts to bridge semiconductor skills gap
semiconductor powerhouse through the India Semiconductor Mission.
AMD, Micron India, and LAM Research are among companies seeking to close the skills gap by putting new recruits through technical bootcamps, teaming up students with employees working on next-generation technologies, setting up research labs in universities, and rolling out mentorship opportunities.
Despite being a late entrant, the government is pushing to make India a major player in the global semiconductor space. In 2021, the Modi government launched the India Semiconductor Mission (ISM) with an outlay of Rs 76,000 crore for semiconductor manufacturing, packaging, and design units.
US chipmaker AMD in July 2023 announced plans to invest $400 million in India over five years. The government also recently approved $15 billion worth of investments into the sector including from the Tata Group and US-based Micron Technology.
With the sector attracting large investments, companies are faced with a major hurdle: talent shortage.
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