India’s Electronics Sector to Create 12 Million Jobs by 2027 Amid Rapid Growth
India’s electronics industry is set for unprecedented expansion, aiming to achieve $500 billion in manufacturing output by 2030. With current production at $101 billion, the sector must grow fivefold to bridge a $400 billion gap. Mobile phones lead the market, contributing 43%, followed by consumer and industrial electronics (12% each), and electronic components (11%). Emerging segments like auto electronics, wearables, LED lighting, and PCBAs also present significant growth opportunities.
The sector is projected to generate 12 million jobs by 2027, including 3 million direct roles and 9 million indirect roles. Direct employment will include positions for engineers, ITI-certified professionals, and specialists in AI, ML, and data science. Indirect jobs will span non-technical roles, showcasing the industry’s economic impact.
Despite the promising outlook, a critical talent gap poses challenges to achieving these goals. The shortage of skilled workers in key areas, such as semiconductors and electromechanical parts, could impede progress. Industry leaders emphasize the need for targeted skilling programs, apprenticeships, and industry-academia collaborations to align workforce capabilities with advanced manufacturing demands.
Propelled by initiatives like Make in India, PLI schemes, and Digital India, the sector’s success hinges on blending skilling efforts with strategic investments to solidify India’s position as a global electronics manufacturing hub.
Source: Times Now
