The rise of the Internet of Things (IoT) and Artificial Intelligence (AI) are fuelling a new era of growth for the semiconductor industry. Several market observers forecast that the global semiconductor market could reach $1 trillion over the next decade, while India’s semiconductor consumption is estimated to reach $110 billion.
As India pushes to build a strong semiconductor industry, the need for a highly skilled workforce to support the growing ecosystem will continue to increase. To address this, India must ensure that engineering graduates are equipped with the necessary skills to cater both to the increasing demand for broad electronics expertise, as well as the niche talent required across the entire semiconductor value chain from design, manufacturing, and supply chain.
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