DURING A RECENT interaction with students of an engineering institute, Navin Bishnoi, Country Head of fabless chip design firm Marvell India, was surprised at how keen the students were to know more about new-age subjects like AI and ML. But barely anyone was interested in the chips, or semiconductors that power them. Only when Bishnoi started going deep into AI applications and its underlying infrastructure that students start to realise the importance of semiconductors. “I realised that the exposure to semiconductors is lesser than other technologies. Engineering students are choosing the easier path to employability compared to semiconductor-hardware engineering, which requires a master’s degree and years of experience.”
The chips Bishnoi discussed are high-end ones. But as semiconductors are used in almost everything electronic around us, their demand has gone through the roof in the past few years. The global chips market, pegged at $600 billion in 2021, is also expected to grow to $1 trillion by 2030, per McKinsey. But experts say that current manufacturing capacity is just not sufficient to meet this booming demand.
Consequently, as new fabs—where chips are printed, and then taken through the ATMP (assembly, testing, marking, and packaging) process—are set up around the world and in India, even the demand for professionals qualified in electronics engineering and related fields is going to surge exponentially. And while the job profiles may sound too technical, most of the learning and upskilling in this industry happens while on the job.
TALENT CRUNCH
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
"Focus on the challenge of each customer"
SHASHANK KUMAR MD & CO-FOUNDER I RAZORPAY Razorpay is India's first full-stack financial solutions company
PEDAL ON THE FUTURE
THE MG WINDSOR EV, WITH ITS FUTURISTIC AND MINIMALIST DESIGN, COMBINES THE BEST OF BOTH WORLDS-COMFORT AND TECHNOLOGY
BREATHE EASY
Whether you're battling allergies, looking to remove pollutants, or simply want to breathe easier, the right air purifier can make a difference
The Taste of India in a Glass
FROM ROYAL LIQUEURS TO DISTILLED MAHUA, INDIAN HERITAGE ALCOHOLIC BEVERAGES ARE HAVING THEIR DAY IN THE SUN
LOOK BEFORE YOU LEAP
IN 2025, INVESTORS WILL NEED TO FACTOR IN VOLATILITY ACROSS ASSET CLASSES
MISSING ADVISORS
INDIA HAS JUST ONE INVESTMENT ADVISOR FOR NEARLY EVERY 200,000 INVESTORS. AT A TIME WHEN RETAIL PARTICIPATION IN THE STOCK MARKETS IS BOOMING, THIS ASSUMES SIGNIFICANCE
TURNING A CORNER
SHARED ELECTRIC MOBILITY START-UP YULU'S SHIFT TO SERVICING THE QUICK COMMERCE SECTOR IS HELPING IT GROW FAST. IT IS NOW FOCUSSING ON IMPROVING ROAD SAFETY FEATURES AS IT TURNS EBITDA POSITIVE
REALITY CHECK
INDIAN STOCK MARKETS PLUNGED BEGINNING OCTOBER FOR A HOST OF REASONS, INCLUDING A FALL IN FII OWNERSHIP. HOW DEEP WILL THE CORRECTION BE?
TRUMP'S TRADE TANGO
The return of Donald Trump as the 47th President of the US has put the global economy on edge. India, too, is unlikely to remain unaffected. How will policymakers meet this latest challenge?
"The essence of the Trump administration will be transactional”
Global investor, analyst, and best-selling author Ruchir Sharma decodes why Donald Trump won the elections, what India should do, the risks, and more