Data from staffing and recruiting firms indicate that demand for talent in the sector is in double digits.
According to data from Xpheno, a specialist staffing firm, companies such as Kaynes Technology, Micron Technology, and SRAM & MRAM Group are expected to hire a total of 12,000 employees.
"The demand for semiconductor jobs is evident in the expansion plans of companies like Kaynes Technology (projected 2,000 jobs), Micron Technology (projected 5,000 jobs), and SRAM & MRAM Technologies (projected 5,000 jobs), collectively creating a substantial increase in available positions compared to the previous year," said Kantharaju Sanjeevappa, business head, engineering services, Xpheno Research, a workforce management firm.
Industry experts note a heightened need for skilled manpower in established functions such as printed circuit board fabrication, large-scale circuit manufacturing, foundry establishment, and silicon processing or semiconductor synthesis.
This story is from the March 22, 2024 edition of Business Standard.
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This story is from the March 22, 2024 edition of Business Standard.
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