India’s strides in electronics and semiconductor manufacturing are poised to generate 8,500 high-tech jobs, signaling a significant leap in the nation’s industrial and technological growth. Ahead of the Union Budget 2025-26, the Union Finance Ministry has highlighted this achievement, crediting flagship initiatives like the Semicon India Programme and the Production-Linked Incentive (PLI) Scheme.
Launched in December 2021, the Semicon India Programme spearheads efforts to establish the nation as a global semiconductor hub. So far, five semiconductor projects and 16 design firms have been greenlit, expected to generate 25,000 advanced technology direct jobs and an additional 60,000 indirect roles. Within this, 8,500 positions will directly emerge from semiconductor packaging and designing, reflecting the government’s focus on nurturing a specialised, tech-ready workforce.
In tandem, the PLI Scheme for electronics manufacturing is amplifying India’s technological prowess. With production valued at Rs 6.14 lakh crore and exports reaching Rs 3.12 lakh crore, the initiative has already created 1.28 lakh direct jobs. Together, these schemes underscore a holistic strategy to strengthen India’s electronics ecosystem while boosting employment.
The programme also envisions attracting investments worth Rs 1.52 lakh crore, solidifying India’s position in the global supply chain. These initiatives aim not just at job creation but also at developing a highly skilled workforce to cater to the burgeoning demands of cutting-edge industries like semiconductors and electronics manufacturing.
As the Union Budget approaches, the narrative focuses on expanding these initiatives to sustain momentum. The commitment to job creation and skill development reflects a forward-thinking approach to equip India’s workforce for the demands of a rapidly evolving global tech landscape. These efforts not only enhance India’s economic self-reliance but also establish it as a key player in the global technology sector.
The challenge ahead will be scaling these achievements and maintaining the trajectory, ensuring India’s industrial ambitions continue to translate into meaningful opportunities for its workforce. HR Katha