Ok. Krishna Moorthy, CEO and President, India Electronics & Semiconductor Association
India will require an extra pool of at the least 20 lakh deep tech engineers by 2030 to satisfy its development aspirations for the semiconductor and digital design manufacturing sectors, stated Ok. Krishna Moorthy, CEO and President, India Electronics & Semiconductor Association (IESA).
“The number one challenge in front of us is not around investments, land or electricity, but lack of high-quality talent with deep tech expertise. We will be able to meet our growth targets for the electronics and semiconductor sector only if we address this serious issue of talent on a war footing,” he informed The Hindu.
These 20 lakh deep tech engineers ought to come from numerous disciplines together with chemical, mechanical, electrical, electronics, vehicle and would additionally embody materials scientists, battery technologists, surroundings scientists, AI & ML consultants, fintech consultants and cyber safety consultants. Of these, the requirement for digital engineers alone could be over 2 lakh by 2030, he stated.
“It is good to know that the semiconductor and electronics segment will open up opportunities worth several billions of dollars. And this growth opportunity is real. However, without having enough quality talent, we are not going to benefit,” he cautioned.
IESA is in talks with educational establishments, trade gamers and the federal government to work on varied initiatives in direction of the event of top of the range expertise via enhancing syllabus and college coaching. “All stakeholders have realised the immediacy and urgency of the need. What is now required is a concerted and conscious focus to translate all talent goals into action,’‘ Mr. Moorthy added.
Giving an account of the employability of electronic engineering graduates in the country, he said, the country produced 5.5 lakh electronic engineers. Some 10% of these graduated first-class and only 50% of these are readily employable, which means that of the 5.5 lakh graduates only 5,000 are readily employable.
“We have to have 25,000 readily employable electronic engineers in a year and that is our current requirement,” Mr. Moorthy additional added.
