Industry experts forecast the creation of 1 million jobs by 2025–2026, and the market size is expected to reach $400 billion by 2025.
India’s electronics industry, which is growing at a rapid scale has recorded a total hiring growth of 154 in percent in March this year, claims workforce management solutions provider Quess Corp. The research report also added that telecommunication is one of the important industries, which ranks highest in hiring, which accounts to 64 percent, which is then followed by lighting and automotive sectors.
According to the official statement of Quess Corp Limited, “In terms of geography, Tamil Nadu leads the states with a significant 33 per cent share of electronics hiring demand, followed by Karnataka, Uttar Pradesh, and Telangana.” Research report further highlighted that India’s electronics industry provided a huge opportunity to women to work in various roles. They now represent around 78 percent of the total workforce, which is considered to be extremely positive for gender diversity.
“They are increasingly employed as operators, quality assurance professionals, and in testing roles, with some companies achieving up to 80 percent female representation,” the report added. When asked about the sudden spike in women’s employment in the electronics industry, the experts in Quess added that there are a lot of crucial roles, which are still vacant within the industry, such as the design engineers, instrumental engineers, and electronics engineers. The industry is now looking for fresh and young talent whose remuneration ranges from Rs 18,000 to Rs, 32,000 per month.
Lohit Bhatia, president of workforce management at Quess Corp, said, “The Indian electronics manufacturing sector is on a growth trajectory fuelled by innovation and transformation. Industry experts forecast the creation of 1 million jobs by 2025–2026, and the market size is expected to reach $400 billion by 2025. This growth is not only fueled by increasing consumer demand but has also received a boost from government initiatives such as “Make in India” and the production-linked incentive (PLI) scheme…”