India’s chip industry to face shortage of 300,000 professionals by 2027

The semiconductor industry in India is projected to encounter a shortage of 250,000-300,000 professionals by 2027, according to a report by TeamLease Degree Apprenticeship.

This shortage is expected across various verticals, including research and development (R&D), design, manufacturing, and advanced packaging,.

This is significant as India aims to capture a substantial share of the global semiconductor manufacturing industry. Under the Rs 76,000 crore semiconductor incentive scheme, the government has approved four projects to date which includes Micron’s assembly, test, marking, and packaging (ATMP) project, Tata’s chip manufacturing and assembly project, and CG Power’s chip assembly project. Additional projects are also in the pipeline and awaiting approval.