10 lakh talent shortfall in global chip sector opens opportunity for India: Vaishnaw

New Delhi: Union Minister for Electronics and Information Technology Ashwini Vaishnaw on Friday said the global semiconductor industry is facing a talent shortage of around 10 lakh professionals, presenting a major opportunity for India to emerge as a key supplier of skilled manpower for the sector.

Speaking at the Software Technology Parks of India (STPI) centre in Patna, the minister said the global semiconductor industry is currently valued at around $800 billion and is expected to cross the $1 trillion mark within a year.

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