SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 19 Apr, 2024  

Electronics.9.Thmb.jpg Indian electronics industry sees impressive 154 pc growth in hiring, skilling: Report

Electronics.9.jpg
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
IANS | 18 Apr, 2024
The electronics industry in India saw a massive 154 per cent growth in hiring and skilling in the last financial year (from March 2023 till March this year) and the telecom domain led the industry, a report showed on Thursday.

The telecom vertical accounted for 64 per cent of hiring, closely followed by lighting and automotive sectors, according to research conducted by Quess Corp Ltd, a workforce management solutions provider.

The electronics industry also witnessed a significant deployment of women in various roles, particularly in manufacturing.

“Women are increasingly being deployed as operators, quality assurance professionals, and in testing roles,” the findings showed. Women constitute 78 per cent of the industry’s workforce.

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.

“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,” said Lohit Bhatia, President of Workforce Management at Quess Corp.

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.

The surge in women's employment within electronics manufacturing can be attributed to several factors.

The nature of the work, which often involves intricate assembly and precise handling of small parts, complements women’s skill in dexterity and attention to detail.

“Additionally, women demonstrate a strong ability to learn quickly and adapt, enabling them to thrive in fast-paced production settings,” the report noted.

Several key roles are in high demand, such as electronic engineers, instrumental engineers and electronic design engineers. The average salaries for these roles range from Rs 18,000 per month to Rs 32,000 per month.

The research also showed that flexible staffing has emerged as the preferred mode of employment in the electronics manufacturing services (EMS) industry.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter