Semiconductor sector to create 1 million jobs in India by 2026

14 Nov 2024 CW Team

India’s semiconductor industry is poised to create 1 million jobs by 2026, according to a report by NLB Services. As India moves towards becoming a global semiconductor manufacturing hub, job opportunities will span various sectors, including chip fabrication, assembly, testing, packaging (ATMP), and roles in chip design, software development, and supply chain management.

The report highlights that demand will rise for skilled professionals such as engineers, technicians, operators, and specialists in areas like quality control and materials engineering. India’s goal to build a robust semiconductor talent pipeline by 2026 is underscored by the need for workforce development programs, including upskilling and reskilling initiatives.

In addition to government backing, private companies are expected to invest in new semiconductor assembly and testing facilities in India. The expanding sector is also expected to create construction-related jobs as facilities are developed. However, the industry faces challenges, including a talent shortage. To address this, the report stresses the importance of hands-on training, including internships, which can help students gain practical experience.

As India seeks to meet the target of 1 million skilled workers by 2026, the report suggests that the country will need to upskill 500,000 workers annually. The sector’s growth is also expected to lead to a 25% increase in investment in skilling programs in the next few years.

Infrastructure Energy

09 Mar 2026

BMW Industries partners with IOCL for PNG supply at Bokaro plant

BMW Industries has entered into a strategic partnership with Indian Oil Corporation (IOCL) for the supply of Piped Natural Gas (PNG), reinforcing its commitment to adopting cleaner and more efficient energy sources for its operations.The agreement was signed at the Eastern Region Pipelines (ERPL) headquarters in Kolkata. The partnership is expected to support the company’s upcoming manufacturing facility in Bokaro by facilitating the use of natural gas as a primary energy source.According to the company, the adoption of PNG will help enhance operational efficiency while also contributing to ..

Bombay Realty Secures RERA for Three ICC Tower in South Mumbai

Bombay Realty, the real estate arm of Bombay Dyeing and part of the Wadia Group, has received Real Estate Regulatory Authority (RERA) certification for Three ICC – Wing A, the latest luxury residential tower at Island City Center in Mumbai’s Dadar.The RERA registration marks a key milestone in the development timeline and reinforces the company’s focus on regulatory transparency, timely project delivery, and high construction standards.Following the success of One ICC and Two ICC, the upcoming Three ICC tower represents the next phase of the Island City Center development. The project ai..

Flender launches India’s largest wind gearbox test rig in Walajabad

Flender has inaugurated a 13.5 MW wind turbine gearbox test rig at its Walajabad facility near Chennai, marking the largest installation of its kind in India. The new facility is expected to strengthen the company’s manufacturing and testing capabilities while supporting the growing demands of the wind power sector in both domestic and global markets.The test rig was inaugurated on March 5 in the presence of Andreas Evertz, Group CEO, Flender; Lars Wiegemann, Vice President Wind Gears, Flender; and Vinod Shetty, CEO, Flender India, along with key industry customers and stakeholders.The insta..