India’s Semiconductor Industry To Create 1 Million Jobs By 2026: Report

India’s ambitious push to become a global semiconductor manufacturing hub expect to create approximately 1 million jobs across various sectors by 2026, according to a new report. This surge in employment will span several key areas, including semiconductor fabrication, Assembly, Testing, Marking, and Packaging (ATMP), chip design, software development, and supply chain management.

The report estimates that chip semiconductor fabrication alone will generate around 300,000 jobs, while ATMP will contribute approximately 200,000 positions. Other roles will emerge in fields like system circuits and manufacturing supply chain management, driven by the increasing demand for chips in electronics, automotive, and telecommunications.

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India’s semiconductor initiative aligns with the government’s ongoing efforts to boost domestic electronics production and reduce reliance on imports. In recent years, multiple global semiconductor companies have shown interest in setting up production units in India, recognizing its growing potential in the sector.

This job growth not only reflects India’s commitment to advancing its tech industry but also signals a significant shift in the global semiconductor landscape as countries seek to diversify their supply chains. The development could have a transformative impact on the nation’s economy, positioning India as a critical player in the semiconductor market.