The author of the article is Mr. Subburathinam P, Chief Strategy Officer, TeamLease Services Limited
The past decade has seen exponential technological growth, necessitating significant shifts in skills and workforce dynamics. Automation and AI are driving the need for workers to develop new competencies, while companies must reorganize work structures.
In India, this rapid technological transformation is particularly evident in the electronics fabrication sector and the burgeoning 5G infrastructure. These advancements are not only enhancing industry capabilities but also creating substantial employment opportunities for the youth. This shift underscores the critical need for skill development to keep pace with evolving technological demands and ensure the youth are equipped for future job markets.
Electronics Fabrication: A New Era of Manufacturing
India’s technological landscape is transforming rapidly, particularly in the electronics fabrication sector. Leveraging cutting-edge materials and processes like organic electronics and 3D printing, the country is pushing the boundaries of modern manufacturing. This shift towards sophisticated techniques generates a substantial need for skilled professionals who can navigate the complexities of contemporary fabrication technologies.
As a result, there’s a growing emphasis on upskilling the youth workforce to handle advanced equipment and materials, fostering a new generation of tech-savvy professionals equipped to drive innovation. The demand for digital skills, including AI, Big Data Analytics, and IoT, is soaring. The semiconductor industry, poised to become a $100 billion industry by 2030, is expected to generate approximately 1 million global jobs by 2025-2026. India requires 250,000-300,000 skilled professionals in 2027 across R&D, design, manufacturing, and advanced packaging domains. Despite substantial progress, closer industry-academia ties are essential for the government’s efforts to yield the desired results, emphasising the need for collaborative training programs aligned with current market needs.
Telecom Industry: Technological Advancements
The advent of 5G technology in India is revolutionising industries, creating jobs and new profiles for 2024 and 2025. This 5G boom is creating many jobs and require skilled workers in fields like cloud computing, robotics, and IoT. The telecom sector alone is projected to employ 67.9 lakh workers in FY25, with a 29.5% growth rate focused on 5G roles.
Emerging job profiles include 5G technology developers, cybersecurity experts, RF systems architects, AI/ML developers, and 5G ORAN architecture specialists. Key skills needed are technical knowledge of devices, open-source architecture, IoT, and 5G technology, alongside niche skills for sectors like agriculture, retail, and financial services. Soft skills, such as adaptability and problem-solving, are also crucial.
Airfibre: Expanding the Job Market
Airfibre technology, offering high-speed internet without wires, is creating jobs for telecom engineers, project managers, and FTTH planners. Telecom companies which have recently launched 5G services seek professionals to design and manage fibre optic services, and customer service roles are growing to meet the increased demand.
EV Industry: Driving Forward Job Growth
India’s Electric Vehicle (EV) industry is burgeoning, creating many job opportunities for the youth. In 2023, the EV sector saw job growth of 40-45% compared to the previous year, with hiring surging by 15-20% in 2024. By 2030, the industry could create 10 million direct jobs and an additional 50 million indirect jobs, significantly contributing to the country’s employment landscape. The market size of the Indian electric vehicle industry reached approximately USD 5.48 billion in 2023, with a projected compound annual growth rate (CAGR) of 34.7% between 2024 and 2032.
New job profiles emerging in the EV industry include battery engineers, electric powertrain engineers, charging infrastructure specialists, data scientists and AI experts, and regulatory compliance and policy experts. Key skills in demand are expertise in battery technology, electric powertrain development, charging infrastructure development, data analytics, AI, and regulatory knowledge. The EV industry is creating jobs and shaping the future of transportation, offering exciting and rewarding career opportunities for the youth.
Industry 4.0: Expanding Manufacturing Horizons
Industry 4.0, also known as the Fourth Industrial Revolution, is significantly impacting the manufacturing sector in India, creating new job opportunities and demanding a new set of skills, especially among the youth. Adopting Industry 4.0 technologies leads to workforce expansion, with 74% of employers projecting growth in the second half of FY24. Cities like Chennai, Bangalore, Hyderabad, and Coimbatore are emerging as top recruitment hubs.
New job profiles for youths include data architects, blockchain developers, AI developers, business analysts, and sustainability advisors. Skills in demand encompass technical expertise in PLC troubleshooting and programming, working with micrometres, blueprints, cutting equipment, and engineering drawings, alongside soft skills like adaptability to technological changes, cultural adeptness, and global awareness. Future trends indicate a focus on diversity and retention, with companies intensifying the use of emerging technologies such as IoT, AI, ML, Big Data Analytics, CPS, Cloud Computing, AR, VR, Robotics, and Automation to enhance efficiency and autonomy.
Renewable Energy: Powering the Future
The renewable energy sector in India is experiencing a significant surge in job opportunities, particularly for the youth. In FY24, job demand in this sector increased by 23.7%, a substantial rise from the 8.5% growth recorded in the previous fiscal year. Notable growth was in tier II and III cities. New job profiles emerging in the sector include solar PV technicians and installers, wind turbine technicians, energy storage operators, production operators, and waste management specialists.
Key skills in demand encompass technical proficiency in renewable energy systems, project management, data analysis, and sustainability practices. The sector is expected to continue its growth trajectory, with an increasing emphasis on green jobs and sustainability. This expansion highlights the importance of combining technical expertise and soft skills, such as adaptability and problem-solving, to support the industry’s evolving demands.
Conclusion: Adapting to a New Skill Set
As India continues to evolve technologically, the job market is transforming, demanding new skills. For the youth, this means an increasing need to focus on continuous learning and skill development to stay relevant and employable. From electronics fabrication and 5G networks to the EV industry and renewable energy sector, new-age skills are becoming prerequisites. By embracing these changes and upskilling accordingly, young professionals in India can look forward to promising and impactful careers in various dynamic fields.
The author of the article is Mr. Subburathinam P, Chief Strategy Officer, TeamLease Services Limited
