MeitY Secretary: India to Gain 4 Million AI and Chip Jobs by 2030

S Krishnan, Secretary of the Ministry of Electronics and Information Technology (MeitY), has projected a seismic shift in India’s employment landscape, stating that Artificial Intelligence and semiconductor manufacturing are set to create 4 million (40 lakh) new jobs by 2030.

This transition marks a pivot from traditional labor-intensive roles to high-value, tech-first positions.

The Great Skill Shift and Jobs Creation

Krishnan spoke on the evolving nature of the tech sector. He highlighted that traditional coding and basic programming roles are fundamentally transforming.

While automation may displace nearly 1.5 to 2 million legacy positions, “AI-first” roles will replace them.

Experts expect new opportunities in application development, data engineering, and AI ethics to dominate the hiring market over the next five years.

The Secretary cited a collaborative study by the Boston Consulting Group (BCG) and Nasscom, which underscores that AI integration into global tech services will drive the demand for skilled professionals.

Semiconductors: Beyond the Fab

Krishnan emphasized that the economic impact of semiconductor fabs extends far beyond the factory floor.

This remains true even though these units are highly automated.

These facilities require specialized technicians and experienced engineers, but the real job surge will occur in allied industries.

Current estimates suggest the broader electronics sector, which already employs 1.5 million people, will expand its workforce to 4.5 million individuals.

Schemes like the Electronics Component Manufacturing Scheme (ECMS) are already operational.

The government has cleared twenty-five companies to build a local ecosystem that reduces dependency on high-value imports.

India’s Global Ambition

The government is closely monitoring the progress of ten sanctioned semiconductor projects across six states.

These include major plants by Tata Electronics and Micron Technology.

Commercial production is slated to begin soon. This will help India position itself among the world’s top four semiconductor nations by 2032.

“There will be no skillset challenge,” Krishnan assured, noting that the government is aggressively pushing talent development programs to ensure the workforce is ready for this high-tech leap.

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