However, availability of skilled manpower and managing attrition is a huge challenge. Ahuja says the attrition rate compared to the three-year-ago period has increased by a few points, mainly due to MNC investments in India. This has opened up multiple opportunities, particularly in R&D, and there is a need for a fundamental makeover of engineering education. While there are only skilled 25,000 VLSI engineers at present, there would be a demand for 75,000 by 2015, says a Nasscom report. “The electronics industry is a sunrise industry now and a lot of opportunities are there to be exploited at the design, component and assembly levels. All these segments offer tremendous job creation potential for talent from the ITI level to the PhD level,” says JA Chowdary, chairman Talentsprint.
Source: The Finnacial Express