In the last decade, India has established itself as a hub of technological innovation, spearheading the digital revolution globally. With the fastest 5G rollout in the world and the launch of 6G technologies aimed at 2030, there is a subsequent growth in the demand for a skilled labour force in the country.
India's telecom industry is a vital engine of the nation's economy, powering roughly 6.5% of the country's GDP. It ranks among the top sectors for job creation, making it a significant driver of employment. However, the industry is undergoing a dynamic transformation fuelled by the arrival of 5G-centric, next-generation technologies like data science, Artificial Intelligence (Al), Internet of Things (IoT), Blockchain, Robotics and Cloud Computing. These advancements generate a high demand for a well-skilled workforce equipped to handle these cutting-edge developments.
OPPORTUNITIES FOR TALENT GROWTH IN THE 5G ERA
A recent report by TeamLease highlights an important opportunity for the telecom sector in India: the need for a skilled workforce. The telecom industry is poised to address a shortfall of 2.5 million skilled workers, and this demand is expected to grow significantly by 2030. This trend coincides with a moderated pace of workforce growth in FY23-24 compared to the previous year.
This scenario underscores a pivotal point: as a key driver of India's economic growth, the telecom industry has a unique chance to attract and develop talent. The rapid technological advancements in 5G demand a highly trained workforce essential for efficient network operations. Mastering 5G will pave the way for 6G innovation, enabling India to unlock the full potential of next-generation technologies. By investing in skill development now, the industry can ensure sustained growth and technological leadership in the future.
NURTURING TELECOM TALENT FOR ECONOMIC GROWTH
This story is from the August 2024 edition of Voice and Data.
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This story is from the August 2024 edition of Voice and Data.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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