By In a strategic move to address the widening skill gap, Indian electronics and electric vehicle (EV) manufacturers are increasingly turning to apprenticeship programs. This initiative not only equips the youth with vital industry skills but also fortifies the sectors’ workforce for the future.
The electronics and EV sectors in India are witnessing a significant surge in apprenticeship engagement. Large manufacturers are recruiting apprentices at an unprecedented pace, often exceeding state-mandated quotas. This trend is a direct response to the talent gaps that have emerged as these industries expand rapidly.
Companies are offering stipends up to 70% higher than those mandated by states to attract apprentices for high-demand roles. The EV sector, in particular, has seen employment through apprenticeships double each year, while the electronics sector has experienced more than a tenfold growth in apprentice participation since 2019.
Policy Reforms and Industry Capacity
The increase in apprenticeship engagement is not only strengthening the industry’s capacity but also highlighting the effectiveness of recent policy reforms. The ‘Skill India’ initiative has played a pivotal role in this development, with tangible returns on investment from apprenticeships instilling confidence within the industry.
These programs provide a crucial avenue for the youth to secure formal employment, bridging the gap between academic knowledge and practical industry skills. The electronics sector alone has seen apprentice numbers rise from 7,500 in 2019 to 91,900 in 2023, marking a significant leap forward.
The Future of Indian Manufacturing
The commitment to apprenticeships is shaping the future of manufacturing in India. As the country positions itself as a global hub for electronics and EV production, the integration of skilled apprentices into the workforce is essential. This approach ensures a steady pipeline of trained professionals ready to meet the challenges of tomorrow’s tech landscape.
The focus on apprenticeships also reflects a broader shift towards sustainable employment practices, with companies investing in the long-term development of their workforce. This strategy promises to yield dividends not just for the industries involved but for the Indian economy as a whole.