Telecom industry to create 40 lakh jobs in coming five years

October 7, 2014

It is being expected that the telecom industry of India will create about 40 lakh new jobs in the coming five years, owing to the growing popularity of internet and vast tappable potential among the rural youth. The expectations rise as the Indian government plans to connect all the 2.5 lakh village panchayats with high speed broadband connection.

According to experts, there would be a huge rise in jobs for technicians, installation, service and maintenance providers, sales, marketing and in the HR sector.
Randstad India CEO K. Uppaluri said that the telecom sector has been growing aggressively at an average of 35 per cent a year. Though the bottom period of this sector is over, it continues to be a large job creator.

Around 40 lakh direct and indirect jobs are estimated to be created in the next five years as per Randstad. These jobs would be fueled by the growing penetration of internet in the rural market as well due to popularity of mobile internet and broadband connections.
Director of TE Connectivity India of India and SAARC Network Solutions, K K Shetty said that the challenge would be to get the right talent.

TE Connectivity, the leading employer of the last decade estimated the need for around 2.75 lakh people by 2015. Shetty further added that once the bandwidth comes into place and digitalization takes over, they will see substantial employment opportunities in content provider industry and related services industry.

Rationalisation of tariffs and making more spectrums available to the people would also boost jobs. It will also include teaching skills to college graduates and at a low cost.

Lighthouse Partners Managing Partner, Rajiv Burman said that more spectrums are being made available by the government by getting defence establishment to relinquish the huge amounts they are sitting on, which will give a fillip to growth of mobile telephony and increase the demand for telecom gear.

Randstad CEO Uppaluri said that with the increased use of technology, professionals will have to re-skill themselves to take up bigger roles and move up the value chain.

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