This Sector Has Promised To Create Over 10 Million Jobs In The Next 5 Years
India’s telecom industry from the past one year has been going through some job losses due to consolidation. At present, the sector employs over 4 million people, directly as well as indirectly.
Since last year, the telecom sector has already lost around 40,000 jobs and according to some reports, this is likely to continue for the next six-nine months, with the total figure expected to reach 80,000-90,000.
However, the Telecom Sector Skills Council (TSSC), skill development body formed by the National Skill Development Corporation and telecom players now has promised to create over 10 million employment opportunities in the next five years.
CEO of the Telecom Sector Skill Council (TSSC) S.P. Kochhar in an interview with PTI explained that currently, the telecom sector has been employing about 4 million people, but by the end of five years the scenario will be changed, that 14.3 million people will be employed in telecom as well as telecom manufacturing.
Due to a various number of reasons, people are shifting out of China and in turn are looking at different places to set up manufacturing facilities and apparently, India is becoming one of the best choices for them.
The tower companies are showing interest in this type of a venture and are also willing to give the sector equipment out of CSR (corporate social responsibility), where all tower technicians can be trained efficiently and then they are free to employ. This is the type of ecosystem they are planning to create in the next one year.
TSSC is going to build training modules based on national occupational standards which will be prepared in conjunction with the industry and is approved by the government. Kochhar also said in the interview that the telecom is no longer about voice. It is shifting towards data which is creating new types of jobs.
On the sector’s new expectation Kochhar further said that there is a lot of hope for the progress of manufacturing business in India which in turn can help in the growth of telecom sector. He said TSSC is going to build training modules based on national occupational standards which will be prepared in conjunction with the industry and is approved by the government.
Other than promising the rise in job opportunities in the telecom sector, the industry has also promised to change the approach of looking for employment after training to training based on job demand that will come from industry. In fact, TSSC is also willing to invest to create a centre of excellence where people can be trained around products in the sector.