The Indian telecommunications sector shaped by consumer demand, innovation and competitive forces offer tremendous growth opportunities. With the second largest subscriber base in the world with 1.06 billon connections (including fixed phone lines), the telecom industry is booming.
According to the industry body Cellular Operators Association of India (COAI), the mobile industry in India, currently contributing 6.5% (USD 140 billion) to country’s GDP, and employing over 4 million people (direct and indirect), is projected to grow rapidly in the coming years. By 2020, the industry is expected to contribute 8.2% to country’s GDP, and add 800,000 more jobs.
The entry of new service providers, the government’s initiatives like ‘Make in India’ and thrust on mobile economy will boost up job opportunities in India.
According to industry experts, the telecom sector is likely to drive employment in the wake of ambitious Digital India initiative beyond the government estimate of 8.3 million jobs in the next five years. The sector’s non-manufacturing and manufacturing segments could bring as many as 7 million and 5 million work opportunities to the Indian youth respectively, driven by telecom infrastructure-led schemes which is much higher to the earlier estimation.
Launched in August 2014, Digital India is the Prime Minister Narendra Modi’s prestigious umbrella program that envisages country to transform into a knowledge-based economy with an initial outlay of 1.13 lakh crore for initiatives such as universal access to mobile connectivity, broadband network in all gram panchayats (village blocks) and electronic delivery of services.
According to the industry body report compiled by TeamLease along with Telecom Sector Skill Council mentioned that, the overall hiring will see a boost, the verticals that will drive the manpower requirement are handset makers (1.76 million) followed by the service providers (0.37 million).
With 5G technology, the infrastructure sector will catch up and add a plethora of opportunities in the long run. Infrastructure will add 0.92 million jobs by 2020-21 and the overall labour requirement for the sector by 2021 will be over 8.7 million.
Engineers, infra and cyber security professionals, application developers, system engineers, I-DAS engineers, in shop sales executives, handset manufacturing technicians, call center executives, services & infrastructure technicians , back office & administration and repair executives are some of the professions which will see a rise in demand in 2017.