Surge in exports drives hiring jump in electronics

With the surge in electronics exports in recent months, hiring in the industry has jumped 154 per cent in March 2024 when compared to March 2023. This was commensurate with the increased manufacturing activity and exports in the electronics sector.

Electronics goods exports registered more than 23 per cent growth in FY24 and were one of the key drivers of merchandise exports.

According to Quess Corp, within the electronics industry telecom domain tops hiring demand, accounting for 64 per cent of hiring, closely followed by lighting and automotive sectors. Further,

Tamil Nadu leads the states with a significant 33 per cent share of electronics hiring demand, followed by Karnataka, Uttar Pradesh, and Telangana.

Tamil Nadu, which saw Apple contractors Foxconn and Pegatron and suppliers like Salcomp expanding operations, leads the country in exports.

In terms of job roles, electronic engineers, instrumental engineers, and electronic design engineers are in high demand. The average salaries for these roles range from `18,000 per month to `32,000 per month.

The electronics industry also witnessed a significant deployment of women in various roles, particularly in electronics manufacturing. Women constitute 78 per cent of the industry’s workforce and are employed as operators, quality assurance professionals with some companies achieving up to 80 per cent female representation.

“Industry forecasts the creation of one million jobs by 2025–2026, and market size is expected to reach $400 bn by 2025,” said Lohit Bhatia, president, Workforce Management at Quess Corp.