Tuesday, January 10, 2012

VLSI Sector Will Create 75,000 Job Options By 2015



President of Hyderabad chapter of The Indus Entrepreneurs JA Chowdary said that the VLSI designing industry will see rapid growth in the coming years.
Around 75,000 job opportunities will be generated for the very large-scale integration (VLSI) chip designing segment in India by 2015, said JA Chowdary, president, Hyderabad chapter of The Indus Entrepreneurs (TiE) at the 25th International Conference on VLSI Design and the 11th International Conference on Embedded Systems. The three-day conference started in Hyderabad on Monday.

At the conference, Chowdary told reporters, “About 25,000 people are currently employed in the VLSI designing industry in the country. With rapid growth expected in the coming few years, the segment will employ 75,000 people by 2015.”


According to Dasaradha R Gude, convener of the conference, the embedded systems market is one of the key drivers of Indian research and development (R&D) offshoring. He said that this market is pegged around $25 billion globally at present and is growing at a compounded annual growth rate (CAGR) of 16 per cent.

Around 50 eminent speakers are participating in silver jubilee conference. The theme of this year's conference is 'Embedded Solutions for Emerging Markets – Consumer, Energy, Automotive'. Around 450 delegates from all over the world have come to participate in the conference, states a Business Standard report.
Jaswinder S Ahuja, corporate vice-president and managing director of Cadence Design Systems in India, said that long-term trends for the semiconductor industry and electronics are robust, and are driven by engineering excellence and creativity.

Ahuja also delivered his keynote at the conference, and said that with ‘killer apps’ driving innovation, mobility will become the norm. Ahuja shared, “Today, apps drive the industry. This trend is here to stay.” He further added that systems companies would now require semiconductor companies to deliver application-driven hardware-software platforms.

No comments:

Post a Comment