Business

Semiconductor boom may add 1 lakh jobs; senior engineers earn 6x IT salar

Industry experts estimate over 1 lakh jobs in the next three years through the country’s efforts to build a semiconductor ecosystem of its own. Professionals with specialised skills, including process engineering, chip fabrication, chip design, systems engineering and product architecture, can earn four to six times the salaries of IT services professionals with similar experience. The difference is particularly pronounced at the mid-to-senior levels.

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