Telcom industry is expected to create about 40 lakh new jobs in the coming five years, owing to the growing popularity of internet and vast tappable potential among the rural youth. As government of India plans to connect all the 2.5 lakh village panchayats with high-speed broadband connection, expectation of people are rising.
As per the experts, there would be a huge rise in jobs for technicians, installation, service and maintenance providers, sales and in other sectors. K. Uppaluri, CEO of Randstad India, said that the sector has been growing aggressively at an average of 35 per cent a year.
According to Randstad, around 40 lakh direct and indirect jobs are estimated to be created in the next five years. These jobs would be encouraged by the increasing penetration of internet in the rural market as well due to popularity of mobile internet and broadband connections.
The leading employer, TE Connectivity, of the last decade estimated the need for around 2.75 lakh people by 2015. Rationalisation of tariffs and making more spectrums available to the people would also boost jobs. It will also include teaching skills to college graduates and at a low cost.
Rajiv Burman, Managing Partner at Lighthouse Partners, said that more spectrums are being made available by the government by getting defence establishment to relinquish the huge amounts they are sitting on, which will give a fillip to growth of mobile telephony and increase the demand for telecom gear.