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Reading: Medhavi Skills University and RIICO Collaborate to Bridge Semiconductor Skill Gap
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Home > News > Medhavi Skills University and RIICO Collaborate to Bridge Semiconductor Skill Gap
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Medhavi Skills University and RIICO Collaborate to Bridge Semiconductor Skill Gap

Shalini Pathak Published Sep 5, 2024
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Medhavi Skills University and RIICO Collaborate to Bridge Semiconductor Skill Gap
Medhavi Skills University and RIICO Collaborate to Bridge Semiconductor Skill Gap
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In a strategic move to address the growing talent crunch in India’s semiconductor industry, Medhavi Skills University (MSU) has recently inked a Memorandum of Understanding (MoU) with Rajasthan State Industrial Development & Investment Corporation Ltd (RIICO). The partnership aims to implement specialized skill development training in the electronics sector as part of RIICO’s Corporate Social Responsibility (CSR) initiative.

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The collaboration with RIICO will focus on skilling India’s youth, particularly in semiconductor-specific industrial qualifications. Training programmes will be conducted in top educational institutes across Jaipur, Jodhpur, and Udaipur, offering courses such as Semiconductor IC Design and Verification Professional, Semiconductor IC Design Associate, and Introduction to Semiconductors and Integrated Circuits (ICs). These courses are approved by NCVET and aligned with NSQF, ensuring quality and relevance.

With the rise in demand for semiconductors driven by technological advancements in sectors like automotive, consumer electronics, and telecommunications, the need for highly skilled professionals in semiconductor design and technology is more pressing than ever. India’s semiconductor industry will need more than 300,000 skilled professionals by 2027, underscoring the urgent need for specialized training.

The Semiconductor Industry Association (SIA) projects that global semiconductor sales will surpass $1 trillion by 2030, yet India’s contribution to the workforce remains limited due to the prevailing skills gap. The country has produced electronic components worth Rs 18,083.55 crore, reflecting India’s growing role in the global semiconductor ecosystem. However, industry experts note that while investments are in place, more skilled professionals must be a barrier to India’s ambition of becoming a semiconductor powerhouse.

Addressing this demand, Medhavi Skills University is leading the charge with industry-aligned education, bridging the gap between academic learning and the sector’s evolving needs. The University, in partnership with Logicknots India Private Limited, a fast-growing software company and NSDC-IIT Guwahati Training Partner), aims to alleviate this gap by providing targeted training in semiconductor design and technology.

Speaking on the occasion, Kuldip Sarma, the Pro-Chancellor of MSU, stated:

We are excited to join hands with RIICO in addressing one of the most critical challenges facing the semiconductor industry – the skills gap. Through this initiative, we are contributing to the growth of the electronics sector in India and supporting the broader Skill India Mission. We are preparing the Indian youth for a future-ready career and strengthening India’s position in the global semiconductor market.

MSU’s curriculum, designed in collaboration with Logicknots, is industry-relevant and provides theoretical knowledge and practical exposure, ensuring that students are equipped with the skills necessary for immediate employability. The alliance between MSU and RIICO is a significant milestone in fostering industry-academia collaboration and creating a long-term talent pipeline for the semiconductor industry.

TAGGED: Employability Skills, Higher Education, MOU, Partnerships, Skill Development, Skill Training, Universities
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By Shalini Pathak
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Shalini Pathak is a Staff Writer at EdTechReview (ETR) - India's leading edtech media & community. She has over four years of experience in media, covering different beats. Like all writers she's an enthusiastic reader first with a passion to create out of the box content, and an ability to write about any topic. As a part of the ETR team, she will cover the latest in the edtech industry with a focus on edtech startup stories and their funding.
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