The rapid expansion of digital infrastructure in India, driven by the rollout of broadband and 5G networks, is expected to create over 1 lakh new job opportunities in the fiber tech sector over the next five years.
This growth is a significant boost to the Indian telecom market, which is projected to grow from USD 48.61 billion in 2024 to USD 76.16 billion by 2029, reflecting an annual growth rate of 9.40%.
Driving Factors Behind Job Creation in Fiber Tech Sector
The increasing fiberisation of telecom towers is a key factor contributing to this surge in job opportunities.
As of 2023, approximately 7,00,000 kilometers of optical fiber cable have been laid across the country, significantly enhancing digital connectivity.
The government and telecom operators are focusing on expanding fiber infrastructure to support 4G, 5G, and broadband services, leading to a higher demand for fiber technicians.
Fiber technicians are employed across various sectors, including telecommunications, IT, construction, and manufacturing.
The roles often involve network expansion, infrastructure setup, installation, maintenance, and repair of fiber optic cables.
Job roles such as fiber engineers, splicers, installation and repair technicians, fault resolution teams, and field technicians are seeing growth.
This is due to the expanding telecom infrastructure.
Challenges and Attrition Rates
Despite the promising job prospects, the fiber tech sector faces challenges such as high attrition rates. These rates range between 35-40% annually.
The reasons for this include long working hours, low salary increments, and poaching of employees by competitors.
Addressing these issues will be crucial to retaining skilled talent in the industry.
Looking ahead to 2030, 5G technology is expected to reach its peak, offering unprecedented speeds, lower latency, and enhanced connectivity.
This will further drive the demand for skilled fiber technicians and create more job opportunities in the sector.
The ongoing digital expansion is not only boosting employment but also contributing to the overall growth of the Indian economy.
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