New Delhi: The Society of Indian Automobile Manufacturers (SIAM) has highlighted the need for India to double its annual addition of EV-ready workers from 15,000 to 30,000 to achieve full localization of EV components by 2030.
According to SIAM’s ‘EV Skill Gap Study’, the advent of EVs is expected to create around 200,000 direct jobs, excluding shop floor and contractual positions, with a total talent investment of ₹13,552 crore for hiring and training. The estimated hiring cost is ₹7,671 crore, and the training cost is around ₹5,881 crore.
The Indian automotive industry will require up to 200,000 skilled workers by 2030 to meet the government’s goal of 30% electric vehicle adoption. Additionally, India will need 60 Automotive R&D centres by 2030.
The report, released by Union Minister of Heavy Industries and Steel, HD Kumaraswamy, during a SIAM-organized workshop, noted that 43% of technical competencies between Internal Combustion Engine (ICE) and EV have minimal overlap, necessitating fresh skilling, while 27% have a high overlap, requiring re-skilling.
The report also pointed out that only 57.44% of B.E. and B.Tech graduates are employable, with even lower rates for EV and digital skills. It recommended curriculum revisions across 15 competencies and noted a 38% faculty shortfall in top engineering institutes, with high-quality EV educators preferring industry roles over academia.