Top Indian Companies Line Up To Partner In Rs 60,000-Crore ITI Upgrade Scheme: Report
At least a dozen top Indian companies are in talks to join the Rs 60,000-crore ITI Upgradation Scheme with the Skill Development Ministry
At least a dozen leading Indian companies are in talks to partner with the Ministry of Skill Development and Entrepreneurship for the Rs 60,000-crore National Scheme for Industrial Training Institute (ITI) Upgradation, The Economic Times reported, citing people familiar with the matter.
Eight corporates — Reliance Group, Adani Group, Mahindra Group, JK Cement, Jindal Group, Toyota India, Schneider Electric, and ArcelorMittal Nippon Steel — have already submitted their preferred states and sectors to the ministry, outlining plans to establish 'hub and spoke" ITIs to enhance skills training, the report said.
'Besides these, discussions are also underway with Larsen & Toubro, Bajaj Auto, Aditya Birla Group, and several major public sector enterprises including Bharat Heavy Electricals Ltd (BHEL), Mazagon Dock Shipbuilders, and Hindustan Aeronautics Ltd (HAL) to take part in the ITI upgradation effort," a source told ET on condition of anonymity.
Approved by the Union Cabinet in May, the scheme aims to modernise 1,000 ITIs and train 2 million youth over the next five years. The hub-and-spoke model will allow central ITIs (hubs) to share resources with connected vocational institutes.
The financing structure includes Rs 30,000 crore from the Centre, Rs 20,000 crore from states, and ₹10,000 crore from the industry. Half of the central share is expected to be co-financed equally by the Asian Development Bank (ADB) and the World Bank.
According to an internal ministry presentation reviewed by ET, JK Cement has proposed to operate in Rajasthan, Uttar Pradesh, and Madhya Pradesh, with a focus on training in construction, electronics, renewable energy, and hospitality. Mahindra Group is keen on ITI upgrades in Maharashtra, Madhya Pradesh, and Goa, focused on the automotive and hospitality sectors.
Reliance Group has shortlisted Maharashtra, Gujarat, and Andhra Pradesh for training in renewables, retail, advanced manufacturing, and petrochemical engineering. Jindal Group plans to offer skills in both traditional and new-age trades in clusters across Haryana, Chhattisgarh, Odisha, and Jharkhand.
Toyota India is looking to upgrade ITIs in Karnataka for automobile-related training, while Adani Group has identified ITIs across Gujarat, Bihar, Madhya Pradesh, Chhattisgarh, Jharkhand, Odisha, and the Northeast for programmes in solar energy, drone operations, and port management.
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July 22, 2025, 07:43 IST
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