Latest news with #ViksitBharat2047
Hans India
10 hours ago
- Automotive
- Hans India
Government of Karnataka Recognizes WorldSkills 2024 Winners from Toyota Kirloskar Motor
Reaffirming its commitment to the 'Skill India Mission' and India's aspiration for 'Viksit Bharat 2047,' Toyota Kirloskar Motor (TKM) today proudly announced the felicitation of their ten talented employees by the Government of Karnataka for their exceptional achievements at the WorldSkills Competition 2024 held in Lyon, France. At a ceremony held at Vidhan Soudha, the Hon'ble Chief Minister of Karnataka, Sri Siddaramaiah, along with Hon'ble Minister of Medical Education & Skill Development Dr. Sharanprakash R Patil felicitated the winners in the presence of senior executives from Toyota Kirloskar Motor. A total of ten awardees, Prem V, Bhanu Prasad, Darshan Gowda, Nelson, Mohith MU, Harish R, Hemanth, Udhay, Rohan and Sudeep were recognized for their outstanding skills and commitment. These young professionals, trained at Toyota Technical Training Institute (TTTI), stood out among international competitors from over 60 countries. Each employee brought unique strengths to India Skills & WorldSkills Competition 2024, contributing to the team's remarkable performance. While Prem Vasanth Kumar achieved a Medallion of Excellence in Additive Manufacturing, Bhanuprasad SM and Darshan Gowda CS showcased remarkable versatility to achieve the Medallion of Excellence in Mechatronics at WorldSkills Competition 2024. The Medallion of Excellence is awarded to competitors who score 700 or more points. Further, the Mechatronics candidates were awarded second place in the Sustainable Practice Award, having successfully completed tasks measured against industry sustainability standards with the highest level of performance. Nelson, Mohith MU, and Harish R clinched the National Gold Medal in the Manufacturing Team Challenge, while Udhay, Hemanth, and Rohan received the Silver Medal, and Sudeep earned a Medallion of Excellence in Mechatronics & Car Painting skills—reaffirming Toyota's continued leadership in nurturing high-quality technical talent. The Karnataka State Government awarded cash prizes of INR 5 lakh for each WorldSkills Medallion of Excellence winner, INR 3 lakh for National Level Gold Medalists, and INR 75,000 for Silver Medalists. Speaking on the recognition, G. Shankara, Executive Vice President, Finance and Administration, Toyota Kirloskar Motor, said, 'We are extremely proud of our employees and their outstanding accomplishments at WorldSkills 2024. We thank Government of Karnataka for recognizing & encouraging the winners. Their journey is an inspiring example of what can be achieved when dedication meets opportunity. This achievement reinforces our alignment with national initiatives like 'Skill India' and 'Viksit Bharat 2047' and state initiatives such as 'Karnataka Kaushalya' as we remain committed to building a skilled workforce for the nation. At Toyota, we are committed to transform rural youth to world class competitive technicians, creating opportunities and driving positive change in the communities we serve is central to our purpose, and we will continue advancing this journey toward inclusive growth and shared progress.' All ten employees are alumni of the Toyota Technical Training Institute (TTTI), an institute established by TKM to empower rural youth with advanced manufacturing skills. Established in 2007, TTTI offers a three-year residential program in key trades like Assembly, Paint, Weld, and Mechatronics, with a strong focus on holistic development. Students undergo rigorous technical training alongside physical and character-building activities, including community service. With over 1,400 graduates and a 100% placement record, TTTI-trained students have consistently excelled at national and global skill contests, including the WorldSkills Competition, earning accolades and recognition for their technical excellence. To scale its impact, TKM has recently doubled TTTI's intake, introduced dedicated seats for female candidates, and upgraded residential and training infrastructure. Complementing TTTI's efforts, Toyota Kaushalya serves as another key initiative aimed at expanding access to skill development. The Toyota Kaushalya program is a two-year, free training model with on-the-job learning for underprivileged youth. Furthermore, Toyota has also partnered with industrial and technical training institutes across India to create the Toyota Technical Education Program (T-TEP). To date, Toyota has established 68 T-TEP centres across India, benefitting over 14,000 students. As India moves forward on its journey toward becoming a global skills capital, Toyota Kirloskar Motor remains steadfast in its vision to contribute meaningfully through sustained investment in training, education, and community development.
Time of India
a day ago
- Business
- Time of India
10 old thermal plants to be converted into nuclear power units by 2047
The government has identified 10 old or retired thermal power sites for repurposing them into nuclear power units. The move is part of the Centre's ambitious aim to reach 100 GW nuclear power capacity by 2047 from about 8.8 GW currently. Shortlisting of the 10 sites across various states is "preliminary" and a final decision will be taken after inspections by a site selection committee, which has members of Nuclear Power Corporation of India , said people close to the development. One of the sites, Wanakbori thermal power plant in Gujarat, has already been visited by a team, one of the persons said. The site contains seven units of 210 MW each. "The list is raw and a first step in the process. The selection of nuclear plants is much more stringent than thermal, so the process will take time," the person said. The site selection process will hinge on the plants' seismicity, water availability, and nearby habitation, the person added. A government official explained that the key benefits of converting old thermal power plants for nuclear energy generation is the existing availability of land, water, and transmission lines. However, factors such as marking exclusion zones of at least 1 km radius around a nuclear plant, with prohibitions for public habitation, will need to be considered before taking a final decision, the official said. The power ministry is evaluating various modes of nuclear power generation, including installing small modular reactors , in the converted thermal units, based on the size and resource availability, the official added. The government's target for 100 GW of nuclear energy capacity is likely to entail deploying various technologies as part of Viksit Bharat 2047 vision . India is aiming to first reach 22 GW nuclear power capacity by 2032.
Time of India
a day ago
- Business
- Time of India
10 old thermal plants to be converted into nuclear power units by 2047
The government has identified 10 old or retired thermal power sites for repurposing them into nuclear power units. The move is part of the Centre's ambitious aim to reach 100 GW nuclear power capacity by 2047 from about 8.8 GW currently. Shortlisting of the 10 sites across various states is "preliminary" and a final decision will be taken after inspections by a site selection committee, which has members of Nuclear Power Corporation of India, said people close to the development. One of the sites, Wanakbori thermal power plant in Gujarat, has already been visited by a team, one of the persons said. The site contains seven units of 210 MW each. "The list is raw and a first step in the process. The selection of nuclear plants is much more stringent than thermal, so the process will take time," the person said. Live Events The site selection process will hinge on the plants' seismicity, water availability, and nearby habitation, the person added. A government official explained that the key benefits of converting old thermal power plants for nuclear energy generation is the existing availability of land, water, and transmission lines. However, factors such as marking exclusion zones of at least 1 km radius around a nuclear plant, with prohibitions for public habitation, will need to be considered before taking a final decision, the official said. The power ministry is evaluating various modes of nuclear power generation, including installing small modular reactors , in the converted thermal units, based on the size and resource availability, the official added. The government's target for 100 GW of nuclear energy capacity is likely to entail deploying various technologies as part of Viksit Bharat 2047 vision. India is aiming to first reach 22 GW nuclear power capacity by 2032. Economic Times WhatsApp channel )
Mint
a day ago
- Business
- Mint
India-UK FTA to feature first-ever innovation chapter, says commerce secretary
New Delhi: The India-UK free trade agreement will feature a dedicated chapter on innovation, commerce secretary Sunil Barthwal said on Monday, marking a shift in India's trade strategy towards deeper technological and research partnerships. The pact is in its final stages, with both sides subjecting the chapters to legal scrutiny. 'This is for the first time that a chapter on innovation is being added in an FTA. A working group will be set up to advance cooperation in this area,' Barthwal said, highlighting that the India-UK FTA could become a template for next-generation trade agreements. The innovation chapter aims to go beyond the traditional focus on goods, tariff concessions, services and investment, and instead promote collaboration in areas like health technology, artificial intelligence, clean energy and advanced manufacturing. Barthwal pointed to sectors like medical devices—including MRI machines—as having immense potential for joint development and technology-sharing between India and the UK. The move reflects a broader evolution in global trade thinking, where FTAs are increasingly being used to create 'innovation corridors' that link economies not just through goods and services but also through shared R&D efforts, start-up ecosystems, and technology transfer frameworks. For India, this marks a strategic step in positioning itself as a hub for innovation-driven growth, aligned with its ambitions under the 'Viksit Bharat 2047' vision. 'Modern FTAs today are leading the innovation corridors. India must align its trade strategy accordingly,' Barthwal said, noting that India sees innovation not as a by-product of trade, but as a deliberate area of cooperation. India and the UK have also set a precedent by adding a dedicated chapter on anti-corruption and anti-bribery measures, according to a policy paper released by the UK government and reported by Mint on 10 May. India has no such dedicated measures in its FTAs signed with Australia, the UAE, and the European Free Trade Association (EFTA), a four-nation bloc comprising Iceland, Liechtenstein, Norway, and Switzerland. The inclusion of a chapter on anti-corruption in the India-UK FTA is a crucial step towards levelling the playing field for exporters and investors, who often face inflated costs and operational uncertainty in markets affected by such malpractices. As per the FTA's policy paper, the UK has eliminated tariffs on 99% of its exports to India, covering nearly the entire trade value, as the two nations aim to double bilateral trade to $100 billion by 2030. Negotiations for the free trade agreement began in January 2022.
Time of India
2 days ago
- Business
- Time of India
Indian Bank's SHG credit outreach benefits 3,000 women in TN
Madurai: Indian Bank organised a 'Mega SHG Credit Outreach Programme' at Tamukkam Convention Centre on Saturday, benefiting over 3,000 women from self-help groups (SHGs) across Tamil Nadu. The event, held under a nationwide initiative of the department of financial services (DFS), marked a significant push towards financial inclusion and women-led development as part of the "Viksit Bharat 2047" vision. Addressing the gathering, DFS secretary M Nagaraju said the SHG-bank linkage, which began in 1982, has since grown into a nationwide movement reaching 178 million households. "Today, 14.42 million SHGs are linked to savings accounts, and 7.74 million have access to credit. More than 58% of these operate under the National Rural Livelihoods Mission (NRLM)," he said. Nagaraju noted that SHG-bank linkages are strongest in southern and eastern India, each contributing 30% of the total. He urged experienced SHGs to explore business loans backed by government guarantees. Indian Bank has also opened 57 exclusive microsite branches, including 35 in Tamil Nadu, to serve SHGs. MSID:: 122419829 413 |
