Latest news with #ITI
Time of India
12 minutes ago
- Business
- Time of India
Keonjhar ITI is top performer
1 2 Keonjhar: The Government Industrial Training Institute (ITI) in Barbil has been awarded the title of top performing ITI in the eastern zone. The accolade was presented during the 10th anniversary celebration of the Skill India Mission, "Bharat SkillNxt", at Bharat Mandapam, New Delhi, on July 22, a press release said. Jayant Chaudhary, minister of skill development & entrepreneurship, presented the award to Samarth Verma, director of DTET, and Abhiram Roul, in-charge principal of ITI Barbil. The award recognises the institute's outstanding contribution to skill development and its role in empowering India's workforce.
Time of India
7 hours ago
- Business
- Time of India
Big business backs skilling push: Reliance, Adani, Mahindra among firms eye ITI upgrade, Rs 60,000 crore plan gains momentum
At least a dozen large companies have shown interest in partnering with the Union government for the Rs 60,000-crore National Scheme for Industrial Training Institute (ITI) Upgradation. Tired of too many ads? go ad free now Eight of these—including Reliance Group, , Mahindra Group, JK Cement, Jindal Group, Toyota India, Schneider Electric and ArcelorMittal Nippon Steel—have submitted their preferred states and sectoral interests to the Ministry of Skill Development and Entrepreneurship. These partnerships will help set up 'hub and spoke ITIs' to offer industry-aligned skills training, ET reported citing people aware of the matter. Under the hub-and-spoke model, designated ITIs will serve as central hubs for training and resources, while connected vocational institutes (spokes) will access advanced infrastructure and faculty support from the hub. Besides the eight companies that have already submitted proposals, discussions are underway with Larsen & Toubro, Bajaj Auto, and the Aditya Birla Group, as well as major public sector units like Bharat Heavy Electricals Ltd, Mazagon Dock Shipbuilders, and Hindustan Aeronautics Ltd, according to ET. The scheme, cleared by the Union Cabinet in May, aims to upgrade 1,000 ITIs and train two million youth over five years, focusing on sectors aligned with future industry demands. Funding for the initiative includes Rs 30,000 crore from the Centre, Rs 20,000 crore from states, and Rs 10,000 crore from industry. The central government's share will be co-financed 50:50 by the and the Asian Development Bank. Arunkumar Pillai, CEO of NAMTECH (New Age Makers' Institute of Technology), a training initiative by ArcelorMittal Nippon Steel India, said: 'NAMTECH aims to train 500,000 youths by 2028. Tired of too many ads? go ad free now We stand ready to partner with the government to scale this mission and create a globally competitive, future-ready workforce.' An internal ministry presentation, reviewed by ET, showed that JK Cement has proposed to work in Rajasthan, Uttar Pradesh, and Madhya Pradesh, offering skills training in construction, electrical and electronics, renewable energy, and hospitality. Mahindra Group has shortlisted Maharashtra, Madhya Pradesh, and Goa, proposing training in automotive and hospitality. Reliance Group has pitched for work in Maharashtra, Gujarat, and Andhra Pradesh, covering sectors like renewables, retail, advanced manufacturing, and petrochemical engineering. Jindal Group plans to impart training in both traditional and new-age trades in Haryana, Chhattisgarh, Odisha, and Jharkhand. Toyota India has proposed to upgrade ITIs in Karnataka for automobile-related trades, while Adani Group aims to upgrade institutes across Gujarat, Bihar, Madhya Pradesh, Chhattisgarh, Jharkhand, Odisha, and the Northeast for training in areas such as solar power, drones, and port operations.
News18
16 hours ago
- Business
- News18
Top Indian Companies Line Up To Partner In Rs 60,000-Crore ITI Upgrade Scheme: Report
Last Updated: 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. view comments First Published: July 22, 2025, 07:43 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
a day ago
- Business
- Time of India
Top companies gear up to rewire ITIs, list out preferred states, sectors
New Delhi: At least a dozen big companies have expressed interest in partnering with the skill development and entrepreneurship ministry in the Rs 60,000-crore National Scheme for Industrial Training Institute (ITI) Upgradation, said people with knowledge of the matter. Eight of these - Reliance Group, Adani Group, Mahindra Group, JK Cement , Jindal Group, Toyota India, Schneider Electric and ArcelorMittal Nippon Steel - have submitted to the ministry their preferred states and the sectors in which they are keen to set up "hub and spoke ITIs" to impart skills training. Explore courses from Top Institutes in Select a Course Category Data Science Degree MBA Design Thinking Finance Healthcare Technology PGDM MCA Management Digital Marketing healthcare Others Data Analytics CXO others Project Management Leadership Artificial Intelligence Cybersecurity Operations Management Public Policy Product Management Data Science Skills you'll gain: Duration: 10 Months E&ICT Academy, Indian Institute of Technology Guwahati CERT-IITG Prof Cert in DS & BA with GenAI India Starts on undefined Get Details Skills you'll gain: Duration: 30 Weeks IIM Kozhikode SEPO - IIMK-AI for Senior Executives India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months E&ICT Academy, Indian Institute of Technology Guwahati CERT-IITG Postgraduate Cert in AI and ML India Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK DABS India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIT Madras CERT-IITM Advanced Cert Prog in AI and ML India Starts on undefined Get Details "Besides these, talks are on with Larsen & Toubro, Bajaj Auto and Aditya Birla Group as well as with major public sector enterprises including Bharat Heavy Electricals Ltd , Mazagon Dock Shipbuilders and Hindustan Aeronautics Ltd to undertake ITI upgradation in their clusters," said one of the persons, who did not wish to be identified. Under the hub and spoke model, the ITIs designated as hubs will serve as central points for training and resource sharing, while the vocational training institutes acting as spokes will connect to the hub for accessing specialised resources. The scheme, approved by the Union cabinet in May, envisages upgradation of 1,000 ITIs and aims to impart skills training to two million youths over a five-year period with targeted courses that address the human capital needs of industries. The Centre will contribute ₹30,000 crore under the scheme, which was announced in the budget for 2024-25, while states will put in ₹20,000 crore and industry ₹10,000 crore, with co-financing to the extent of 50% of central share equally by the Asian Development Bank and the World Bank. "NAMTECH aims to train 500,000 youths by 2028. We stand ready to partner with the government to scale this mission and create a globally competitive, future-ready workforce," said Arunkumar Pillai, CEO of NAMTECH (New Age Makers' Institute of Technology), an educational initiative by ArcelorMittal Nippon Steel India. As per an internal presentation of the ministry of skill development and entrepreneurship, a copy of which was seen by ET, JK Cement has pitched for Rajasthan, Uttar Pradesh and Madhya Pradesh, with plans to impart skills training in construction, electrical and electronics, renewable energy and hospitality, while Mahindra Group proposes to upgrade ITIs in Maharashtra, Madhya Pradesh and Goa, and offer skills training in automotive and hospitality sectors. Reliance Group has shortlisted Maharashtra, Gujarat and Andhra Pradesh for renewables, retail, advanced manufacturing and petrochemical engineering, while Jindal Group proposes to impart skills training in conventional and new-age trades in clusters across Haryana, Chhattisgarh, Odisha and Jharkhand. While Toyota India has proposed to upgrade ITI in Karnataka for training in automobile related trades, Adani Group has pitched for upgrading ITIs across Gujarat, Bihar, Madhya Pradesh, Chhattisgarh, Jharkhand, Odisha and Northeast for training in areas including solar power, drones and port operations.
Time of India
2 days ago
- Business
- Time of India
Central team assesses damages in Himachal Pradesh's Thunag; DC says Rs 394cr lost
Kullu/Mandi: A central govt team visited the affected areas of Thunag sub-division in Mandi district on Sunday to assess the damage caused by floods and landslides, and was informed that the area suffered Rs 394 crore in damages. Led by G Parthasarathi, joint secretary, ministry of home affairs, the six-member team inspected the damage to houses and other properties in Bagsiad and the nearby village of Sharan. The team also inspected the Industrial Training Institute (ITI) and other damaged structures in the area. During a meeting with the visiting team, Mandi deputy commissioner Apoorv Devgan put losses suffered in the district at Rs 708 crore. Devgan said Karsog suffered a loss of Rs 55 crore and Dharampur of Rs 47 crore. At Fanyaar village, the team reviewed the destruction caused by a landslide and gathered information about the damage to a drinking water supply scheme on Chhadi Khad in Dhangudhar. Later, the team visited Thunag market and assessed the damage to homes, shops, and various institutions, as well as the impact of the severe flooding on the local economy. In Deji village, which was among the worst-hit areas, the team examined a road washed away by the flood and the damage to other public infrastructure. Devgan briefed the central team on the widespread damage in the region and also shared information about the ongoing restoration efforts. Local MLA and leader of the opposition Jairam Thakur also accompanied the central team and shared information about the disaster-related losses in the area. Special secretary (revenue and disaster management) D C Rana apprised the team of the relief and rehabilitation works being carried out by the state govt in the disaster-affected areas. Chairing the meeting, Kandarp V Patel, deputy secretary, ministry of finance, expressed sympathy with the people and said after receiving the final damage reports, the team will prepare a comprehensive report to be presented to the National Executive Committee on Disaster Management. Based on its recommendations, the final report will be submitted to the high-level committee chaired by the Union home minister. He urged all concerned departments to submit their damage assessment reports in line with the prescribed norms. BOXES DEPT-WISE LOSSES The DC also listed other losses caused in Mandi due to floods and landslides Department | Losses Public works | Rs 302 crore Jal shakti | Rs 190 crore Electricity | Rs 34 crore Other damages Fully damaged houses | 349 Partially damaged houses | 546 Shops | 241 Cow sheds | 755 393 still living in 15 camps There were as many as 1,155 livestock deaths, and around 700 people were provided shelter in 17 relief camps, said Mandi DC. At present, 393 people are still living in 15 camps, added the DC. 93 roads remain blocked After 19 days of the disaster that struck Mandi on July 1, 93 roads remain blocked in the district, with the highest 67 in the Seraj region. A total of 20 transformers are also non-functional, with 19 in Gohar sub-division of the district. Forty water supply schemes, 22 alone in Thunag sub-division, are still to be repaired. MSID:: 122797804 413 |
