Visakhapatnam, The Andhra Pradesh government, the Centre and AM/NS India on Monday signed a shareholders’ agreement to upgrade four ITIs in the Visakhapatnam cluster at an investment of ₹ 200 crore.
The upgrade will be carried out under the Pradhan Mantri Skilling and Employability Transformation through upgraded ITIs scheme, a press release said. The National Steering Committee of PM-SETU approved the Visakhapatnam cluster’s strategic investment plan, the first such approval in the country, the release said. Andhra Pradesh IT Minister Nara Lokesh said the partnership would equip students at the four Industrial Training Institutes with industry-relevant practical skills.
“Our priority is to ensure that Andhra Pradesh’s industrial growth creates opportunities for our young people. PM-SETU, a Centre-sponsored scheme with an outlay of ₹ 60,000 crore, aims to upgrade 1,000 government ITIs through industry partnerships and strengthen five National Skill Training Institutes, the release said.
This partnership with AM/NS India will help students at four Government ITIs gain practical skills that employers need,” he said. Ashutosh Telang, director and vice-president of HR and Administration at AM/NS India, said the partnership would bring the company’s manufacturing experience and NAMTECH’s technical education expertise to the four government ITIs. “Through this partnership, we will bring our manufacturing experience and NAMTECH’s technical education expertise to four Government ITIs in the Visakhapatnam cluster,” he said.
