Big Business Backs Skilling Push

At least a dozen large companies, including Reliance Group, Adani Group, and Mahindra Group, have shown interest in partnering with the Union government for the Rs 60,000-crore National Scheme for Industrial Training Institute (ITI) Upgradation. This initiative aims to upgrade 1,000 ITIs and train two million youth over five years, focusing on sectors aligned with future industry demands.

Hub-and-Spoke Model for Training

Under the innovative 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. This model ensures industry-aligned skills training across various sectors.

Industry Participation and Sectoral Focus

Companies like JK Cement, Jindal Group, and Toyota India have submitted their preferred states and sectoral interests, ranging from construction and automotive to renewable energy and port operations. Discussions are also underway with other major players like Larsen & Toubro and Bajaj Auto, highlighting widespread industry support for the scheme.

Funding and Global Partnerships

The scheme's funding includes significant contributions from the Centre, states, and industry, with international support from the World Bank and the Asian Development Bank. This collaborative effort underscores the global importance of creating a competitive, future-ready workforce.