Andhra Pradesh's Visakhapatnam ITI Cluster First to Secure Approval Under ₹60,000 Crore PM-SETU Scheme
AMNS India Vizag cluster first SIP to get nod under ₹60,000 cr PM-SETU
Business Standard
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The National Steering Committee has approved the Strategic Investment Plan for the Visakhapatnam ITI Cluster in Andhra Pradesh, marking the first approval under the ₹60,000 crore Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) scheme. This initiative aims to enhance vocational training through industry partnerships.
- 01The Visakhapatnam ITI Cluster's SIP is the first approved under PM-SETU, a ₹60,000 crore initiative.
- 02The approval was granted during a meeting chaired by Debashree Mukherjee, Secretary of the Ministry of Skill Development and Entrepreneurship.
- 03AMNS India, in collaboration with NAMTECH, is the Anchor Industry Partner for this project.
- 04The PM-SETU scheme aims to transform 1,000 government ITIs into industry-managed institutions.
- 05The initiative is expected to serve as a model for other states in enhancing industry participation in vocational education.
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In a significant advancement under the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) scheme, the National Steering Committee has approved the Strategic Investment Plan (SIP) for the Visakhapatnam ITI Cluster in Andhra Pradesh. This approval, the first of its kind under the ₹60,000 crore initiative, positions Andhra Pradesh as a leader in operationalizing industry partnerships within the scheme. The meeting, chaired by Debashree Mukherjee, Secretary of the Ministry of Skill Development and Entrepreneurship, included prominent figures from various ministries and industry leaders. The SIP, submitted by ArcelorMittal Nippon Steel India (AMNS India) and its academic partner New Age Makers Institute of Technology (NAMTECH), aims to transform government ITIs into industry-managed institutions that are responsive to workforce needs. The PM-SETU scheme seeks to modernize vocational training infrastructure and enhance employability outcomes across India. With this milestone, Andhra Pradesh sets a precedent for other states, potentially accelerating the implementation of similar projects nationwide.
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The approval of the SIP is expected to enhance vocational training and employability in Andhra Pradesh, benefiting local industries and job seekers.
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