Gandhinagar: Almost a decade after setting up its Nano project Gujarat, Tata Group has proposed a fresh big-ticket investment in the state — of over Rs 7,000 crore to upgrade Industrial Training Institutes (ITIs). The move is expected to bridge the demand-supply gap in terms of trained blue-collar workers in diverse and emerging industries of Gujarat.
Tata Group has proposed the PPP (public-private partnership) model to upgrade the 225 ITIs in the state. The group has already tied up with the Gujarat government for setting up and operating Indian Institute of Skills (IIS). The project to upgrade ITIs is being seen as a natural progression of the IIS proposal.
Tata Group will manage all aspects of the functioning of the ITIs in the state for five years. Ownership rights of the institutes will, however, remain with the state government. Tata Group has proposed an investment of Rs 34 crore for each ITI and the total upgrade cost will be about Rs 7,650 crore. Tata Group will bear 88% of the cost, while the government will take care of the remainder.
Don’t want to miss important News, Tenders, RFP-EOI, Jobs, Events, Schemes Announcements etc.? Download SKILLREPORTER mobile app from Google Playstore or follow SKILLREPORTER on Facebook – Linkedin – Twitter – Instagram. Stay connected…Stay Updated !Â
