Govt's ₹60,000 Crore ITI Upgrade Plan Draws Big Names Like Reliance, Adani, Mahindra

As per Economic Times report, The Ministry of Skill Development and Entrepreneurship has unveiled a ₹60,000 crore initiative to upgrade 1,000 Industrial Training Institutes (ITIs), in a significant effort to enhance vocational training and industrial skills in India. The goal is to train 2 million young individuals over 5 years while closely aligning skill development with current industry demands. 

A total of 12 companies, including Reliance Group, Adani Group, and Mahindra Group, have shown keen interest in participating. 8 companies, among them Toyota India, Schneider Electric, JK Cement, and ArcelorMittal Nippon Steel, have already shared preferences regarding the states and sectors where they plan to establish training hubs.

Hub-and-Spoke Model to Standardise Skilling Across India

The scheme is structured around a hub-and-spoke framework, where major ITIs will function as central hubs offering high-level training and resources. These hubs will support smaller, nearby institutions to ensure consistent quality across regions and cater to the specific needs of local industries. 

For instance, JK Cement aims to operate in Rajasthan, Uttar Pradesh, and Madhya Pradesh, focusing on sectors such as construction, electronics, and hospitality. Reliance plans to work in Maharashtra, Gujarat, and Andhra Pradesh, offering training in areas like renewable energy, petrochemical engineering, and retail.

Government Oversight and Industry Collaboration to Drive Execution

To oversee the effective implementation of the scheme, a National Steering Committee (NSC) has been established under the leadership of Skill Secretary Rajit Punhani. The committee includes representatives from ministries such as education, commerce, and labour, as well as major corporations like Hero MotoCorp and Bajaj Auto. Its responsibilities include formulating guidelines, managing funding allocations, and evaluating proposals from states. 

Additionally, 5 Centres of Excellence (CoEs) are planned in Bhubaneswar, Chennai, Hyderabad, Kanpur, and Ludhiana to further advance skill development, especially in the manufacturing sector. The project is being co-funded by the Asian Development Bank and the World Bank, emphasising a strong industry-led approach to reduce the skills gap and boost employability.

Read More: UIDAI Soon to Begin School-Based Biometric Aadhaar Updates for Children!

Conclusion 

The ₹60,000 crore ITI upgrade initiative marks a transformative step towards bridging the skill gap in India. With active participation from leading corporates and strong government oversight, the scheme is poised to modernise vocational education, enhance youth employability, and align training with evolving industry demands.

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