150 ITIs, turned around by Tatas, to go on stream in Karnataka next month
Tata Technologies president Anand Badhe and chief minister Basavaraj Bommai reviewed the progress of the project, which took off in November last year and met timelines to be ready for launch in about a year’s time. The equipment alone cost Rs 4,636 crore, while infrastructure work cost another Rs 220 crore.
Installation of equipment is complete in about 25 ITIs and the rest will have it ready by the month end, skill development & entrepreneurship secretary S Selvakumar told ET.
Tata Technologies contributed 88% of the project cost, while the rest came from the government. The Tatas will also provide five years of annual maintenance free of cost, 300 trainers for two years and a free online platform to candidates.
The modernised ITIs will offer regular one- or two-year programmes to about 6,000 students, as well as short-term skill-specific courses to about 100,000 students in a year. The skill development department also hopes to engage with a number of private sector companies to have regular campus placement events.
Tata Technologies is engaged in product design, engineering, and R&D consulting services. In return for its investment, the Tatas will get the skilled manpower which it will supply to partner firms. For the smooth rollout of the project, the government has appointed audit and consultancy firm KPMG as knowledge partners for two years.
There are about 180,000 students learning at ITIs, including 196 aided and 1,115 private institutes.
The ITIs, Selvakumar said, had been using old technology machines, and those have been replaced with next-generation equipment and tools.
The government has roped in the Tatas to prepare students for the present day industrial needs and expose them to job opportunities through industry linkages and partnerships. The Tatas are also expected to create tech hubs for improving the skillsets by training the trainers to meet the demands of the job market both in India and overseas.
While the government has 270 ITIs in all, only 150 of them are running in their own buildings. Hence, the project covered only these 150 ITIs, with each one getting support worth Rs 31 crore.