Two central ministries ink large capacity building MoU

A manufacturing sector -related Memorandum of Understanding (MoU) for large capacity building in capital goods and in the automotive sector has been between the Department of Heavy Industry and the Ministry of Skill Development and Entrepreneurship.

Under the MoU, infrastructure and facilities, improving training content, curriculum and methodology and use of latest technologies during the World of Industry India conference will be provided.

Dr. Rajan Katoch, Secretary, Department of Heavy Industry and Rohit Nandan, Secretary, Ministry of Skill Development and Entrepreneurship signed the MoU in the presence of Union Minister for Heavy Industries Anant Geete and Minister of State for Skill Development and Entrepreneurship Rajiv Pratap Rudy.

The key activities to be undertaken under the MoU are:

Create jointly a National Ecosystem for Development of Skills for the Manufacturing Sector, in particular the Capital Goods sector and automotive sector and other sectors/subjects covered by DHI

Develop a Multi-location 'National Institute of Manufacturing Technology (NIMT)' for training, education and research in manufacturing technologies by leveraging the infrastructure and facilities of PSUs under DHI

Creating Centres of Excellence in different categories by utilising/up-grading of exiting training facilities of the PSUs under DHI in collaboration with NSDC/Sector Skill Council and/or DGT

Bring in the internationally known best practices in the field of skill development and entrepreneurship for manufacturing sector and for that purpose get the services of internationally renowned experts and to leverage global partnerships and technical

There would be top-level institutional arrangement for this initiative so that it is properly implemented and monitored on regular basis.

Geete said "We know that our priority today is to create jobs for 65 percent of our population which is young. Partnership with Ministry of Skill Development is important to make people job-ready for our capital goods sector. The sector provides direct employment to 1.4 million people and indirect employment to 7 million people and impacts users of capital goods estimated to be 50 times of the direct employment."

"We are aiming to create direct and indirect employment for 30 million workers in the capital goods sector by 2025. Hence, we have signed the MoU with the Ministry of Skill Development and Entrepreneurship to ensure that these targets are met," he added.