JSW signs pact with Maharashtra to set up training institute

Image
Press Trust of India Mumbai
Last Updated : Feb 15 2016 | 4:32 PM IST
The JSW Group has inked a pact with the Maharashtra government to set up JSW Institute of Skill Development and Training for Trainers.
The memorandum of understanding (MoU) aims to create state-of-the-art infrastructure with world-class faculty and curriculum of training in line with international standards of skill development.
The pact was signed here among the JSW Foundation, the CSR arm of the JSW Group and the Maharashtra government in the presence of Chief Minister Devendra Fadnavis.
"This noble project will usher in a new era of development for the country and provide impetus to skill development in line with Make-in-India mission," JSW Group CMD Sajjan Jindal said in a statement.
"Our objective is to enable and empower trainers with world-class education and training opportunity to build a competitive ecosystem, resulting in positive socio-economic change by creating more skilled job opportunities," he added.
In addition to infrastructure creation, JSW will provide corpus fund for the first two years for functioning of the institute, following which the institute will operate on self-sustainable basis.
The institute will analyse manpower skills required for various companies that are likely to enter India in defence, waterways and smart city, in line with the Make-in-India mission.
The proposed institute would also have international certification of Germany, Australia and Singapore based on the MoU signed between the Union government and these countries.
Among others, the institute would update teachers with the latest technology and development in training methodology through virtual classes.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 15 2016 | 4:32 PM IST

Next Story