• About us
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, July 14, 2026
  • Login
Curriculum Magazine
  • Home
  • News Updates
    • Updates Recent
    • Higher Education
    • Schools
    • Skills
    • People
  • Tech
    • Apps
    • EdTech
    • Startups
  • Events
    • Announcements
    • Conferences
    • Achievements
  • Spotlight
    • Opinion
    • Interview
    • Perspective
    • Guest Column
No Result
View All Result
Curriculum Magazine
No Result
View All Result
Home News Updates

ArcelorMittal Nippon Steel India Secures First-Ever Strategic Investment Plan Approval under PM-SETU

Visakhapatnam ITI Cluster receives National Steering Committee approval, marking the first operational industry partnership under the ₹60,000 crore PM-SETU scheme

by Editorial team
June 1, 2026
in News Updates, Skills Education
0
ArcelorMittal Nippon Steel India Secures First-Ever Strategic Investment Plan Approval under PM-SETU
495
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

The National Steering Committee (NSC) has approved the Strategic Investment Plan (SIP) for the Visakhapatnam ITI Cluster in Andhra Pradesh, submitted by ArcelorMittal Nippon Steel India (AM/NS India) under the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) scheme. The approval marks the first-ever Strategic Investment Plan to be cleared under PM-SETU and makes Andhra Pradesh the first State to operationalize an industry partnership under the scheme.

The approval was accorded during the 3rd National Steering Committee Meeting convened by the Ministry of Skill Development and Entrepreneurship (MSDE), Government of India at Kaushal Bhawan, New Delhi. The milestone represents the first concrete step towards implementing PM-SETU’s vision of transforming Government ITIs into industry-managed, outcome-oriented institutions through deep partnerships between State Governments and leading industry players.

The meeting was chaired by Smt. Debashree Mukherjee, Secretary, Ministry of Skill Development and Entrepreneurship, and attended by Shri Dilip Kumar, Director General, Directorate General of Training (DGT), along with members of the National Steering Committee. Senior representatives from the Capacity Building Commission (CBC), National Council for Vocational Education and Training (NCVET), Ministry of Commerce and Industry, Ministry of Heavy Industries, Ministry of Labour and Employment, participating State Governments, industry leaders including Hindustan Aeronautics Limited (HAL), Hero MotoCorp, Bajaj Auto, ITC Limited and ArcelorMittal Nippon Steel (AM/NS) India, as well as development partners such as the Asian Development Bank (ADB) and the World Bank participated in the deliberations.

The approval of the Visakhapatnam Cluster represents a significant step towards transforming Industrial Training Institutes into industry-managed, outcome-oriented institutions capable of responding to evolving workforce requirements. The successful approval of the proposal is expected to serve as a model for other States seeking to strengthen industry participation in vocational education and training and accelerate the implementation of PM-SETU interventions across the country.

PM-SETU, a flagship initiative of the Government of India with an outlay of ₹60,000 crore, aims to transform 1,000 Government ITIs through an industry-led Hub-and-Spoke model. The scheme seeks to modernise infrastructure, strengthen industry engagement, improve employability outcomes, and establish National Centres of Excellence (NCoEs) in high-growth sectors, building, through stronger government-industry partnerships — a future-ready workforce equipped for advanced manufacturing and emerging technologies.

Share198Tweet124
Editorial team

Editorial team

  • Trending
  • Comments
  • Latest
29 Children Conferred Pradhan Mantri Rashtriya Bal Puraskar-2022

29 Children Conferred Pradhan Mantri Rashtriya Bal Puraskar-2022

January 24, 2022
IIT Madras’s Discovery Campus at Thaiyur inaugurated; planned as a research campus

IIT Madras’s Discovery Campus at Thaiyur inaugurated; planned as a research campus

April 24, 2023
Cottonians meet Ruskin Bond, a BCS alumnus; hear him first-hand

Cottonians meet Ruskin Bond, a BCS alumnus; hear him first-hand

May 16, 2023
The property water based murals and installations

The property water based murals and installations

0
Domesticity group exhibition at volery gallery in Dubai, UAE

The eye-catching water based murals and installations

0
Domesticity group exhibition at volery gallery in Dubai, UAE

Evolution of iPhone, it changed the tech industry

0
Values and Fearlessness of Bhagawad Gita Are Vital for Nation Building: Swapan Dasgupta, Bengal FM

Values and Fearlessness of Bhagawad Gita Are Vital for Nation Building: Swapan Dasgupta, Bengal FM

July 13, 2026
AASOKA Science Kit Initiative and Ashok Samvad under Ashok Karya

AASOKA Science Kit Initiative and Ashok Samvad under Ashok Karya

July 13, 2026
MIT-WPU Launches Hafeez Contractor School of Architecture

MIT-WPU Launches Hafeez Contractor School of Architecture

July 13, 2026
Curriculum Magazine

Copyright © 2010 Curriculum.

Navigate Site

  • About us
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home

Copyright © 2010 Curriculum.