Rs 2,324.21 crore for modernization of ITIs.
CM Revanth Reddy along with Minister for IT Duddilla Sridhar Babu lay foundation stone for ATC at Mallepally ITI Center
HYDERABAD, JUNE 18, 2024: Chief Minister A Revanth Reddy led Telangana Government decided to upgrade the ITIs as Advanced Technology Centers (ATCs) to hone the skills of the youth and meet the growing Industrial needs (Industry 4.0) of skilled manpower. The Chief Minister determined to promote Telangana as the destination for skilled youth force for employment generation.
The government already entered into a 10 years of Memorandum of Understanding (MoU) with Tata Technologies Limited (TTL) to upgrade 65 ITIs as ATCs in the state. Accordingly, the CM laid the foundation stone for ATCs at Mallepally ITI in Hyderabad on Tuesday.
He said that 65 ITIs will be upgraded as ATCs. Training will be provided to the Youth in ATCs to meet the requirements of Industry. For this, advanced equipment and technology will be installed in ATCs. The TTL already employed 130 experts to impart training for youth in ATCs.
Around 5,860 people are being trained in six types of long-term courses every year. Training in short term courses will be offered to 31,200 people. Only 1.5 lakh people have been provided training in ITIs in the last ten years. Four lakh people will be trained in the next ten years in the ATCs.
The total cost of the project to convert ITIs into ATCs will be Rs.2,324.21 crores. State government will contribute Rs.307.96 crores (13.26 percent). While, the TTL’s share is Rs.2016.25 crores (86.74 percent).
The ATCs will not only offer training in various courses but also act as skill development centres. The ATCs will also play the role of Technology Centers (Technology Hub) for aspiring entrepreneurs in small, micro, medium and large scale industries. The TTL will also offer job opportunities to those trained in various courses in the ATCs. The ATCs will extend their services to Polytechnic and Engineering students in future. Minister for IT and Industries Duddilla Sridhar Babu and others were also present.
