JSW signs pact with Maharashtra to set up training institute

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.