Ministry of Skill Development and Entrepreneurship Strategic Investment Plans
The Ministry of Skill Development and Entrepreneurship has approved strategic investment plans worth ₹1,237.58 crore for the upgradation of five ITI clusters, encompassing:
- One cluster each in Odisha and Gujarat
- Three clusters in Telangana
Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) Scheme
The PM-SETU scheme has transitioned from a pilot phase to a nationwide rollout, covering all 200 ITIs. This initiative enables states and Union Territories to implement the scheme based on industry readiness and capacity.
Key Measures and Partners
- Measures have been approved to:
- Simplify implementation
- Enhance industry participation
- Encourage greater involvement of public sector undertakings (PSUs)
- Expand the institutional ecosystem supporting PM-SETU
Anchor Industry Partners and Investment Details
- Odisha: Jindal Naveen Avasar with an investment of ₹240.21 crore
- Gujarat: ArcelorMittal Nippon Steel with an investment of ₹240.18 crore
- Telangana:
- Apollo Medskills with an investment of ₹241.01 crore
- Siddharth Infratech & Services with an investment of ₹275.24 crore
- Neuland Foundation with an investment of ₹240.94 crore
PM-SETU Scheme Overview
The PM-SETU is a significant ₹60,000 crore flagship scheme focused on modernising 1,000 industrial training institutes (ITIs) into industry-aligned skill centres through a hub-and-spoke model. The scheme aims to bridge the gap between youth employability and real-world industry needs.
