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Andhra Pradesh Government and AM/NS India Sign Pact to Upgrade Four ITIs
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News18•12-10-2026, 14:45
Andhra Pradesh Government and AM/NS India Sign Pact to Upgrade Four ITIs
- •The Andhra Pradesh government, the Centre, and AM/NS India signed a shareholders agreement to upgrade four ITIs in the Visakhapatnam cluster with an investment of Rs 200 crore.
- •The upgrades will take place under the Pradhan Mantri Skilling and Employability Transformation through upgraded ITIs scheme.
- •A special purpose vehicle will be established where AM/NS India holds a 51 percent stake, while the Andhra Pradesh government and the Centre hold 24.5 percent each.
- •The initiative aims to equip students with industry-relevant practical skills, modern training facilities, and improved employability to support the state's industrial growth.
- •Government ITI in Kancharapalem will act as the main training centre, partnering with institutes in Visakhapatnam, Bobbili, and Narsipatnam.
Key Questions Answered
The upgrade covers Government ITI (Old) in Kancharapalem as the main training centre, along with Government ITI (Girls) at the Industrial Estate in Visakhapatnam, Government ITI in Bobbili, and Government ITI in Narsipatnam.
A dedicated special purpose vehicle is established with ArcelorMittal Nippon Steel India holding a 51 percent stake, while the Andhra Pradesh government and the Centre each hold 24.5 percent under a Rs 200 crore investment agreement.
The Rs 60,000 crore Centre-sponsored PM-SETU scheme aims to upgrade 1,000 government ITIs through industry partnerships and strengthen five National Skill Training Institutes by modernising infrastructure and introducing training in emerging technologies.
